Photonics company Coherent (COHR -19.52%) wasn't a bright light on the stock exchange Thursday. Despite delivering a second quarter that (slightly) beat analyst estimates, factors such as growth deceleration in a key business segment raised some concern.
Coherent Corp.'s stock dropped 21% despite a double-beat quarter, as beats were too minor and largely in line guidance failed to justify its premium valuation. Networking is the only growth driver, now 60% of revenue, but reliance on this segment increases risk and reduces diversification. Similar to Nvidia, Coherent had previously priced in major beats.
Coherent Corp.'s Q4 beat expectations, but conservative guidance and a GAAP loss triggered a sharp stock drop. Management expects 23% revenue growth and 191% non-GAAP EPS increase in fiscal 2025, driven by AI datacenters and new product ramps. Discussion on cost structure improvements, debt reduction, and production advances position Coherent for margin expansion.
Shares of semiconductor manufacturer Coherent (NYSE: COHR) fell more than 22% on Thursday after the company's fiscal fourth-quarter non-GAAP operating margin came in at 18.0%, narrowly missing the FactSet consensus estimate of 18.2%. The drop came despite the firm posting revenue and earnings per share ahead of market expectations.
Coherent Corp. (NYSE:COHR ) Q2 2025 Earnings Conference Call August 13, 2025 5:00 PM ET Company Participants James Robert Anderson - CEO, President & Employee Director Paul Jonas Silverstein - Vice President of Investor Relations Sherri R. Luther - Treasurer & CFO Conference Call Participants Christopher Adam Jackson Rolland - Susquehanna Financial Group, LLLP, Research Division George Charles ...
SAXONBURG, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, announced financial results today for the fiscal fourth quarter and full year fiscal 2025 ended June 30, 2025.
SAXONBURG, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, today announced that it has entered into a definitive agreement to sell its Aerospace and Defense business to Advent, a leading global private equity investor, for $400 million. Proceeds will be used to reduce debt, which will be immediately accretive...
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