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.

Coherent will premiere its 100ZR transceiver enabled by the internally developed Steelerton™ digital signal processor (DSP), the first purpose-built DSP for 100ZR applications, optimized for the lowest power dissipation and smallest size Coherent will premiere its 100ZR transceiver enabled by the internally developed Steelerton™ digital signal processor (DSP), the first purpose-built DSP for 100ZR applications, optimized for the lowest power dissipation and smallest size

Coherent to Showcase Award-Winning 100G and 400G Coherent Transceivers at OFC 2023

PITTSBURGH, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in datacom transceiver components, today announced the introduction of its 100G PAM4 vertical-cavity surface-emitting laser (VCSEL) and photodiode (PD) arrays for 800G short-reach datacom pluggable transceivers and active optical cables (AOCs.)

Coherent Introduces 100G PAM4 VCSEL and Photodiode Arrays for 800G Transceivers and Active Optical Cables

PITTSBURGH, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will present at the following upcoming investor conference:

Coherent to Present at the Susquehanna 12th Annual Technology Conference

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Michael Burry, the famed investor covered in Michael Lewis' book, “The Big Short,” and portrayed by Christian Bale in a 2015 movie of the same name, released the fourth-quarter 2022 equity portfolio for Scion Asset Management earlier this month.

Michael Burry's Top Buys of the 4th Quarter

Coherent Corp. Announces the Completion of the Transfer of Common Stock and Series A Mandatory Convertible Preferred Stock Listings to the New York Stock Exchange Coherent Corp. Announces the Completion of the Transfer of Common Stock and Series A Mandatory Convertible Preferred Stock Listings to the New York Stock Exchange

Coherent Corp. Began Trading on the NYSE

PITTSBURGH, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will webcast an analyst briefing on Wednesday, March 8, at 11:00 a.m. ET. The briefing will focus on the company's exciting prospects in the optical communications market. The presentation will be followed by a question and answer session.

Coherent to Webcast an Analyst Briefing on March 8, 2023

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After predicting the housing collapse prior to the Great Recession, Michael Burry is an investor held in very high esteem.

56% of Michael Burry's $47 Million Portfolio Is Invested in Just 3 Stocks

PITTSBURGH, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in datacom transceiver components, today announced the introduction of its 1300 nm high-power continuous wave (CW) distributed feedback (DFB) laser diodes for silicon photonics-based datacom pluggable transceivers.

Coherent Introduces 1300 nm High-Power DFB Lasers for Silicon Photonics-Based Transceivers

PITTSBURGH, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leading provider of test and measurement instruments for optical communications technology, today announced the introduction of its WaveShaper and WaveAnalyzer product platforms for operation across the super C-band.

Coherent Introduces WaveShaper and WaveAnalyzer for Operation Across the Super C-Band

COHR has rallied 57% from its bottom and could set up a new strong uptrend, while it is now facing its most important overhead resistance. The relevant industry has been resilient during the last sell-off, and despite a moment of slowdown, could head for more strength.

Coherent: It Is Moment Of Truth (Technical Analysis)

Michael Burry gained fame for correctly predicting the crash in the housing market during the great financial crisis.

65.06% of Michael Burry's Portfolio Is in These 4 Stocks

PITTSBURGH, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, today announced the company has been named a 2023 Top-Rated ESG Company by Sustainalytics, an independent research, ratings, and analytics firm that reports on environmental, social, and governance (ESG) performance to institutional investors and companies.

Coherent Honored As a Top-Rated ESG Company By Sustainalytics

PITTSBURGH, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in optical communications technology, today announced the introduction of its ultra-wideband telemetry module, or optical channel monitor (UWB-OCM), specifically designed for next-generation C+L-band optical transport systems.

Coherent Introduces Ultra-Wideband Telemetry Module for Embedded Performance Monitoring in C+L-Band Optical Transport Systems

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On Jan. 31, hedge fund manager Michael Burry tweeted out a single word that conveyed an ominous and cryptic message: “Sell.” Shortly after, the Scion Asset Management founder deleted his tweet.

