Coherent, Inc. (COHR) Tops Q4 EPS by 13c, Beats on Revenue; Offers Q1 Guidance
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Coherent Corp. Reports First Quarter Fiscal 2025 Results
November 6, 2024 4:25 PM ESTQ1 REVENUE OF $1.35B, INCREASED 28% Y/YQ1 GAAP GROSS MARGIN OF 34.1%, INCREASED 499 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 37.7%, INCREASED 293 bps Y/YQ1 GAAP EPS OF ($0.04), IMPROVED 94% Y/Y; Q1 NON-GAAP EPS OF $0.74, IMPROVED 357% Y/Y
PITTSBURGH, Nov. 06, 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 first quarter ended September 30, 2024.
Revenue for the first quarter of fiscal 2025 was $1.35 billion, with GAAP gross margin of 34.1% and GAAP net... More
