Welcome to our dedicated page for Coherent news (Ticker: COHR), a resource for investors and traders seeking the latest updates and insights on Coherent stock.
Coherent Corp. (NYSE: COHR) is a global leader in materials, networking, and lasers, renowned for its innovative contributions across multiple industries. Headquartered in Saxonburg, Pennsylvania, Coherent specializes in engineered materials and optoelectronic components, serving sectors such as industrial, optical communications, military, semiconductor, consumer, and life sciences applications.
Coherent operates through two main segments: Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems, while the Compound Semiconductors Segment is noted for its market leadership in differentiated materials and devices.
Recent achievements include the demonstration of an 800 Gbps coherent transceiver module in QSFP-DD form factor, showcased at OFC 2024. This module features Coherent's 140 Gbaud IC-TROSA optical subassembly, offering high-efficiency indium phosphide modulators and proprietary embedded wavelength-tunable lasers, extending transmission distances up to 1000 km at 800 Gbps.
Additionally, Coherent has been pioneering advancements in VCSEL technology, enabling bandwidth improvements for next-generation optical interconnects. These developments are pivotal for data centers and AI networks, potentially achieving 200 Gbps per lane and optical transceivers with 1.6 Tbps capacity.
Coherent's commitment to innovation is further exemplified by its 6-inch indium phosphide wafer fabrication capability in its U.S. and European fabs, increasing production capacity and reducing die costs for InP optoelectronic devices used in a variety of applications from communications to advanced sensing.
In alignment with its ongoing innovation, Coherent has secured $15 million in funding from the CHIPS Act to accelerate the commercialization of wide- and ultrawide-bandgap semiconductors, enhancing the efficiency of electric vehicles, power grids, and data centers.
Financially, Coherent has demonstrated robust performance, with its Q3 FY2024 results available in a detailed shareholder letter on the Investor Relations section of its website. This format aims to provide greater insight into the company’s operations and future outlook.
For more information about Coherent and its groundbreaking technologies, visit coherent.com.
Coherent Corp. (COHR) reported strong financial results for Q2 FY2025, with revenue reaching $1.43 billion, marking a 27% increase year-over-year. The company demonstrated significant profitability improvements with GAAP gross margin of 35.5% (up 452 bps Y/Y) and non-GAAP gross margin of 38.2% (up 363 bps Y/Y).
GAAP EPS improved by $0.82 Y/Y to $0.44, while non-GAAP EPS rose by $0.69 Y/Y to $0.95. The company's growth was primarily driven by strong AI-related Data Center demand and growth in Telecom business. During the quarter, Coherent reduced its outstanding debt by $132 million.
For Q3 FY2025, the company projects revenue between $1.39-1.48 billion, with non-GAAP gross margin expected between 37-39% and non-GAAP EPS guidance of $0.75-0.95.
Coherent Corp. (NYSE: COHR) has introduced a new high-power F-theta lens designed for additive manufacturing, EV battery welding, and laser cleaning applications. The new lens operates across multiple wavelengths from deep UV to IR, delivering minimum spot sizes and large working areas to maximize process throughput.
The product features low absorption coatings and minimal laser shift at high powers across a broad wavelength spectrum. Available in 266 nm, 355 nm, 532 nm & 1070 nm wavelengths, the lens supports applications from femtosecond to nanosecond pulse durations and high-power fiber lasers. The company offers immediate availability and custom solutions through their in-house optical design services.
Coherent Corp. (NYSE: COHR) has launched its new CT-Series thermoelectric coolers, expanding its thermal management product portfolio. The new product line positions itself as a mid-tier solution between Coherent's XLT and RC products, offering enhanced thermal performance and reliability for life sciences, medical, and industrial applications.
The CT-Series achieves maximum temperature differentials exceeding 70°C at 27°C and up to 80°C at 50°C. Built on 30 years of experience, it supports up to 100,000 thermal cycles and is designed for applications including medical laser stabilization, laser diode cooling, medical storage, sensor cooling, and thermal management in wearables.
The product maintains visual and mechanical compatibility with existing Coherent thermoelectric coolers, ensuring easy integration for customers. The CT-Series is immediately available for orders.
Coherent Corp. (NYSE: COHR) announces its participation at Photonics West 2025, scheduled for January 26-29, 2025, at San Francisco's Moscone Center. The company will present expert talks, workshops, and technical presentations focusing on photonics innovations. Key highlights include presentations by executive leaders: Dr. Chris Dorman discussing photonics manufacturing excellence, Dr. Sanjai Parthasarathi speaking on materials-inspired photonics, and Dr. Gerald Dahlmann addressing AR/VR experiences.
