II-VI Sales $534.6 Million For Fiscal Year

Optics.com reported II-VI (NASDAQ:IIVI) reported sales of $534.6 million for its fiscal year ending June 30.

As quoted in the market news:

The end result was significantly lower than the firm’s original expectations for annual sales of around $600 million, after a tough year in which II-VI was hit by a combination of severe flooding in Thailand last October, and the plummeting price of selenium and tellurium metals.

Click here to read the full Optics.com report.