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Slowing growth in a crucial customer demographic provided reason for the market to be concerned about recent results.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Full-year revenue for its data center segment rose by 61%, while revenue for Q4 jumped by 38% year-over-year. The networking segment, which includes Coherent's data center business, saw revenues jump ...
Live Updates Live Coverage Has Ended Every Wall Street Question, Summarized 6:21 pm Here’s a summary of every question Wall ...
Bullish stock extends gains following its strong trading debut Wednesday, while Coherent tumbles after issuing a disappointing outlook.
For the current quarter, Coherent expects $1.46 billion to $1.6 billion in revenue and adjusted earnings of 93 cents to $1.13 a share. Analysts are forecasting revenue of $1.55 billion and adjusted ...
On Wednesday, Coherent Corp. (NYSE:COHR) agreed to sell its Aerospace and Defense business to Advent, a private equity ...
Shares of materials and photonics company Coherent (NYSE:COHR) fell 23.2% in the morning session after the company issued disappointing revenue guidance for its upcoming third quarter, which ...
Shares of a global tech company with a plant in Northampton County saw double-digit losses on Thursday, one day after the ...
FY25 REVENUE OF $5.81B, INCREASED 23% Y/YFY25 GAAP GROSS MARGIN OF 35.2%, INCREASED 424 bps Y/Y; FY25 NON-GAAP GROSS MARGIN ...
Coherent has agreed to sell its aerospace and defense business to the private equity group Advent International, for $400 million. The deal, announced on the same day that the photonics giant revealed ...
Coherent Corp. stock's valuation is now closer to fair but still above five-year averages. Click here to find out why COHR ...