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.

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Coherent stock has increased 175% in 12 months. Growth trends in datacom transceivers on AI demand will continue to drive improvements in operating results. CEO Jim Anderson's restructuring plan should pay dividends by delevering the balance sheet.

Coherent: The Future Looks Bright For This AI Growth Play

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PITTSBURGH, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the sale of its manufacturing facility in Newton Aycliffe, County Durham, UK. The sale is part of the company's ongoing efforts to streamline operations and optimize its global footprint.

Coherent Announces Sale of UK Manufacturing Facility Following Strategic Review

PITTSBURGH, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and laser technologies, announced today the launch of its 200 mm silicon carbide epitaxial wafers (SiC epi-wafers). Substrate and epi-wafer shipments from the company at 350 micron and 500 micron thickness are now underway.

Coherent Expands Silicon Carbide 200 mm n-Type Epitaxial Wafer Production

PITTSBURGH, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has won the 2024 ECOC Exhibition Industry Award for Best Product in the Data Center Innovation category for its Datacenter Lightwave Cross-Connect (DLXTM) Optical Circuit Switch.

Coherent Awarded Data Center Innovation/Best Product at ECOC 2024

PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, will participate in multiple panels and workshops at the European Conference on Optical Communications (ECOC) 2024 in Frankfurt, Germany, September 22-24.

Coherent Industry Leaders Speak at ECOC 2024

PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications components and subsystems, announced today that it will showcase its new products and technologies for next-generation optical communications networks at ECOC 2024 exhibition, September 23-25 at the Messe Frankfurt, Booth #A10. Coherent thought leaders will present at panels, technical sessions and workshops.

Coherent to Demonstrate a Broad Portfolio of Innovative Products and Technologies at ECOC 2024

PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications, announced today the demonstration of two advanced transceiver modules at the European Conference on Optical Communication (ECOC) 2024, set to take place in Frankfurt, Germany, September 23-26. These modules, both operating at 200 Gbps per lane, demonstrate the company's commitment to continued leadership and innovation across multiple optical technologies.

Coherent to Demonstrate 1.6T-DR8 and 800G-DR4 Transceivers at ECOC 2024, Showcasing Advanced Multi-Technology Solutions

Coherent (COHR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Coherent (COHR) Soars 6.3%: Is Further Upside Left in the Stock?

Image 1: Coherent AO-xCAO4x series of transmitter and receiver modules. PITTSBURGH, Sept.

Coherent Announces Alpha Availability of Novel Analog Optical Multi-Link Modules

Image 1: 2x400 mW Dual-Chip 980 nm Micro-Pump Laser.

Coherent Unveils Uncooled Dual-Chip 2x400 mW 980 nm Micro-Pump Laser for Ultra-Compact Optical Amplifiers

Image 1: 800G QSFP-DD coherent pluggable transceiver. PITTSBURGH, Sept.

Coherent Announces Industry's First L-Band 800G ZR/ZR+ Pluggable Transceivers

PITTSBURGH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of advanced engineered materials, announced its selection for Phase 3 of the Intelligence Advanced Research Projects Activity (IARPA) RESILIENCE program. The project focuses on the development of high-energy rechargeable lithium-sulfur (Li-S) batteries. This achievement follows the company's successful completion of Phase 2 in June 2024. Coherent is one of only two companies advancing to this critical phase.

Coherent Awarded Phase 3 of IARPA Resilience Program for High-Energy Rechargeable Lithium-Sulfur Batteries

PITTSBURGH, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced new additions to its optical communications test portfolio with the launch of new high-port-count instruments in the WaveShaper family and enhanced offerings in the WaveMaker family. These new products include the WaveShaper® 32000B and 32002B reconfigurable optical processors, now available in Super-C and Super-C plus Super-L band configurations, and the WaveMaker® 500A programmable optical spectrum generator designed specifically for Super-C band applications.

Coherent Expands Optical Communications Test Portfolio with New WaveShaper and WaveMaker Instruments

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This $12 Billion Company Could See Revenues 50X as AI Booms

PITTSBURGH, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the launch of new high-efficiency continuous wave (CW) distributed feedback (DFB) lasers. Specifically engineered for silicon photonics transceiver modules, this innovative laser family represents a leap forward in indium phosphide (InP) laser technology.

Coherent Unveils High-Efficiency Lasers for Silicon Photonics Transceivers

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Coherent Corp., sometimes described as a hidden gem in AI, slightly beat fiscal Q4 2024 earnings. The Q1 2025 outlook essentially met expectations. Investors are focusing on more powerful datacom transceivers needed for cloud, AI, and similar applications as growth drivers.

Coherent Corp. Q4 Earnings: Potential AI Beneficiary Is Priced Accordingly

Coherent Corp. COHR reported upbeat earnings for its fourth quarter on Thursday.

Coherent Analysts Increase Their Forecasts After Upbeat Earnings

Coherent Corp. (NYSE:COHR ) Q4 2024 Earnings Conference Call August 15, 2024 5:00 PM ET Company Participants Paul Silverstein - SVP, IR and Corporate Communications Jim Anderson - CEO Richard Martucci - Interim CFO Conference Call Participants Samik Chatterjee - JPMorgan Jeff Koche - Raymond James Tom O'Malley - Barclays Meta Marshall - Morgan Stanley Karl Ackerman - BNP Paribas Vivek Arya - Bank of America Papa Sylla - Citi Ruben Roy - Stifel Jack Egan - Charter Equity Research Ananda Baruah - Loop Capital Operator Good day, and thank you for standing by. Welcome to the Coherent Corp. FY '24 Fourth Quarter Earnings Conference Call.

Coherent Corp. (COHR) Q4 2024 Earnings Call Transcript

The headline numbers for Coherent (COHR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Coherent (COHR) Q4 Earnings: A Look at Key Metrics

Coherent (COHR) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.41 per share a year ago.

Coherent (COHR) Q4 Earnings and Revenues Top Estimates

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.

News for Coherent Corp Stock (COHR)