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    Coherent Corp.

    Subscribe to $COHR
    $COHR
    Electronic Components
    Technology

    Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial research applications. It operates in two segments, OEM Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California.

    IPO Year:

    Exchange: NASDAQ

    Website: coherent.com

    Peers

    $IPGP

    Recent Analyst Ratings for Coherent Corp.

    DatePrice TargetRatingAnalyst
    4/28/2025$125.00 → $85.00Buy
    Needham
    4/7/2025Market Perform → Outperform
    Northland Capital
    4/4/2025$85.00Neutral → Buy
    Rosenblatt
    3/24/2025$110.00 → $91.00Outperform → Strong Buy
    Raymond James
    2/21/2025Buy
    Jefferies
    12/4/2024$135.00Buy
    Jefferies
    11/18/2024$106.00 → $136.00Buy
    Citigroup
    10/22/2024$105.00Buy → Neutral
    Rosenblatt
    10/18/2024$86.00Buy → Neutral
    B. Riley Securities
    10/14/2024$84.00 → $120.00Buy
    Needham
    See more ratings

    Coherent Corp. Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Coherent Corp. Reports Third Quarter Fiscal 2025 Results

      Q3 REVENUE OF $1.50B, INCREASED 24% Y/YQ3 GAAP GROSS MARGIN OF 35.2%, INCREASED 491 bps Y/Y; Q3 NON-GAAP GROSS MARGIN OF 38.5%, INCREASED 490 bps Y/YQ3 GAAP EPS OF $(0.11), IMPROVED $0.18 Y/Y; Q3 NON-GAAP EPS OF $0.91, IMPROVED $0.53 Y/Y SAXONBURG, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, announced financial results today for its fiscal third quarter ended March 31, 2025. Revenue for the third quarter of fiscal 2025 was $1.50 billion, with GAAP gross margin of 35.2% and GAAP net loss of $0.11 per diluted share. On a non-GAAP basis, gross margin was 38.5% with net income per

      5/7/25 4:15:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. Announces Timing of Third-Quarter Fiscal 2025 Earnings Release

      SAXONBURG, Pa., April 23, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) (the "Company"), a global leader in materials, networking, and lasers, announced today that it will release third-quarter fiscal 2025 financial results on Wednesday, May 7, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/ investor-relations/financial-webcasts. The webcast will be recorded, and a replay will be available within 24 hours after the live audio webcast on the company's website. Media Contact: Amy Wilsoncorporate.communications@co

      4/23/25 8:30:00 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Introduces Axon FL: a Versatile Fiber Coupling Module for Mini2P Applications

      SAXONBURG, Pa., April 18, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, today announces the launch of the Axon FL, a fiber coupling module that transforms the Axon 920 TPC ultrafast femtosecond laser into a plug-and-play solution for Mini2P microscopy. Designed for seamless interchangeability between free-space and fiber-coupled outputs, the Axon FL significantly expands the versatility of the Axon 920 TPC laser, enabling researchers to use a single source across a wider range of applications, such as exploring intricate neural circuits and cellular dynamics deep within living tissues. Mini2P microscopy is rapidly gaining momentum for in vivo brain ima

      4/18/25 4:30:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. to Host Analyst and Investor Day on May 28, 2025

      SAXONBURG, Pa., April 01, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, today announced that it will host an Analyst and Investor Day on Wednesday, May 28, 2025, at 9:00 a.m. EDT at the New York Stock Exchange. The event will feature presentations and a Q&A session with members of the Company's executive leadership team, including CEO Jim Anderson and CFO Sherri Luther. Presentations will be delivered in person and via live webcast accessible through Coherent's Investor Relations website at coherent.com/company/investor-relations. An archived edition of the webcast will be available later tha

      4/1/25 4:30:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Demonstrates 1.6T Optical Transceivers Based on 200G VCSELs

      SAXONBURG, Pa., April 01, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, will demonstrate a 1.6T-SR8 optical transceiver at OFC 2025. This transceiver incorporates advanced 200G vertical cavity surface emitting lasers (VCSELs) and photodiodes produced by Coherent. VCSEL-based transceivers have established dominance in data center environments due to their exceptional cost-effectiveness and low power consumption for short-reach connections. Additionally, surging demand from artificial intelligence and machine learning workloads continue to drive significant growth in such short-reach transceiver solutions. "We are proactively demonstrating this

