Coherent Corp

Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and markets. It operates through the following segments: Photonic Solutions and Compound Semiconductors. The Photonic Solutions segment manufactures crystal materials, optics, microchip lasers and optoelectronic modules for use in optical communication networks and other diverse consumer and commercial applications, pump lasers, optical isolators, and optical amplifiers and micro-optics for optical amplifiers, for both terrestrial and submarine applications within the optical communications market. The Compound Semiconductors segment designs, manufactures and markets optical and electro-optical components and materials, infrared optical components and high-precision optical assemblies for aerospace and defense, medical and commercial laser imaging applications, semiconductor lasers and detectors for optical interconnects and sensing applications, unique engineered materials for thermoelectric and silicon carbide applications servicing the semiconductor, aerospace and defense and medical markets. The company was founded Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

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Coherent Corp. reports Q3 revenue challenges, accelerates cost-saving measures

Coherent Corp. faced revenue challenges in Q3 but is taking proactive measures to reduce costs and improve efficiency. The company is reviewing strategic options for its silicon carbide business and expects an inflection point in demand in the coming quarters. Despite market constraints, opportunities exist for improving inventory levels and capitalizing on datacom demand.

Coherent Corp. exceeds Q4 revenue, eyes market leadership in AI

Coherent's Q4 performance exceeded expectations, with a focus on market leadership in AI transceivers and 800G opportunity. However, macro uncertainty and revenue decline pose challenges for FY '24, while significant growth opportunities exist in the 800G Datacom transceivers and silicon carbide business.

Coherent Corp reports Q3 revenue growth, accelerates restructuring for savings

Coherent Corp's Q3 performance showed revenue growth and debt reduction. The company is addressing challenges through restructuring and cost-saving measures. Opportunities lie in restructuring savings, strategic partnerships, and product pricing strategies.

Coherent Corp surpasses Q4 revenue targets, eyes AI opportunities

Coherent Corp's Q4 performance exceeded expectations, driven by strategic investments and acquisitions. Despite challenges from macroeconomic uncertainty, the company is optimistic about the future, focusing on managing costs and aligning with market realities. Opportunities in AI-related segments and silicon carbide business growth are key focus areas for Coherent.

Coherent Corp surpasses Q1 expectations, focuses on diversification and margin improvement

Coherent Corp's Q1 performance exceeded expectations with strong revenue and EPS figures. The company is focused on diversification, margin improvement, and capitalizing on market opportunities. Challenges include inventory issues in some markets and softer demand in back-end semi and precision manufacturing.

Coherent Corp exceeds Q2 revenue expectations, eyes AI market growth

Coherent Corp's Q2 2024 earnings call highlighted strong financial performance, strategic investments, and a positive outlook on growth prospects. The company is focused on operational efficiency, global integration, and capitalizing on emerging market trends to drive future success.

Coherent Corp reports robust Q4 earnings, eyes growth in datacom

Coherent Corp's Q4 performance reflects strong revenue growth and margin improvements, driven by datacom transceivers for AI deployments. The company's strategic focus on innovation, market positioning, and shareholder value creation sets a positive trajectory for future growth. Challenges in optimizing margins and navigating market trends exist, but opportunities in operational efficiency and market expansion are key focus areas for fiscal 2025.

Coherent Corp reports robust Q1 earnings driven by datacom growth

Coherent Corp's Q1 2025 performance reflects a strategic focus on driving revenue growth, enhancing profitability, and optimizing operational efficiency. The company faces challenges in industrial markets but has opportunities to leverage its strengths in datacom and telecom segments for future growth.

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Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials, opto-electronic components and devices, and lasers for use in the industrial, communications, electronics, and instrumentation markets. It operates through the following segments: Networking, Materials, and Lasers. The Networking segment leverages compound semiconductor technology platforms and deep knowledge of end-user applications. The Materials segment markets engineered materials and optoelectronic devices. The Lasers segment serves industrial customers in semiconductor capital equipment, display capital equipment, precision manufacturing, and aerospace and defense, as well as instrumentation customers in life sciences and scientific research. The company was founded by Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

II-VI Incorporated

Shares of Coherent Inc. rallied 5.1% in premarket trading Thursday, after the laser technology company received yet another higher buyout bid from II-VI Inc. , which Coherent determined is "superior" to the agreed upon bid from Lumentum Holdings Inc. . Under terms of the new II-VI bid, Coherent shareholders would receive $220 in cash and 0.91 II-VI shares for each Coherent share they own.

