Profile
Sector:
TechnologyIndustry:
Scientific & Technical InstrumentsCountry:
United StatesIPO:
02 October 1987Website:
http://www.coherent.comNext earnings report:
15 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 109 min agoDividend
Analysts recommendations
Institutional Ownership
COHR Latest News
None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the scale, resiliency, and flexibility of Coherent supply chain solutions for customers.
A pair of electronics manufacturers saw their stocks make big moves Monday as Lattice Semiconductor (LSCC) shares fell nearly 16% on news that Chief Executive Officer Jim Anderson left to take the same job at Coherent Corp. (COHR), whose shares jumped 23%.
PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company's new Chief Executive Officer, effective today. Mr. Anderson also joins the Company's Board of Directors.
Coherent stock has performed well over the past year -- but not nearly as well as Lattice Semiconductor stock. Lattice is losing the CEO who led it to incredible heights, and Coherent is poaching him.
PITTSBURGH, May 30, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in laser test and measurement instruments, proudly announces the launch of its next-generation high-power laser sensor designed to support the expanding high-power applications market and reduce measurement times by up to 500%. Introducing the Coherent PM10K+ Laser Power Sensor The new Coherent PM10K+ laser power sensor can measure the power output of CW lasers up to 10 kW (12 kW intermittent) in less than 3 seconds.
PITTSBURGH, May 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in high-performance optical networking and laser solutions, announced today a first-to-market single-mode (SM), polarization-maintaining (PM) erbium-ytterbium co-doped optical fiber for high-power 1550 nm, narrow linewidth, and single-frequency amplifiers. Coherent is now the first company to support pure SM, PM optical fibers for >20 W average power capabilities.
The shares of Coherent (COHR) have begun to rise and could potentially continue to increase in the near future, as suggested by strong revisions to earnings estimates.
While the revenue and EPS of Coherent (COHR) provide an indication of its performance in the quarter ending March 2024, it is important to also analyze how certain key metrics measure up against Wall Street forecasts and the previous year's figures.
Coherent (COHR) reported earnings of $0.53 per share for the quarter, surpassing the Zacks Consensus Estimate of $0.42 per share. This is lower than the $0.58 per share earnings reported in the same quarter last year.
What type of business is Coherent?
Coherent, Inc. develops, manufactures, services, and sells lasers and related accessories. The OLS segment focuses on high-performance laser sources and complex optical subsystems used in the production of microelectronics, medical diagnostics, and therapeutic medical applications, as well as a portfolio of lasers designed for the scientific research market. The ILS segment supplies high-efficiency laser sources for material processing. Applications include automotive manufacturing, machinery manufacturing, medical equipment, and consumer goods. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California.
What sector is Coherent in?
Coherent is in the Technology sector
What industry is Coherent in?
Coherent is in the Scientific & Technical Instruments industry
What country is Coherent from?
Coherent is headquartered in United States
When did Coherent go public?
Coherent initial public offering (IPO) was on 02 October 1987
What is Coherent website?
https://www.coherent.com
Is Coherent in the S&P 500?
No, Coherent is not included in the S&P 500 index
Is Coherent in the NASDAQ 100?
No, Coherent is not included in the NASDAQ 100 index
Is Coherent in the Dow Jones?
No, Coherent is not included in the Dow Jones index
When does Coherent report earnings?
The next expected earnings date for Coherent is 15 August 2024