      4/1/25 9:25:00 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent to Showcase Silicon Photonics Based 1.6T Transceiver Modules Incorporating Next-Generation ICS for Low Power Consumption

      SAXONBURG, Pa., March 31, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, will show a live demonstration of its silicon photonics-based 1.6T-DR8 transceiver module using a Marvell® Ara 3nm optical digital signal processor (DSP) at OFC 2025. This transceiver features 200 Gbps electrical and optical interfaces. While the most advanced DSPs deployed in datacom transceivers today use 5nm node sizes, there is a constant push to an even smaller node size in order to minimize electrical power dissipation. Coherent's transceiver in this demonstration uses Marvell Ara DSP, a 3nm 1.6T PAM4 optical DSP, which aims to reduce the power dissipation of 1.6T optical t

      3/31/25 4:30:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent to Showcase Innovative Products, Technologies and Thought Leadership at OFC 2025

      SAXONBURG, Pa., March 31, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, announced today that it will showcase its new products and technologies for next-generation optical communications networks at OFC 2025, Apr 1-3 at the Moscone Center in San Francisco, Booth #1519. Coherent will bring also expert insights thanks to its thought leaders that will present at panels, technical sessions, and other OFC events. RECENT PRODUCT ANNOUNCEMENTS Optical Transceivers Optimized for Optical Circuit SwitchesSuite of 400G, 800G, and 1.6T pluggable optical transceivers optimized for use in data centers that incorporate optical circuit switches (OCSs). Th

      3/31/25 9:30:00 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Announces General Availability of Industry-First 100G ZR QSFP28-DCO With High Optical Output Power

      SAXONBURG, Pa., March 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, announces general availability of the industry's first 100G ZR QSFP28-DCO featuring 0dBm optical output power, designed for metro and regional ROADM-based line systems.  The new 100G ZR QSFP28-DCO stands apart as the market's only high-power coherent transceiver in the compact QSFP28 form factor, significantly reducing both power dissipation and network footprint. Ideal for IP-over-DWDM deployments, this solution eliminates the need for costly muxponders and transponders, enabling network operators to scale efficiently while achieving superior performance. An optional Tunable Optic

      3/28/25 5:30:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Announces General Availability of 800G ZR/ZR+ QSFP-DD Transceiver

      SAXONBURG, Pa., March 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, announces general availability of its 800G ZR/ZR+ transceiver in QSFP-DD form factor. This launch reinforces the company's commitment to next-generation optical networking.  The 800G ZR/ZR+ addresses increasing demand for high-speed, efficient, and scalable metro, regional, and data center interconnect applications. Its pluggable form factor supports IP-over-DWDM deployments, enabling seamless integration into high-capacity routers and Ethernet switches. By eliminating standalone transport equipment, network operators achieve significant reductions in capital and operational costs.

      3/28/25 8:30:00 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Introduces Optical Transceivers Optimized for Optical Circuit Switch Applications

      SAXONBURG, Pa., March 27, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, announces the introduction of a set of pluggable optical transceivers optimized for use in data centers that incorporate optical circuit switches (OCSs).     OCSs are being increasingly adopted in artificial intelligence (AI) and machine learning (ML) applications to reduce cost, latency, and power consumption of these architectures, but the OCS introduces up to 3 dB additional insertion loss beyond what was envisioned in the standards that typically define these transceivers. Coherent has adapted three of the most relevant optical standards to produce transceivers that meet the or

      3/27/25 4:30:00 PM ET
      $COHR
      Electronic Components
      Technology

    Coherent Corp. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Needham reiterated coverage on Coherent with a new price target

      Needham reiterated coverage of Coherent with a rating of Buy and set a new price target of $85.00 from $125.00 previously

      4/28/25 8:09:18 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent upgraded by Northland Capital

      Northland Capital upgraded Coherent from Market Perform to Outperform

      4/7/25 8:10:39 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent upgraded by Rosenblatt with a new price target

      Rosenblatt upgraded Coherent from Neutral to Buy and set a new price target of $85.00