Coherent's stock rallies after it receives yet another 'superior' buyout bid from II-VI

Lumentum Holdings

SAN JOSE, Calif., March 18, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors' determination that an unsolicited acquisition proposal from II–VI Incorporated (NASDAQ: IIVI) ("II-VI") to acquire Coherent in a cash and stock transaction constitutes a "Company Superior Proposal" as defined in the previously announced amended definitive merger agreement with Lumentum entered into on March 9, 2021 and Coherent's intention to terminate such merger agreement.

Lumentum Comments on Notification from Coherent of a Company Superior Proposal

SANTA CLARA, Calif., March 18, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today confirmed receipt of a revised acquisition proposal from II-VI Incorporated (NASDAQ: IIVI).

Coherent Board Confirms Receipt of Revised II-VI Acquisition Proposal

Shares of Coherent Inc. shot up 9.8% in premarket trading Wednesday, after the Lumentum Holdings Inc. said it increased its buyout bid for the laser technology company, in response to a bid from II-VI Inc. that Coherent had determined was "superior" to the previous agreed-on deal with Lumentum. Lumentum's stock fell 1.0% and II-VI shares slipped 0.2% ahead of the open.

Coherent shares shoot up after Lumentum increases buyout bid to $6.9 billion

SANTA CLARA, Calif., March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultation with its financial and legal advisors, has determined that a revised acquisition proposal Coherent received from II-VI Incorporated (NASDAQ: IIVI) on March 11, 2021 constitutes a "Company Superior Proposal" under the terms of Coherent's pending revised merger agreement with Lumentum Holdings Inc. (NASDAQ: LITE) dated March 10, 2021.

Coherent Board Determines New II-VI Proposal Is Superior to Amended Lumentum Merger Agreement

Cantel Medical

Lionheart Holdings

Pandion Therapeutics Holdco LLC

Perspecta Inc

NEW YORK, March 11, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cantel Medical Corp. (NYSE: CMD) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to STERIS plc for approximately $16.93 in cash and 0.33787 STERIS ordinary shares for each Cantel common share. If you are a Cantel shareholder, click here to learn more about your rights and options.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates CMD, COHR, PRSP, CUB, PAND; Shareholders are Encouraged to Contact the Firm

Shares of Coherent Inc. rose 1.8% in premarket trading Wednesday, after the laser technology company announced an amended buyout agreement with Lumentum Holdings Inc. , in which the value of the cash-and-stock deal increases to $6.6 billion from about $5.7 billion. The revised terms comes after II-VI Inc.'s unsolicited bid, valued at about $6.4 billion, or $260 a share, was deemed by Coherent earlier this week to be "superior" to the original deal with Lumentum.

Coherent's stock gains after agreeing on increased buyout deal with Lumentum

SANTA CLARA, Calif., March 10, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has entered into a revised merger agreement with Lumentum Holdings Inc. (NASDAQ: LITE).

Coherent Signs Revised Merger Agreement with Lumentum

Lumentum Holdings Inc. said Monday it received notice from laser technology company Coherent Inc. , which Lumentum has entered into an agreement to acquire, that the unsolicited buyout bid it received from II-VI Inc. was "superior." Lumentum said it will review the II-VI bid, and will have four days to match the rival bid.

Lumentum has 4 days to match II-VI's rival buyout bid for Coherent

SANTA CLARA, Calif., March 8, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that the company's board of directors, in consultation with its financial and legal advisors, has unanimously determined that a revised acquisition proposal Coherent received from...

Coherent Board Determines Revised II-VI Proposal Is Superior To Lumentum Merger Agreement

Atea Pharmaceuticals

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Diamondback Energy

Sleep Number

As the Nasdaq eroded all the gains made this year and turned red due to the tech sell-off, there are still some stocks that have gained more than 50% so far this year.

