II-VI Inc. at the AGM appointed Thomas E. Mistler to serve as Lead Independent Director. Board of Directors also appointed the following independent directors to serve as members of the various committees of the Board of Directors: Audit Committee: Wendy F. DiCicco, Chairwoman, Joseph J. Corasanti, Thomas E. Mistler. Compensation Committee: Peter W. Sognefest, Chairmanm Joseph J. Corasanti, Wendy F. DiCicco, Thomas E. Mistler, and Marc Y.E. Pelaez. Nominating and Corporate Governance Committee: Thomas E. Mistler, Chairman, Marc Y.E. Pelaez, and Peter W. Sognefest. Subsidiary Committee: Marc Y.E. Pelaez, Chairman; Thomas E. Mistler and Peter W. Sognefest. The company's Board of Directors also elected the following individuals as officers of the Company: Francis J. Kramer as President and Chief Executive Officer, Carl J. Johnson as Chairman, Craig A. Creaturo as Chief Financial Officer and Treasurer; Herman E. Reedy as Executive Vice President - Infrared Optics, James Martinelli as Vice President - Military & Materials Business; and Vincent D. Mattera, Jr. Vice President - Compound Semiconductor Group. In addition to the Shareholders' Meeting Results and Board of Director Appointments, the company is also introducing its new line of chemical vapor deposition (CVD) diamond substrates for the infrared optics (IR) market. For more than 20 years, the company has been producing CVD zinc selenide (ZnSe) and zinc sulfide (ZnS) for IR optical applications. The Company's expertise in CVD crystal growth accelerated the development program for synthesizing high quality CVD diamond material tailored specifically for optical applications. The Company's Wide Bandgap Materials (WBG) Group's experience with fabricating super-hard silicon carbide (SiC) facilitated the Company's development program for optically finishing CVD diamond substrates. The company also has many years of experience in coating customer-supplied diamond substrates with low absorption antireflective and partially reflective coatings for high power laser applications. The introduction of the CVD diamond substrates broadens the Company's diamond materials offerings to now include both optical and industrial grades. On July 1, 2009, the company announced the formation of a joint venture with Beijing Supower Science and Technology Developing Co., Ltd. The new company, Langfang Haobo Diamond Co., Ltd., will produce industrial grade CVD diamond for cutting and wear applications.

II-VI Inc. reported Unaudited consolidated earnings results for the first quarter ended September 30, 2009. Revenues from continuing operations for the quarter decreased 25% to $65,538,000 from $87,766,000 in the first quarter of last fiscal year. For the quarter ended September 30, 2009, net earnings attributable to II-VI Incorporated were $6,306,000 or $0.21 per basic and diluted share compared with net earnings of $17,495,000 or $0.58 per basic and $0.57 per diluted share in the first quarter of last fiscal year. Earnings from continuing operations before income taxes was $8,399,000 and earnings from continuing operations was $6,299,000 compared to earnings from continuing operations before income taxes of $17,832,000 and earnings from continuing operations of $17,551,000 for the same period previous year. EBITDA for the period was $12,453,000 compared to $21,700,000 for the same period previous year. Additions to property, plant and equipment for the period was $2,547,000 compared to $4,707,000 for the same period previous year. Net cash provided by operating activities for the period was $5,655,000 compared to $609,000 for the same period previous year. For the second fiscal quarter ending December 31, 2009, the company currently forecasts revenues to range from $64.0 million to $67.0 million and earnings per share attributable to II-VI Incorporated to range from $0.18 to $0.22. For the fiscal year ending June 30, 2010, the company expects revenues to range from $264 million to $274 million and earnings per share to range from $0.85 to $0.95.

II-VI Inc. expected to Report Q2 2010 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 20, 2009).