      4/4/25 8:24:26 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent upgraded by Raymond James with a new price target

      Raymond James upgraded Coherent from Outperform to Strong Buy and set a new price target of $91.00 from $110.00 previously

      3/24/25 8:24:30 AM ET
      $COHR
      Electronic Components
      Technology
    • Jefferies resumed coverage on Coherent

      Jefferies resumed coverage of Coherent with a rating of Buy

      2/21/25 8:29:11 AM ET
      $COHR
      Electronic Components
      Technology
    • Jefferies initiated coverage on Coherent with a new price target

      Jefferies initiated coverage of Coherent with a rating of Buy and set a new price target of $135.00

      12/4/24 7:29:48 AM ET
      $COHR
      Electronic Components
      Technology
    • Citigroup resumed coverage on Coherent with a new price target

      Citigroup resumed coverage of Coherent with a rating of Buy and set a new price target of $136.00 from $106.00 previously

      11/18/24 8:31:41 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent downgraded by Rosenblatt with a new price target

      Rosenblatt downgraded Coherent from Buy to Neutral and set a new price target of $105.00

      10/22/24 6:23:51 AM ET
      $COHR
      Electronic Components
      Technology
    • Coherent downgraded by B. Riley Securities with a new price target

      B. Riley Securities downgraded Coherent from Buy to Neutral and set a new price target of $86.00

      10/18/24 7:28:24 AM ET
      $COHR
      Electronic Components
      Technology
    • Needham reiterated coverage on Coherent with a new price target

      Needham reiterated coverage of Coherent with a rating of Buy and set a new price target of $120.00 from $84.00 previously

      10/14/24 7:59:03 AM ET
      $COHR
      Electronic Components
      Technology

    Coherent Corp. SEC Filings

    See more
    • SEC Form 10-Q filed by Coherent Corp.

      10-Q - COHERENT CORP. (0000820318) (Filer)

      5/7/25 4:10:55 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits, Regulation FD Disclosure

      8-K - COHERENT CORP. (0000820318) (Filer)

      5/7/25 4:05:27 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SCHEDULE 13G filed by Coherent Corp.

      SCHEDULE 13G - COHERENT CORP. (0000820318) (Subject)

      2/12/25 9:08:29 AM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form 10-Q filed by Coherent Corp.

      10-Q - COHERENT CORP. (0000820318) (Filer)

      2/5/25 4:18:14 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits, Regulation FD Disclosure

      8-K - COHERENT CORP. (0000820318) (Filer)

      2/5/25 4:05:24 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation

      8-K - COHERENT CORP. (0000820318) (Filer)

      1/7/25 3:07:30 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form 8-K filed by Coherent Corp.

      8-K - COHERENT CORP. (0000820318) (Filer)

      11/15/24 6:29:30 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form 8-K filed by Coherent Corp.

      8-K - COHERENT CORP. (0000820318) (Filer)

      11/14/24 4:06:01 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form DEFA14A filed by Coherent Corp.

      DEFA14A - COHERENT CORP. (0000820318) (Filer)

      11/6/24 4:38:51 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form S-8 filed by Coherent Corp.

      S-8 - COHERENT CORP. (0000820318) (Filer)

      11/6/24 4:32:40 PM ET
      $COHR
      Electronic Components
      Technology

    Coherent Corp. Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by Coherent Corp.

      SC 13G/A - COHERENT CORP. (0000820318) (Subject)

      9/9/24 4:26:55 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13D/A filed by Coherent Corp. (Amendment)

      SC 13D/A - COHERENT CORP. (0000820318) (Subject)

      3/7/24 4:48:28 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G filed by Coherent Inc.

      SC 13G - COHERENT INC (0000021510) (Subject)

      2/11/22 4:30:45 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G filed by Coherent Inc.

