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II-VI (IIVI), a maker of precision components and compound materials, drops 7.7% premarket after...

II-VI (IIVI), a maker of precision components and compound materials, drops 7.7% premarket after reporting FQ1 revenue of $138.4M (+15% Y/Y) and EPS of $0.29, missing consensus by $2.5M and $0.03. The company is also guiding for FY12 revenue of $575M-$590M and EPS of $1.26-$1.33, below a consensus of $592.6M and $1.41.
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