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. 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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COHR vs. WDH: Which Stock Is the Better Value Option?

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.

Coherent Corp. to Host FY 2023 First-Quarter Conference Call

PITTSBURGH, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in advanced laser processing solutions, today announced that it introduced its next-generation flat sheet cutting laser head series with ultrahigh-power ratings reaching 30 kW.

Coherent Introduces 30 kW Laser Cutting Heads

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PITTSBURGH, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in materials, networking, and laser technology, today announced the publication of its Environmental, Social, and Governance (ESG) Report 2022. The report outlines Coherent's approach to enhancing sustainability and the global progress it has made in its commitment to corporate social responsibility. The Coherent ESG Report 2022 is available on the Coherent website here.

Coherent Issues Environmental, Social, and Governance (ESG) Report 2022

PITTSBURGH, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, today announced that Dr. Julie Sheridan Eng, previously Senior VP and General Manager of Optoelectronic Devices and Modules, has become Chief Technology Officer of Coherent.

Coherent Appoints Dr. Julie Sheridan Eng as Chief Technology Officer

Windstream partners with Coherent, Nokia for industry first in 400 Gig networking

PITTSBURGH, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in advanced laser processing solutions, today announced HIGHvision, a machine vision system for laser welding heads, that greatly improves the efficiency of manufacturing electric vehicle (EV) batteries and motors.

Coherent Announces Advanced Industry 4.0 Integration of Laser Welding Head Vision System Enabling a Revolution in EV Battery and Motor Manufacturing

Investors took the latest analyst moves on the company to heart.

Why Coherent Stock Took a Double-Digit Hit This Week

Coherent is seemingly massively undervalued from a fundamental perspective and now likely offers a short-term opportunity. The stock has recently bottomed after a steep and fast sell-off during September, likely being overextended and building some positive momentum.

Coherent: Long And Short-Term Opportunity (Technical Analysis)

PITTSBURGH, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in optical communications transceivers, today announced that its 400G ZR+ QSFP-DD-DCO transceiver has won the 2022 ECOC Exhibition Industry Award for Optical Integration.

News for Coherent Corp Stock (COHR)