Yesterday it was reported that a Director at II-VI (IIVI), Howard Xia, exercised options to sell 9,300 IIVI shares at $17.53 a share, for a total transaction value of $353.4K.
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Based on II-VI’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $666 million and GAAP net loss of $98.21 million. In comparison, last year the company earned revenue of $343 million and had a net profit of $28.7 million. The company has a one-year high of $43.49 and a one-year low of $26.93.
The insider sentiment on II-VI has been negative according to 51 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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II-VI, Inc. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and m