      SC 13G - COHERENT INC (0000021510) (Subject)

      2/11/22 9:42:01 AM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Coherent Inc. (Amendment)

      SC 13G/A - COHERENT INC (0000021510) (Subject)

      2/9/22 3:43:33 PM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Coherent Inc. (Amendment)

      SC 13G/A - COHERENT INC (0000021510) (Subject)

      2/1/22 11:39:00 AM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Coherent, Inc. (Amendment)

      SC 13G/A - COHERENT INC (0000021510) (Subject)

      7/12/21 9:24:01 AM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Coherent, Inc. (Amendment)

      SC 13G/A - COHERENT INC (0000021510) (Subject)

      4/12/21 8:02:07 AM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed

      SC 13G/A - COHERENT INC (0000021510) (Subject)

      2/10/21 10:46:45 AM ET
      $COHR
      Electronic Components
      Technology
    • SEC Form SC 13G filed

      SC 13G - COHERENT INC (0000021510) (Subject)

      2/9/21 3:09:24 PM ET
      $COHR
      Electronic Components
      Technology

    Coherent Corp. Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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    • CEO & President Anderson James Robert bought $51,360 worth of shares (500 units at $102.72), increasing direct ownership by 0.34% to 149,214 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      12/2/24 3:16:05 PM ET
      $COHR
      Electronic Components
      Technology
    • CEO & President Anderson James Robert bought $51,989 worth of shares (500 units at $103.98), increasing direct ownership by 0.34% to 148,714 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      11/25/24 5:09:36 PM ET
      $COHR
      Electronic Components
      Technology
    • CEO & President Anderson James Robert bought $35,275 worth of shares (500 units at $70.55), increasing direct ownership by 0.34% to 148,214 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      9/10/24 9:28:56 PM ET
      $COHR
      Electronic Components
      Technology
    • CEO & President Anderson James Robert bought $36,685 worth of shares (500 units at $73.37), increasing direct ownership by 0.34% to 147,714 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      9/4/24 6:33:15 PM ET
      $COHR
      Electronic Components
      Technology

    Coherent Corp. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Chief Technology Officer Eng Julie Sheridan was granted 13,300 shares, increasing direct ownership by 38% to 48,560 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      3/4/25 5:00:57 PM ET
      $COHR
      Electronic Components
      Technology
    • SVP, CAO & Corp. Controller Mocciaro Ilaria covered exercise/tax liability with 687 shares, decreasing direct ownership by 3% to 22,292 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      2/28/25 7:16:45 PM ET
      $COHR
      Electronic Components
      Technology
    • Director Neal-Graves Lisa gifted 580 shares, decreasing direct ownership by 4% to 13,882 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      2/26/25 3:01:45 PM ET
      $COHR
      Electronic Components
      Technology
    • Chief Innovation Officer Koeppen Christopher sold $553,428 worth of shares (5,164 units at $107.17), decreasing direct ownership by 9% to 55,338 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      12/17/24 5:09:49 PM ET
      $COHR
      Electronic Components
      Technology
    • Chief Innovation Officer Koeppen Christopher sold $277,130 worth of shares (2,590 units at $107.00), decreasing direct ownership by 4% to 60,502 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      12/4/24 2:55:18 PM ET
      $COHR
      Electronic Components
      Technology
    • Director Xia Howard H. exercised 2,970 shares at a strike of $17.84 and sold $324,270 worth of shares (2,970 units at $109.18) (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      12/4/24 2:43:28 PM ET
      $COHR
      Electronic Components
      Technology
    • CEO & President Anderson James Robert bought $51,360 worth of shares (500 units at $102.72), increasing direct ownership by 0.34% to 149,214 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      12/2/24 3:16:05 PM ET
      $COHR
      Electronic Components
      Technology
    • SVP, CAO & Corp. Controller Mocciaro Ilaria was granted 7,647 shares, increasing direct ownership by 50% to 22,979 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      12/2/24 3:04:17 PM ET
      $COHR
      Electronic Components
      Technology
    • Director Corasanti Joseph J exercised 9,240 shares at a strike of $21.67 and sold $935,921 worth of shares (9,240 units at $101.29) (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      11/27/24 5:07:19 PM ET
      $COHR
      Electronic Components
      Technology
    • CEO & President Anderson James Robert bought $51,989 worth of shares (500 units at $103.98), increasing direct ownership by 0.34% to 148,714 units (SEC Form 4)

      4 - COHERENT CORP. (0000820318) (Issuer)

      11/25/24 5:09:36 PM ET
      $COHR
      Electronic Components
      Technology

    Coherent Corp. Financials

    Live finance-specific insights

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    • Coherent Corp. Reports Third Quarter Fiscal 2025 Results