The event features technical presentations covering diverse topics including high-power diode lasers, ultrafast lasers for microscopy, semiconductor laser solutions, UV laser cutting for OLED displays, and diamond-like carbon coatings. These sessions aim to showcase innovations across industries such as AR/VR, micro-processing, display manufacturing, and energy applications.
Coherent Corp. (NYSE: COHR) has announced enhancements to its FACTOR Series of fiber-coupled diode pumps. The upgraded product line features increased output power up to 220W at 200µm core diameter for 880nm wavelength, improved power efficiency, and wider VBG stabilization locking range.
A new 793nm, 200W module has been introduced, specifically designed for Thulium fiber laser pumping. The series now covers wavelengths of 878.6nm, 885nm, and 888nm, targeting medical and industrial applications.
Key features include automated micro-optics assembly for consistency, user-friendly integration for OEM laser systems, and scalable production capabilities. Production ramp-up is scheduled to begin in spring 2025.
Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, has scheduled its second-quarter fiscal 2025 earnings release for Wednesday, February 5, after the NYSE market close. The company will host a live audio webcast at 5:00 p.m. ET to discuss the financial results.
Investors can access the webcast through coherent.com/company/investor-relations/financial-webcasts. A replay of the webcast will be made available on the company's website within 24 hours after the live event.
Coherent Corp. (NYSE: COHR) has launched new pin-hole array biochips for medical diagnostics, primarily focusing on gene sequencing applications. The company has developed a comprehensive in-house production process that integrates custom wafer processing, Cr patterning, advanced semiconductor photolithography, and high-precision assembly.
The biochips are designed for various applications including medical diagnostics, disease prediction, clinical treatment, drug development, and food safety testing. They are available in multiple formats, from bare wafers to fully assembled modules, offering flexibility for different customer needs.
Coherent also provides complementary products such as EX/EM filters, dichroic mirrors, light engines, objectives, and tube lenses, creating a complete ecosystem for imaging and diagnostic applications. This integrated approach aims to improve efficiency, reduce costs, and simplify operations for researchers and clinicians.
Coherent Corp. (NYSE: COHR) has launched its Ultrabroadband UV-VIS and VIS-NIR Diffraction Gratings, setting new standards in optical system performance. These gratings use finely spaced grooves to diffract light into its constituent wavelengths, enabling precise spectral analysis and control.
The new gratings are designed for multiple applications including flow cytometry, Raman spectroscopy, Optical Coherence Tomography (OCT), and laser diode stabilization. Key advantages include enhanced spectral resolution, broad wavelength compatibility, and simplified system design that reduces costs and complexity while improving throughput.
The product offers a compact and high-performance alternative to traditional optical setups, replacing complex assemblies like discrete dichroic filters in flow cytometry modules. The gratings are immediately available for order and will be showcased at the upcoming BIOS and Photonics West conferences.
Coherent Corp. (NYSE: COHR) has released its Environmental, Social, and Governance (ESG) Report for FY2024, highlighting significant sustainability achievements. The company now sources 78% of its global electricity needs from renewable sources, utilizing over 550 million kWh of renewable electricity annually, which resulted in avoiding 234,000 metric tons of CO2e emissions in FY2024.
Key accomplishments include receiving the Sapphire level Certification Champion recognition from the Board of Safety Professionals for employee safety commitment, and joining the Responsible Business Alliance (RBA) in 2024, demonstrating dedication to responsible business conduct in global supply chains.
The report provides comprehensive insights into Coherent's ESG initiatives, covering sustainability performance, employee management, governance practices, risk management, customer commitment, and community engagement. These efforts align with the company's mission to create a safer, healthier, closer, and more efficient world through breakthrough technologies in materials, networking, and lasers.
Coherent Corp. (NYSE: COHR) has unveiled its next-generation adjustable ring mode fiber laser, ARM FL, featuring a 50% smaller footprint while maintaining all functionalities of its predecessor. The new platform includes an advanced controller for improved integration and faster communications.
Key features include internal active power control, back reflection insensitivity, and compatibility with Coherent process heads, including HighMotion 2D. The system is designed for various applications, from EV battery foil welding to high-power cast aluminium welding. A new option enables connection to multiple scanner units, optimizing laser utilization.
Production ramp-up is scheduled to begin in spring 2025, ensuring smooth transitions for customer production lines.
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