Nasdaq Turns Red YTD: 5 Top-Ranked Stocks Up More Than 50%

Applied Materials

Amkor Technology

Sanmina-SCI

Synaptics

We have narrowed down our search to five Nasdaq Composite listed technology stocks with strong potential in 2021. These are: AMAT, AMKR, COHR, SANM and SYNA.

Top 5 Nasdaq Tech Stocks Flying High Amid Index's Turmoil

As of late, it has definitely been a great time to be an investor in Coherent (COHR).

Coherent's (COHR) Shares March Higher, Can It Continue?

Coherent Inc. stock is up more than 50% since the beginning of 2020, and at the current price around $252 per share, we believe that Coherent Inc. stock has around 20% potential downside. Why is that?

Up 3x From Its Covid Low, Coherent Inc. Stock Overpriced?

Aerojet Rocketdyne Holdings

Lockheed Martin

RealPage

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16th Floor...

SHAREHOLDER ALERT: WeissLaw LLP Reminds AJRD, RP, NTWN and COHR Shareholders About Its Ongoing Investigations

New York, New York--(Newsfile Corp. - February 23, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Coherent, Inc. ("Coherent" or the "Company") (NASDAQ: COHR) stock prior to February 8, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investiga

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Coherent, Inc. to Lumentum Holdings Inc.

MKS Instruments

The stock price of Coherent Inc., a laser equipment and components manufacturer, has seen a solid 30% rise over the last ten trading days, while it's up 14% over the last five trading days, and going by the historical data, the stock may correct going forward. The rise can largely be attributed to.

What's Next For Coherent Stock After MKS Instruments' Acquisition Bid?

SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that its board of directors has determined to engage in discussions with II-VI Incorporated (NASDAQ: IIVI) in response to its unsolicited proposal to acquire Coherent in a transaction where...

Coherent To Engage In Discussions With II-VI

The laser technology specialist has become an in-demand acquisition target.

Coherent Stock Surges Again as II-VI Offers Buyout at $260 Per Share

Illumina

Even as markets took a pause, there's still plenty of action in individual stock names.

Why These 2 Hot Nasdaq Stocks Are Soaring Friday

Coherent stock surged as much as 16% on Friday after the electronic-components maker II-VI Incorporated offered $260 per share for the company in a buyout bid. Coherent had already been the target of multiple buyout offers prior to II-VI's proposal. First, there was a $226 per share offer from the San Jose, California-based Lumentum, and then just last week MKS Instruments offered roughly $240 per share for the company.

Coherent surges 16% after electronic-components maker II-VI Incorporated offers $260 a share in buyout bid

II-VI Incorporated (NASDAQ: IIVI) has made an offer to acquire Coherent, Inc. (NASDAQ: COHR) for a purchase price of $260 per share. The purchase price signifies a premium of 15% to Coherent's last closing price.

II-VI Offers To Acquire Coherent For $260 Per Share

SANTA CLARA, Calif., Feb. 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that it has received an unsolicited acquisition proposal from II–VI Incorporated (NASDAQ: IIVI) ("II-VI") to acquire Coherent in a cash and stock transaction. Under the terms of...

Coherent Confirms Receipt Of Unsolicited Proposal From II-VI Incorporated

Shares of Coherent Inc. soared 14.2% toward a 3-year high in premarket trading Friday, after II-VI Inc. made a $260-a-share cash-and-stock buyout bid for the laser technology company. With 24.45 million shares outstanding as of Feb. 8, the bid values Coherent at about $6.36 billion.

Coherent stock soars after II-VI makes $260-a-share buyout bid, topping bids from MKS and Lumentum

Shares of Coherent Inc. soared 16.4% toward a 3-year high in premarket trading Friday, after The Wall Street Journal reported that II-VI Inc. is planning to make a roughly $6.5 billion buyout bid for the laser technology company. II-VI is planning a cash-and-stock bid of $260 a share, as soon as Friday, the WSJ report said, citing people familiar with the matter.

News for Coherent Corp Stock (COHR)