      Q3 REVENUE OF $1.50B, INCREASED 24% Y/YQ3 GAAP GROSS MARGIN OF 35.2%, INCREASED 491 bps Y/Y; Q3 NON-GAAP GROSS MARGIN OF 38.5%, INCREASED 490 bps Y/YQ3 GAAP EPS OF $(0.11), IMPROVED $0.18 Y/Y; Q3 NON-GAAP EPS OF $0.91, IMPROVED $0.53 Y/Y SAXONBURG, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, announced financial results today for its fiscal third quarter ended March 31, 2025. Revenue for the third quarter of fiscal 2025 was $1.50 billion, with GAAP gross margin of 35.2% and GAAP net loss of $0.11 per diluted share. On a non-GAAP basis, gross margin was 38.5% with net income per

      5/7/25 4:15:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. Reports Second Quarter Fiscal 2025 Results

      Q2 REVENUE OF $1.43B, INCREASED 27% Y/YQ2 GAAP GROSS MARGIN OF 35.5%, INCREASED 452 bps Y/Y; Q2 NON-GAAP GROSS MARGIN OF 38.2%, INCREASED 363 bps Y/YQ2 GAAP EPS OF $0.44, IMPROVED $0.82 Y/Y; Q2 NON-GAAP EPS OF $0.95, IMPROVED $0.69 Y/Y SAXONBURG, Pa., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, announced financial results today for its fiscal second quarter ended December 31, 2024. Revenue for the second quarter of fiscal 2025 was $1.43 billion, with GAAP gross margin of 35.5% and GAAP net income of $0.44 per diluted share. On a non-GAAP basis, gross margin was 38.2% with net

      2/5/25 4:14:44 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. Reports First Quarter Fiscal 2025 Results

      Q1 REVENUE OF $1.35B, INCREASED 28% Y/YQ1 GAAP GROSS MARGIN OF 34.1%, INCREASED 499 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 37.7%, INCREASED 293 bps Y/YQ1 GAAP EPS OF ($0.04), IMPROVED 94% Y/Y; Q1 NON-GAAP EPS OF $0.74, IMPROVED 357% Y/Y PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, announced financial results today for its fiscal first quarter ended September 30, 2024. Revenue for the first quarter of fiscal 2025 was $1.35 billion, with GAAP gross margin of 34.1% and GAAP net loss of $(0.04) per diluted share. On a non-GAAP basis, gross margin was 37.7% wit

      11/6/24 4:25:26 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Corp. Reports Fourth Quarter and Full Year Fiscal 2024 Results

      Q4 REVENUE OF $1.314B, GREW 9.1% Y/YQ4 GAAP GROSS MARGIN OF 32.9%, GREW 437 bps Y/Y; Q4 NON-GAAP GROSS MARGIN OF 37.2%, GREW 132 bps Y/YQ4 GAAP EPS OF ($0.52), IMPROVEMENT OF $1.02 Y/Y; Q4 NON-GAAP EPS OF $0.61, IMPROVEMENT OF $0.20 OR +49% Y/Y PITTSBURGH, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, announced financial results today for its fiscal fourth quarter and full year ended June 30, 2024. Revenue for the fourth quarter of fiscal 2024 was $1.314 billion, with GAAP gross margin of 32.9% and GAAP net loss of $(0.52) per diluted share. On a non-GAAP basis, gross margin was 37.

      8/15/24 4:05:00 PM ET
      $COHR
      Electronic Components
      Technology
    • Coherent Announces Date of FY2024 Fourth-Quarter and Fiscal Year-End Results Conference Call

      PITTSBURGH, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter and fiscal year ended June 30, 2024, in a press release posted on Coherent's website at coherent.com/company/investor-relations after market close on Thursday, August 15. Coherent's management will host a live audio webcast to discuss these results at 5 p.m. ET that same afternoon. Individuals wishing to listen to the live webcast of the call can access the event at the company's website by visiting coherent.com/company/investor-relations/financial-webcasts or via this link. The c

      8/1/24 8:30:00 AM ET
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    • Coherent Announces Date of Its Instrumentation Market Overview Webcast

      PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Overview webcast for investors, equity analysts, and the public on Tuesday, May 14, at 10:00 a.m. ET. Individuals wishing to view the 90-minute webcast can access the event at the company's website by visiting coherent.com/company/investor-relations/financial-webcasts. The event will be recorded, and a replay will be available for a limited time. About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innov

      5/7/24 4:30:00 PM ET
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    • Coherent Corp. Releases Third-Quarter Fiscal Year 2024 Financial Results

      PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal year 2024. These results have been posted as a letter to shareholders on the Investor Relations section of its website at coherent.com/company/investor-relations. A conference call to discuss these results with Chair and CEO Dr. Vincent D. (Chuck) Mattera, Jr., and members of the management team will be held on Tuesday, May 7, 2024, at 8:00 a.m. ET. Individuals wishing to listen to the live webcast of the call can access the event at the company's website by visiting coherent.com/company/investo

      5/6/24 5:17:46 PM ET
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    • Coherent Announces Date of FY2024 Third-Quarter Conference Call

      PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended March 31, 2024, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, May 6. Coherent's management will host a conference call to discuss these results on Tuesday, May 7, at 8:00 a.m. ET. Individuals wishing to listen to the live webcast of the call can access the event at the company's website by visiting coherent.com/company/investor-relations/financial-webcasts or via this link. The call will be reco

      4/18/24 6:00:00 AM ET
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    • Coherent Corp. Releases Second-Quarter Fiscal Year 2024 Financial Results

      PITTSBURGH, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today the financial results for its second quarter of fiscal year 2024. These results have been posted as a letter to shareholders on the Investor Relations section of its website. A conference call to discuss these results with Chair and CEO Dr. Vincent D. (Chuck) Mattera, Jr., and members of the management team will be held on February 6, 2024, at 8:00 a.m. ET. The shareholder letter sets forth detailed financial information and disclosures for the company and is designed to provide greater insight into the company's operating performance and outlook

      2/5/24 5:35:16 PM ET
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    • Coherent Announces Date Of FY2024 Second-Quarter Conference Call

      PITTSBURGH, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended December 31, 2023, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, February 5. Coherent's management will host a conference call to discuss these results on Tuesday, February 6, at 8:00 a.m. ET. Individuals wishing to listen to the live webcast of the call can access the event at the company's website by visiting coherent.com/company/investor-relations/financial-webcasts or via this link. The call

      1/19/24 6:00:00 AM ET
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    Coherent Corp. Leadership Updates

    Live Leadership Updates

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    • Coherent Corp. Announces Timing of Third-Quarter Fiscal 2025 Earnings Release

      SAXONBURG, Pa., April 23, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) (the "Company"), a global leader in materials, networking, and lasers, announced today that it will release third-quarter fiscal 2025 financial results on Wednesday, May 7, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/ investor-relations/financial-webcasts. The webcast will be recorded, and a replay will be available within 24 hours after the live audio webcast on the company's website. Media Contact: Amy Wilsoncorporate.communications@co

      4/23/25 8:30:00 AM ET
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    • Coherent Corp. Announces Timing of Second-Quarter Fiscal 2025 Earnings Release

      PITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) (the "Company"), a global leader in materials, networking, and lasers, announced today that it will release second-quarter fiscal 2025 financial results on Wednesday, February 5, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/ investor-relations/financial-webcasts. The webcast will be recorded, and a replay will be available within 24 hours after the live audio webcast on the company's website. Media Contact: Amy Wilsoncorporate.communications@c

      1/22/25 8:30:00 AM ET
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    • Coherent Corp. Announces Timing of First-Quarter Fiscal 2025 Earnings Release

      PITTSBURGH, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," "We," or the "Company"), a global leader in materials, networking, and lasers, announced today that it will release first-quarter fiscal 2025 financial results on Wednesday, November 6, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/investor-relations/financial-webcasts. The webcast will be recorded, and a replay will be available within 24 hours after the live audio webcast on the company's website. About CoherentCoherent empowers m

      10/23/24 4:30:00 PM ET
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    • Coherent Appoints Rob Beard as Chief Legal and Global Affairs Officer

      PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE:COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Rob Beard as the Company's new Chief Legal and Global Affairs Officer, and Corporate Secretary, effective today. Rob replaces current Chief Legal Officer Ron Basso, who is retiring. The Company has also promoted Marie Batz Martin to Chief Compliance Officer, reporting to Rob.  Mr. Beard joins Coherent from Mastercard Incorporated ("Mastercard"), where he was Chief Legal and Global Affairs Officer. Before Mastercard, Rob spent nearly a decade at Micron Technology,

      10/21/24 11:31:53 AM ET
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    • Coherent Appoints Sherri Luther as Chief Financial Officer

      PITTSBURGH, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE:COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Sherri Luther as the Company's new Chief Financial Officer and Treasurer, effective today. Ms. Luther joins Coherent from Lattice Semiconductor ("Lattice"), where she was Chief Financial Officer since 2019. Before Lattice, Ms. Luther spent 16 years at Coherent, Inc., prior to its acquisition, including as Corporate Vice President of Finance. "We are pleased to welcome Sherri Luther back to Coherent's leadership team," said Jim Anderson, Chief Executive Officer.

      10/11/24 8:19:25 AM ET
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    • Coherent Appoints Jim Anderson as Chief Executive Officer

      PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE:COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company's new Chief Executive Officer, effective today. Mr. Anderson also joins the Company's Board of Directors. Mr. Anderson joins Coherent from Lattice Semiconductors ("Lattice"), where he was President, Chief Executive Officer, and a member of its Board of Directors. As CEO, Mr. Anderson was respon

      6/3/24 8:09:13 AM ET
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    • Coherent Loans James Webb Space Telescope Demonstration Mirror to Space Foundation Discovery Center

      PITTSBURGH, April 08, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a leader in advanced optical systems, announced today an agreement with the Space Foundation Discovery Center, located in Colorado Springs, Colorado, to provide on loan a demonstration mirror developed for the James Webb Space Telescope (JWST). The JWST launched on December 25, 2021, after a 25-year construction project heralded as one of the most complex and ambitious projects in engineering and space exploration history. The telescope almost immediately revolutionized our understanding of the universe, much like the Hubble Space Telescope did, by providing unprecedented clarity and depth in its observations of

      4/8/24 6:00:00 AM ET
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    • Iridia Appoints Sandeep Vij to Board of Directors

      SAN DIEGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Iridia™ Inc., a pioneer in the field of DNA-based data storage, today announced the appointment of Sandeep Vij, an experienced semiconductor industry executive, to its Board of Directors. With his appointment, Iridia's Board has been expanded to seven members. "We are excited to welcome an industry veteran of Sandeep's caliber to the Iridia board," said Jay Flatley, former Illumina CEO and Chairman of Iridia's board. "With Sandeep's decades of operational and strategic experience in the semiconductor industry and track record of driving shareholder value, we look forward to leveraging his expertise to accelerate Iridia's mission critical develo

      10/26/23 7:00:00 AM ET
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    • Coherent Announces Appointment of New Directors to the Board

      PITTSBURGH, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, today announced the appointment of two new directors to its Board: Elizabeth A. Patrick, most recently the Senior Vice President and Chief People Officer for Diebold Nixdorf; and Michelle Sterling, a human resources consultant and former Executive Vice President and Chief Human Resources Officer at Qualcomm, Inc. The appointments became effective September 19, 2023. "I am pleased to welcome Beth and Michelle to the Coherent Board of Directors. They expand the relevant industry experience of the Board, as they are experts at developing long-term roadmaps for human

      10/4/23 6:00:00 AM ET
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    • Coherent Announces the Retirement of Dr. Mark Sobey, President, Lasers Segment

      PITTSBURGH, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, today announced that Dr. Mark Sobey, President, Lasers Segment, will retire from the company effective today, September 1, 2023. Dr. Sobey has served as President of Coherent's Lasers Segment since the closing of the merger between II-VI and Coherent, Inc., in July 2022. Prior to the merger, Dr. Sobey served as Coherent, Inc.'s, Chief Operating Officer from 2020 to 2022. He was previously Executive Vice President and General Manager of Coherent, Inc.'s, OEM Laser Sources until being promoted to COO, and before that he was Executive Vice President and General Man

      9/1/23 6:00:00 AM ET
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