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II-VI (IIVI) -7.6% AH after warning it expects FQ4 (ends June 30) revenue of $135M-$137M and EPS...
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Thursday, June 14, 2012, 7:24 PM ETII-VI (IIVI) -7.6% AH after warning it expects FQ4 (ends June 30) revenue of $135M-$137M and EPS of $0.23-$0.25, below a consensus of $141.1M and $0.29. It's also guiding for FY13 revenue of $582M-$588M and EPS of $1.14-$1.21, below a consensus of $593M and $1.34. The provider of exotic high-tech materials and high-precision components says it's been hurt by soft demand and pricing for tellurium, and a slowdown for its Marlow thermoelectric cooler business.
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