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, 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

Lightwave Logic

High-Speed Interconnect market is about to take off. Leading innovators include Ayar Labs, Avicena, and Kandou.

High-Speed Interconnect Opportunity

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.

Coherent Wins ECOC 2022 Award for Optical Integration With 400G ZR+ QSFP-DD-DCO Transceiver

II-VI Incorporated

PITTSBURGH, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), the world's leading supplier of components and modules for optical communications, today announced that it is exhibiting at ECOC 2022 in Basel, Switzerland, Sept. 19-21, booth #1.

Coherent Thought Leaders to Present at ECOC 2022 and Showcase New Products With Live Technology Demonstrations

Semtech

BASEL, Switzerland--(BUSINESS WIRE)--Collaboration accelerates 200G per lane deployment in power efficient and highly integrated optical solutions for data center applications

Semtech and Coherent Showcase 200G per Lane Laser Driver with 200G EML Optics at ECOC 2022

PITTSBURGH, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in optical communications technology, today announced the introduction of its ultrahigh-resolution telemetry module, or optical channel monitor (UHR-OCM), for embedded performance monitoring in optical transport systems transmitting at up to 800G and beyond.

Coherent Introduces Ultrahigh-Resolution Telemetry Module for Embedded Performance Monitoring in 800G Optical Transport Systems

PITTSBURGH, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in optical communications components and subsystems, today announced the introduction of its 200 Gbps indium phosphide (InP) electro-absorption modulated lasers (EMLs) for high-speed datacenter transceivers.

Coherent Introduces 200G Indium Phosphide Electro-Absorption Modulated Lasers for High-Speed Datacenter Transceivers

PITTSBURGH, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in pump laser technology for optical networks, today announced the introduction of its I-Temp micro-pump lasers for extended ambient temperature operation in broadband optical access networks.

Coherent Introduces I-Temp Micro-Pump Lasers for Extended Temperature Operation in Broadband Optical Access Networks

PITTSBURGH, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in photonics for communications and aerospace & defense, today announced that it has won a Defense Advanced Research Projects Agency (DARPA) contract to develop coherent optical transceiver technology for the agency's Space-Based Adaptive Communications Node (Space-BACN) program. The aim of Space-BACN is to create low-cost, high-speed, reconfigurable, laser-based data links that will enable communications between various government and private-sector low-Earth-orbit (LEO) satellite constellations.

Coherent Awarded Contract to Develop Optical Transceivers for the DARPA Space-BACN Program

PITTSBURGH, Sept. 08, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced a corporate name change to Coherent Corp. (Nasdaq: COHR) and a new brand identity, following the successful completion of II-VI's acquisition of Coherent, Inc., on July 1, 2022.

II-VI Changes Name to Coherent and Launches New Brand Identity

Coherent Inc. (NASDAQ: COHR) stock price jumped more than 2.5x from $106 in 2018 end, to around $266 currently, primarily due to favorable changes in its P/S multiple.

Despite A Drop In Sales, Coherent Stock Has Managed To Strongly Outperform The S&P 500

Coherent (COHR) delivered earnings and revenue surprises of -18.27% and 4.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Coherent (COHR) Lags Q2 Earnings and Revenue Estimates

Buy Coherent Before The Merger

Coherent (COHR) delivered earnings and revenue surprises of 38.92% and 5.50%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Coherent (COHR) Q1 Earnings Beat Estimates

SANTA CLARA, Calif., Feb. 9, 2022 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its first fiscal quarter ended January 1, 2022.

Coherent, Inc. Reports First Fiscal Quarter Results

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) to Report Q1 Results: Wall Street Expects Earnings Growth

Coherent (COHR) delivered earnings and revenue surprises of -5.85% and -5.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Coherent (COHR) Lags Q4 Earnings and Revenue Estimates

SANTA CLARA, Calif., Nov. 9, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its fourth fiscal quarter and fiscal year ended October 2, 2021.

Coherent, Inc. Reports Fourth Fiscal Quarter and Year-End Results

Barclays analyst Tom O'Malley downgraded II-VI Inc (NASDAQ:IIVI) to Underweight from Equal Weight with a price target of $56, down from $65. The analyst believes II-VI shares will continue to be an underperformer saying 3D sensing "is now a headwind," and its core business is a low single-digit grower.

News for Coherent Corp Stock (COHR)