Inactive Instrument

Coherent, Inc.

COHR

US1924791031

Coherent, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 02, 2022

May 11, 2022 at 04:10 pm EDT

Coherent, Inc. reported earnings results for the second quarter and six months ended April 02, 2022. For the second quarter, the company reported sales was USD 370.2 million compared to USD 373.98 million a year ago. Net income was USD 33.68 million compared to net loss of USD 158.22 million a year ago. Basic earnings per share from continuing operations was USD 1.36 compared to basic loss per share from continuing operations of USD 6.49 a year ago. Diluted earnings per share from continuing operations was USD 1.35 compared to diluted loss per share from continuing operations of USD 6.49 a year ago.
For the six months, sales was USD 754.71 million compared to USD 700.04 million a year ago. Net income was USD 63.94 million compared to net loss of USD 158.07 million a year ago. Basic earnings per share from continuing operations was USD 2.6 compared to basic loss per share from continuing operations of USD 6.5 a year ago. Diluted earnings per share from continuing operations was USD 2.57 compared to diluted loss per share from continuing operations of USD 6.5 a year ago.

Latest news about Coherent, Inc.

Coherent and Kinetic Extend Partnership to Enable 100G Services Leveraging the Industry's First 100G Qsfp28 0 Dbm Dco Transceiver	23-09-27	CI
Coherent Introduces Powerline Fl Series of Cost-Effective Laser Subsystems for Precision Welding and Cutting	23-06-15	CI
Coherent Introduces New Ph20 Smartweld+ Laser Processing Heads for Precision Welding At High Speeds in EV Applications	23-06-14	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P TMI Index	22-07-05	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P 400 Information Technology	22-07-05	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P Technology Hardware Select Industry Index	22-07-05	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P 400	22-07-05	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P Composite 1500	22-07-05	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P 1000	22-07-05	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from NASDAQ Composite Index	22-07-04	CI
Coherent, Inc.(NasdaqGS:COHR) dropped from S&P Global BMI Index	22-07-04	CI
II-VI Completes Acquisition of Coherent, Combined Company to Be Named Coherent	22-07-01	MT
Coherent, Inc. Announces Cessation of Directors	22-07-01	CI
II-VI Incorporated completed the acquisition of Coherent, Inc..	22-06-30	CI
II-VI, Coherent Merger Deal Set for Completion After China Antitrust Regulator Grants Clearance	22-06-28	MT
II-VI gets Chinese regulatory nod for Coherent deal	22-06-28	RE
II-VI to Acquire Coherent	22-06-28	MT
Coherent, Inc.(NasdaqGS:COHR) added to Russell 1000 Defensive Index	22-06-24	CI
Coherent, Inc.(NasdaqGS:COHR) added to Russell 1000 Value-Defensive Index	22-06-24	CI
Coherent, Inc.(NasdaqGS:COHR) added to Russell 1000 Growth-Defensive Index	22-06-24	CI
Earnings Flash (COHR) COHERENT Reports Q2 EPS $1.70	22-05-11	MT
Earnings Flash (COHR) COHERENT Posts Q2 Revenue $370.2M	22-05-11	MT
Coherent, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 02, 2022	22-05-11	CI
Coherent's Cloud-Based Logic Engine Now Available in AWS Marketplace	22-03-24	CI
Coherent Fiscal Q1 Adjusted EPS, Revenue Higher	22-02-09	MT

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Company Profile

Coherent, Inc. is a provider of laser solutions and optics for microelectronics, life sciences, industrial manufacturing, scientific and aerospace and defense markets. The Company's segments include OEM Laser Sources (OLS) and Industrial Lasers & Systems (ILS). The OLS business segment is focused on laser sources and complex optical sub-systems, which are used in microelectronics manufacturing, medical diagnostics and therapeutic applications, as well as in scientific research. Its ILS business segment delivers laser sources, sub-systems and machine tools primarily used for industrial laser materials processing, serving important end markets like automotive, machine tools, consumer goods and medical device manufacturing as well as applications in aerospace and defense. Its products include diode laser modules, laser welding, diode laser components, and processing heads, fiber sensor components, holographic grating filters, isolators and rotators, and laser marking and engraving.

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