Benzinga | Nov 5, 2020 06:56AM EST

II-VI Q1 Adj. EPS $0.84 Beats $0.55 Estimate, Sales $728.10M Miss $730.51M Estimate

II-VI (NASDAQ:IIVI) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.55 by 52.73 percent. This is a 47.37 percent increase over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $728.10 million which missed the analyst consensus estimate of $730.51 million by 0.33 percent. This is a 113.89 percent increase over sales of $340.41 million the same period last year.