II-VI Incorporated to Webcast FY 2021 Fourth-Quarter Conference Call
July 27 2021 - 4:00PM
II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered
materials and optoelectronic components, announced today that the
Company will hold a live webcast and conference call on Tuesday,
August 10, 2021, at 9:00 a.m. EDT. The webcast and call will be
hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive
Officer; Mary Jane Raymond, Chief Financial Officer; and Dr.
Giovanni Barbarossa, Chief Strategy Officer and President, Compound
Semiconductors.
The fourth-quarter results for FY 2021 will be released before
the market opens on Tuesday, August 10, 2021, and will be posted on
the Company’s website at www.ii-vi.com/investor-relations.
Webcast URL:
Individuals wishing to participate in the webcast can access the
event at the Company’s website by
visiting www.ii-vi.com or via
https://tinyurl.com/IIVIQ4FY21EarningsRelease.
To join the call and replay:
If you wish to participate in the call, please dial +1
734-385-4977 or 877-316-5288. When you call, please enter
Confirmation Code 7470897 and provide your name and company
affiliation.
The call will be recorded, and a replay will be available to
interested parties who are unable to attend the live
event. This service will be available up to 11:59 p.m. EDT on
Friday, August 13, 2021, by dialing +1 734-385-4977 or 877-316-5288
and entering the ID number 7470897.
About II-VI Incorporated
II-VI Incorporated, a global leader in engineered materials and
optoelectronic components, is a vertically integrated manufacturing
company that develops innovative products for diversified
applications in communications, industrial, aerospace &
defense, semiconductor capital equipment, life sciences, consumer
electronics, and automotive markets. Headquartered in Saxonburg,
Pennsylvania, the Company has research and development,
manufacturing, sales, service, and distribution facilities
worldwide. The Company produces a wide variety of
application-specific photonic and electronic materials and
components, and deploys them in various forms, including integrated
with advanced software to support our customers. For more
information, please visit us at www.ii-vi.com.
Forward-Looking Statements
This press release contains forward-looking statements relating
to future events and expectations that are based on certain
assumptions and contingencies. The forward-looking statements are
made pursuant to the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995 and relate to the
Company’s performance on a going-forward basis. The forward-looking
statements in this press release involve risks and uncertainties,
which could cause actual results, performance, or trends to differ
materially from those expressed in the forward-looking statements
herein or in previous disclosures.
The Company believes that all forward-looking statements made by
it in this press release have a reasonable basis, but there can be
no assurance that management’s expectations, beliefs, or
projections as expressed in the forward-looking statements will
actually occur or prove to be correct. In addition to general
industry and global economic conditions, factors that could cause
actual results to differ materially from those discussed in the
forward-looking statements in this press release include but are
not limited to: (i) the failure of any one or more of the
assumptions stated above to prove to be correct; (ii) the risks
relating to forward-looking statements and other “Risk Factors”
discussed in the Company’s Annual Report on Form 10-K for the
fiscal year ended June 30, 2020 and additional risk factors that
may be identified from time to time in future filings of the
Company; (iii) the conditions to the completion of the Company’s
pending business combination transaction with Coherent, Inc. (the
“Transaction”) and the remaining equity investment by Bain Capital,
LP, including the receipt of any required regulatory approvals, and
the risks that those conditions will not be satisfied in a timely
manner or at all; (iv) the occurrence of any event, change or other
circumstances that could give rise to an amendment or termination
of the merger agreement relating to the Transaction; (v) the
Company’s ability to finance the Transaction, the substantial
indebtedness the Company expects to incur in connection with the
Transaction and the need to generate sufficient cash flows to
service and repay such debt; (vi) the possibility that the Company
may be unable to achieve expected synergies, operating efficiencies
and other benefits within the expected time-frames or at all and to
successfully integrate the operations of Coherent, Inc.
(“Coherent”) with those of the Company; (vii) the possibility that
such integration may be more difficult, time-consuming or costly
than expected or that operating costs and business disruption
(including, without limitation, disruptions in relationships with
employees, customers or suppliers) may be greater than expected in
connection with the Transaction; (viii) litigation and any
unexpected costs, charges or expenses resulting from the
Transaction; (ix) the risk that disruption from the Transaction
materially and adversely affects the respective businesses and
operations of the Company and Coherent; (x) potential adverse
reactions or changes to business relationships resulting from the
announcement, pendency or completion of the Transaction; (xi) the
ability of the Company to retain and hire key employees; (xii) the
purchasing patterns of customers and end users; (xiii) the timely
release of new products, and acceptance of such new products by the
market; (xiv) the introduction of new products by competitors and
other competitive responses; (xv) the Company’s ability to
assimilate recently acquired businesses, and realize synergies,
cost savings, and opportunities for growth in connection therewith,
together with the risks, costs, and uncertainties associated with
such acquisitions; (xvi) the Company’s ability to devise and
execute strategies to respond to market conditions; (xvii) the
risks to realizing the benefits of investments in R&D and
commercialization of innovations; (xviii) the risks that the
Company’s stock price will not trade in line with industrial
technology leaders; and/or (xix) the risks of business and economic
disruption related to the currently ongoing COVID-19 outbreak and
any other worldwide health epidemics or outbreaks that may arise.
The Company disclaims any obligation to update information
contained in these forward-looking statements, whether as a result
of new information, future events or developments, or
otherwise.
These risks, as well as other risks associated with the proposed
transaction, are more fully discussed in the joint proxy
statement/prospectus included in the registration statement on Form
S-4 (File No. 333-255547) filed with the SEC in connection with the
Transaction (the “Form S-4”). While the list of factors discussed
above and the list of factors presented in the Form S-4 are
considered representative, no such list should be considered to be
a complete statement of all potential risks and uncertainties.
Unlisted factors may present significant additional obstacles to
the realization of forward looking statements. Neither the Company
nor Coherent assumes any obligation to publicly provide revisions
or updates to any forward looking statements, whether as a result
of new information, future developments or otherwise, should
circumstances change, except as otherwise required by securities
and other applicable laws.
CONTACT: |
Mary Jane Raymond |
|
Chief Financial Officer |
|
investor.relations@ii-vi.com |
|
www.ii-vi.com/contact-us |
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