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Optics.com reported II-VI (NASDAQ:IIVI) reported sales of $534.6 million for its fiscal year ending June 30.
Optics.com reported II-VI (NASDAQ:IIVI) reported sales of $534.6 million for its fiscal year ending June 30.
As quoted in the market news:
The end result was significantly lower than the firm’s original expectations for annual sales of around $600 million, after a tough year in which II-VI was hit by a combination of severe flooding in Thailand last October, and the plummeting price of selenium and tellurium metals.