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.

Earnings data Q1 2021

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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.

PITTSBURGH, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, announced today that the company will webcast an analyst briefing on Wednesday, Feb. 1, at 11:00 a.m. ET. The briefing will focus on the company's exciting prospects in the display manufacturing and life sciences markets. The presentation will be followed by a question and answer session.

Coherent to Webcast an Analyst Briefing on Feb. 1, 2023

PITTSBURGH, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in industrial lasers for materials processing, today announced that it introduced its new HyperRapid NXT industrial picosecond laser, with 10 W of average output power in the deep-ultraviolet (DUV), that enables ultraprecise edge ablation around OLED displays.

Coherent Introduces 266 nm HyperRapid NXT Picosecond Laser for Ultraprecise Machining of OLED Displays

PITTSBURGH, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in industrial lasers for materials processing, today announced that it introduced a new Monaco infrared industrial femtosecond laser configuration with 150 W of output power that is ideal for cutting of large OLED display glass.

Coherent Introduces 150 W Monaco Laser for Large OLED Display Glass Cutting

PITTSBURGH, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in high-power semiconductor lasers, today announced the introduction of its next-generation pump laser diodes that achieve an industry-record high output power of 50 W from a single chip.

Coherent Introduces the Industry's First Commercially Available 50 W Pump Laser Diodes for Fiber Lasers

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Sales growth is vital for the survival of a business, even during an economic slowdown. Conagra Brands (CAG), Signet Jewelers (SIG), CMS Energy (CMS) and Coherent (COHR) are recording top-line growth.

4 Stocks With Robust Sales Growth for Assured Returns in 2023

PITTSBURGH, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, today announced that Dr. Beck Mason has joined the company as Executive Vice President, Telecommunications. Dr. Mason will lead the Telecommunications Business Unit within the Networking Segment.

Coherent Appoints Dr. Beck Mason as Executive VP, Telecommunications

The mean of analysts' price targets for Coherent (COHR) points to a 44.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Coherent (COHR) Have the Potential to Rally 44.58% as Wall Street Analysts Expect?

PITTSBURGH, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in semiconductor lasers, today announced the introduction of its 905 nm triple-junction edge-emitting semiconductor lasers for light detection and ranging (LiDAR) in industrial applications.

Coherent Introduces 905 nm Pulsed Triple-Junction Edge-Emitting Lasers for Industrial LiDAR

PITTSBURGH, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in industrial laser optics, today announced that it introduced a product line of diffractive optical elements (DOEs) for high-power industrial lasers.

Coherent Introduces Diffractive Optical Elements for High-Power Industrial Lasers

PITTSBURGH, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: 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 25th Annual Needham Growth Conference

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PITTSBURGH, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, has earned a Supplier Excellence Award from Applied Materials, Inc., the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world.

Coherent Receives Supplier Excellence Award From Applied Materials

Coherent's supply partnership with Infineon Technologies is reinforcing its role as a Silicon Carbide (SiC) wafers leader. Infineon has inked deals to supply SiC chips to Stellantis, Hyundai, VW, and Tesla made on Coherent's SiC wafers.

Coherent: Gaining Momentum In Silicon Carbide From Partnership With Infineon

PITTSBURGH, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, today announced that it has signed a memorandum of understanding with two Korean institutions, the Electronics and Telecommunications Research Institute (ETRI) and the Korea Advanced Institute of Science & Technology (KAIST), to foster collaboration on advanced electronic and photonic devices, with a focus on the Korean market.

Coherent Partners With ETRI and KAIST to Focus on Advanced Semiconductor Devices for the Korean Market

PITTSBURGH, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the following upcoming investor conference:

Coherent to Present at the Nasdaq 47th Investor Conference

Investors need to pay close attention to Coherent Corp (COHR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Coherent Corp (COHR) Stock?

PITTSBURGH, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the following upcoming investor conference:

Coherent to Present at the 2022 Raymond James Technology Investors Conference

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Coherent Corp. (NASDAQ:COHR ) Q1 2023 Results Conference Call November 9, 2022 9:00 AM ET Company Participants Mary Jane Raymond - Chief Financial Officer Dr. Chuck Mattera - Chairman and Chief Executive Officer Dr. Giovanni Barbarossa - Chief Strategy Officer & President, Materials Segment Dr. Mark Sobey - President, Lasers Segment Conference Call Participants Ananda Baruah - Loop Capital Paul Silverstein - Cowen Dave Kang - B. Riley Mark Miller - Benchmark Simon Leopold - Raymond James James Ricchiuti - Needham Samik Chatterjee - JPMorgan Vivek Arya - Bank of America Sidney Ho - Deutsche Bank Richard Shannon - Craig-Hallum Tim Savageaux - Northland Capital Markets Meta Marshall - Morgan Stanley Tom O'Malley - Barclays Operator Ladies and gentlemen, thank you for standing by, and welcome to the Coherent Corp. FY '23 First Quarter Earnings Call.

Coherent Corp. (COHR) Q1 2023 Earnings Call Transcript

Coherent stock may not look cheap right now, but just wait until you see what 2023 has in store.

Why Coherent Stock Lit Up 12% on Wednesday

Coherent (COHR) delivered earnings and revenue surprises of 25.30% and 0.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Coherent (COHR) Q1 Earnings Surpass Estimates

PITTSBURGH, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq:COHR) (“Coherent,” “We” or the “Company”) today reported results for its fiscal 2023 first quarter ended September 30, 2022.

Coherent Corp. Reports Fiscal 2023 First Quarter Results

Investors need to pay close attention to Coherent Corp. (COHR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Coherent Corp. (COHR) Stock?

PITTSBURGH, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will hold a conference call on Wednesday, November 9, 2022, 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.

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