II-VI (IIVI), the laser and optics maker, said Q2 EPS dropped 38% to 13 cents, missing views by 8 cents. Sales fell 1% to $125. 89 mil, under views of $138.07 mil. II-VI sees Q3 EPS of 24-28 cents, the midpoint below analyst views of 27 cents. Shares fell 9.5%.