Coherent Corp.
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
Recent Analyst Ratings for Coherent Corp.
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/4/2025 | $85.00 | Neutral → Buy | Rosenblatt |
3/24/2025 | $110.00 → $91.00 | Outperform → Strong Buy | Raymond James |
2/21/2025 | Buy | Jefferies | |
12/4/2024 | $135.00 | Buy | Jefferies |
11/18/2024 | $106.00 → $136.00 | Buy | Citigroup |
10/22/2024 | $105.00 | Buy → Neutral | Rosenblatt |
10/18/2024 | $86.00 | Buy → Neutral | B. Riley Securities |
10/14/2024 | $84.00 → $120.00 | Buy | Needham |
10/1/2024 | $120.00 | Neutral → Positive | Susquehanna |
8/16/2024 | $72.00 → $84.00 | Buy | Needham |
Coherent Corp. Press Releases
Fastest customizable press release news feed in the world
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
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
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
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
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
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.
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
Coherent Demonstrates Industry's First 400G Differential Electro-Absorption Modulated Laser
SAXONBURG, Pa., March 27, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in photonics, is demonstrating the industry's first 400 Gb/s Differential Electro-absorption Modulated Laser (D-EML) at OFC 2025. This represents a significant advance in high-speed optical networking technology for data centers. Built on the success of its 200G D-EML, which was recognized in the 2025 Lightwave+BTR Innovation Reviews, this innovative D-EML by Coherent addresses critical challenges in optical transceiver designs for 1.6T and future 3.2T connectivity driven by explosive AI infrastructure growth. Unlike traditional single-ended EMLs, its differential design effectively doubles the
Adeia Nominates Sandeep Vij to Board of Directors
SAN JOSE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), a leader in developing innovative technology solutions, today announced the nomination of Sandeep Vij, co-founder and managing partner of Argean Capital, to stand for election to Adeia's board of directors at its 2025 Annual Meeting of Shareholders (the "Annual Meeting"). Vij is a seasoned technology executive with more than 25 years of experience across semiconductor design, intellectual property licensing, and technology investing. In 2018, he co-founded Argean Capital, a private investment fund. Previously, he served as chief executive officer of MIPS Technologies, where he revitalized the company and drove
Coherent Announces Intent to Sell Epitaxial Fabrication Facility in Champaign, Illinois
SAXONBURG, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today that it will sell its epitaxial fabrication facility in Champaign, Illinois, as part of its ongoing initiatives to optimize its manufacturing footprint. The 65,000 ft2 campus features five G3 epi systems in 15,000 ft2 of Class 1000 ballroom-style cleanrooms. The fab is facilitized for up to 10 epitaxial tools and previously produced 2-inch to 6-inch indium phosphide and gallium arsenide wafers. Located six miles from the University of Illinois at Urbana-Champaign, the site comprises four buildings and a variety of fabrication and characteriza
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.
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
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
Jefferies resumed coverage on Coherent
Jefferies resumed coverage of Coherent with a rating of Buy
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
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
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
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
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
Coherent upgraded by Susquehanna with a new price target
Susquehanna upgraded Coherent from Neutral to Positive and set a new price target of $120.00
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 $84.00 from $72.00 previously
Coherent Corp. Insider Purchases
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
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)
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)
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)
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)
Coherent Corp. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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)
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)
Director Neal-Graves Lisa gifted 580 shares, decreasing direct ownership by 4% to 13,882 units (SEC Form 4)
4 - COHERENT CORP. (0000820318) (Issuer)
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)
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)
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)
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)
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)
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)
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)
Coherent Corp. SEC Filings
SEC Form SCHEDULE 13G filed by Coherent Corp.
SCHEDULE 13G - COHERENT CORP. (0000820318) (Subject)
SEC Form 10-Q filed by Coherent Corp.
10-Q - COHERENT CORP. (0000820318) (Filer)
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)
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)
SEC Form 8-K filed by Coherent Corp.
8-K - COHERENT CORP. (0000820318) (Filer)
SEC Form 8-K filed by Coherent Corp.
8-K - COHERENT CORP. (0000820318) (Filer)
SEC Form DEFA14A filed by Coherent Corp.
DEFA14A - COHERENT CORP. (0000820318) (Filer)
SEC Form S-8 filed by Coherent Corp.
S-8 - COHERENT CORP. (0000820318) (Filer)
SEC Form 10-Q filed by Coherent Corp.
10-Q - COHERENT CORP. (0000820318) (Filer)
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)
Coherent Corp. Leadership Updates
Live Leadership Updates
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
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
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,
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.
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
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
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
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
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
Coherent Appoints Dr. Christopher Dorman As Executive VP, Lasers Business
PITTSBURGH, July 18, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, today announced that Dr. Christopher Dorman has been named Executive Vice President, Lasers Business. In this position, he is responsible for the Lasers Segment across the markets of precision manufacturing, semiconductor & display capital equipment, life sciences, and scientific instruments, driving operational excellence and customer focus. "Dr. Dorman's 21-year tenure with Coherent and his recognized expertise in laser technology make him the perfect choice to lead multiple businesses within our Lasers Segment," said Dr. Vincent D. Mattera, Jr., Chair and CEO.
Coherent Corp. Financials
Live finance-specific insights
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
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
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.
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
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
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
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
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
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
Coherent Announces Date of Its Industrial Market Overview Webcast
PITTSBURGH, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today that the company will hold an Industrial Market Overview webcast for investors, equity analysts, and the public on Thursday, December 14, 2023, at 10:00 a.m. ET. Individuals wishing to view the two-hour webcast can access the event at the company's website by visiting coherent.com/company/investor-relations/financial-webcasts or via this link. 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 s
Coherent Corp. Large Ownership Changes
This live feed shows all institutional transactions in real time.
Amendment: SEC Form SC 13G/A filed by Coherent Corp.
SC 13G/A - COHERENT CORP. (0000820318) (Subject)
SEC Form SC 13D/A filed by Coherent Corp. (Amendment)
SC 13D/A - COHERENT CORP. (0000820318) (Subject)
SEC Form SC 13G filed by Coherent Inc.
SC 13G - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G filed by Coherent Inc.
SC 13G - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G/A filed by Coherent Inc. (Amendment)
SC 13G/A - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G/A filed by Coherent Inc. (Amendment)
SC 13G/A - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G/A filed by Coherent, Inc. (Amendment)
SC 13G/A - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G/A filed by Coherent, Inc. (Amendment)
SC 13G/A - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - COHERENT INC (0000021510) (Subject)
SEC Form SC 13G filed
SC 13G - COHERENT INC (0000021510) (Subject)