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

|About: II-VI Incorporated (IIVI)|By:, SA News Editor

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.