COHR Stock Recent News

Stronger-than-expected earnings, fast growth in another unit and a bullish report on a new product powered gains in Coherent Corp.'s stock on Tuesday.

Although the revenue and EPS for Coherent (COHR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

From a technical perspective, Coherent (COHR) is looking like an interesting pick, as it just reached a key level of support. COHR recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

PITTSBURGH, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended December 31, 2023, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, February 5. Coherent's management will host a conference call to discuss these results on Tuesday, February 6, at 8:00 a.m. ET.

Coherent (COHR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Coherent (COHR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

PITTSBURGH, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold an Industrial Market Overview webcast for investors, equity analysts, and the public on Thursday, December 14, 2023, at 10:00 a.m. ET.

Coherent, through Finisar, has been the leading manufacturer of optical network transceivers for the past 22 years used in AI-related datacom applications. Coherent has a leading position in Silicon Carbide wafer production used to make advanced chips for the EV automobile market. Coherent's position in AI-related Datacom 200+G transceivers and silicon carbide are two of the strongest growing sectors in the marketplace, overcoming exposure to cyclical markets.

PITTSBURGH, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended September 30, 2023, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, November 6. Coherent's management will host a conference call to discuss these results on Tuesday, November 7, at 8:00 a.m. ET.

Coherent: Temporary Economic Challenges With A Long-Term Growth Outlook