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Coherent Q4 2023 Earnings Report

Coherent logo
$97.67 +1.49 (+1.55%)
(As of 12/20/2024 05:31 PM ET)

Coherent EPS Results

Actual EPS
$0.26
Consensus EPS
$0.20
Beat/Miss
Beat by +$0.06
One Year Ago EPS
N/A

Coherent Revenue Results

Actual Revenue
$1.21 billion
Expected Revenue
$1.15 billion
Beat/Miss
Beat by +$54.11 million
YoY Revenue Growth
N/A

Coherent Announcement Details

Quarter
Q4 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Coherent Earnings Headlines

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About Coherent

Coherent (NYSE:COHR) develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers telecommunication products for fiber-optic transmission; datacom transceivers, including pluggable transceivers for ethernet and fiber channel applications; and advanced optics, such as fiber and precision optics used in projection displays, crystal materials and components for optical communications, filters and assemblies for life sciences, sensors, instrumentation, and semiconductor equipment, as well as ultraviolet (UV), visible, and near-infrared spectroscopy optics for industrial lasers. The Materials segments provides laser optics and accessories; infrared thermal imaging optics and assemblies; polycrystalline materials; thermoelectric components, subassemblies, and systems; ceramic and metal-matrix composite products; semiconductor lasers and laser bars; Q-switched laser modules, uncooled pump laser modules, and laser systems for superhard materials processing; laser processing heads and beam delivery systems; EELs, VCSELs, and detectors; pumps for amplifiers; precision optical assemblies, infrared optics, thin-film coatings and optical materials; optical solutions; and integrated circuits for transceivers. The Lasers segment offers UV gas and solid-state lasers; UV optical systems, line beams, and mask-based imaging systems; UV nanosecond lasers; continuous-wave lasers and systems; amplifiers; subsystems and standard systems; IR lasers; crystals and diode lasers, and specialty polishing and coating solutions. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.

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