COHR Stock Recent News

PITTSBURGH, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced new additions to its optical communications test portfolio with the launch of new high-port-count instruments in the WaveShaper family and enhanced offerings in the WaveMaker family. These new products include the WaveShaper® 32000B and 32002B reconfigurable optical processors, now available in Super-C and Super-C plus Super-L band configurations, and the WaveMaker® 500A programmable optical spectrum generator designed specifically for Super-C band applications.

PITTSBURGH, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the launch of new high-efficiency continuous wave (CW) distributed feedback (DFB) lasers. Specifically engineered for silicon photonics transceiver modules, this innovative laser family represents a leap forward in indium phosphide (InP) laser technology.

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Coherent Corp., sometimes described as a hidden gem in AI, slightly beat fiscal Q4 2024 earnings. The Q1 2025 outlook essentially met expectations. Investors are focusing on more powerful datacom transceivers needed for cloud, AI, and similar applications as growth drivers.

Coherent Corp. COHR reported upbeat earnings for its fourth quarter on Thursday.

Coherent Corp. (NYSE:COHR ) Q4 2024 Earnings Conference Call August 15, 2024 5:00 PM ET Company Participants Paul Silverstein - SVP, IR and Corporate Communications Jim Anderson - CEO Richard Martucci - Interim CFO Conference Call Participants Samik Chatterjee - JPMorgan Jeff Koche - Raymond James Tom O'Malley - Barclays Meta Marshall - Morgan Stanley Karl Ackerman - BNP Paribas Vivek Arya - Bank of America Papa Sylla - Citi Ruben Roy - Stifel Jack Egan - Charter Equity Research Ananda Baruah - Loop Capital Operator Good day, and thank you for standing by. Welcome to the Coherent Corp. FY '24 Fourth Quarter Earnings Conference Call.

The headline numbers for Coherent (COHR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Coherent (COHR) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.41 per share a year ago.

PITTSBURGH, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal fourth quarter and full year ended June 30, 2024.

Beyond analysts' top -and-bottom-line estimates for Coherent (COHR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.