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PITTSBURGH, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in optical communications and sensing technology, today announced the introduction of a portfolio of smaller ultracompact components that enable optical amplifiers embedded in next-generation high-speed telecom transceivers and in LiDAR subsystems.

Coherent Introduces Portfolio of Smaller Ultracompact Components for Optical Amplifiers Embedded in Telecom Transceivers and LiDAR Subsystems

PITTSBURGH, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in pump laser technology for erbium-doped fiber amplifiers (EDFAs) deployed in optical networks, today announced the industry's first dual-chip pump laser module with up to 1000 mW of output power per fiber in a 10-pin butterfly package.

Coherent Introduces 2x1000 mW Dual-Chip Pump Laser Module for Optical Amplification in Optical Networks

Coherent Corp. (NASDAQ:COHR ) Q2 2023 Earnings Conference Call February 8, 2023 9:00 AM ET Company Participants Mary Jane Raymond - Chief Financial Officer Chuck Mattera - Chairman and Chief Executive Officer Mark Sobey - President of Laser Segment Giovanni Barbarossa - Chief Strategy Officer and President of Materials Segment Conference Call Participants Ananda Baruah - Loop Capital Simon Leopold - Raymond James James Ricchiuti - Needham Dave Kang - B. Riley Samik Chatterjee - JPMorgan Mark Miller - The Benchmark Company Jed Dorsheimer - William Blair Richard Shannon - Craig-Hallum Tim Savageaux - Northland Capital Markets Paul Silverstein - Cowen Vivek Arya - Bank of America Meta Marshall - Morgan Stanley Tom O'Malley - Barclays Ruben Roy - Stifel Mike Genovese - Rosenblatt Operator Good day, and thank you for standing by.

Coherent Corp. (COHR) Q2 2023 Earnings Call Transcript

PITTSBURGH, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, today announced that three of its products were recognized among the best by the 2023 Lightwave Innovation Reviews.

Coherent Honored by Lightwave Innovation Reviews for Three Industry-Leading Products

Coherent (COHR) delivered earnings and revenue surprises of 2.15% and 0.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Coherent (COHR) Tops Q2 Earnings Estimates

PITTSBURGH, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq:COHR) (“Coherent,” “We” or the “Company”) today reported results for its fiscal 2023 second quarter ended December 31, 2022.

Coherent Corp. Reports Fiscal 2023 Second Quarter Results

COHERENT CORP. ANNOUNCES TRANSFER OF COMMON STOCK AND SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK LISTINGS TO THE NEW YORK STOCK EXCHANGE COHERENT CORP. ANNOUNCES TRANSFER OF COMMON STOCK AND SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK LISTINGS TO THE NEW YORK STOCK EXCHANGE

Coherent Corp. Moves to the NYSE

PITTSBURGH, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in laser processing systems, today announced the introduction of its AP 530 S, a fully automated laser system for texturing and marking implantable medical devices.

Coherent Introduces Fully Automated Laser Processing System for Implantable Medical Devices

Coherent (COHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Coherent (COHR) Earnings Expected to Grow: Should You Buy?

PITTSBURGH, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold a conference call on Wednesday, Feb. 8, 2023, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO, and Mary Jane Raymond, Chief Financial Officer. Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Materials Segment, and Dr. Mark Sobey, President, Lasers Segment, will participate in the question and answer session.

Coherent to Host FY 2023 Second-Quarter Conference Call

PITTSBURGH, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, announced today that it will exhibit industry-leading products and capabilities at SPIE Photonics West, Jan. 31-Feb. 2 at the Moscone Center in San Francisco, Booth #4805 (Hall D, Exhibit Level), and at BiOS Expo Jan. 28-29, part of Photonics West, in Booth #8320 (Hall F, Exhibit Level North). Coherent will showcase its broad portfolio of products and technology innovations that are enabling a wide range of applications in industrial, communications, electronics, and instrumentation markets. Coherent thought leaders will present at industry events, workshops, and technical sessions.

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