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Slowing growth in a crucial customer demographic provided reason for the market to be concerned about recent results.
Coherent (NYSE:COHR) shares plunged 20% during early market action on Thursday, following its latest financial results, as ...
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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 ...
On Wednesday, Coherent Corp. (NYSE:COHR) agreed to sell its Aerospace and Defense business to Advent, a private equity ...
Shares of a global tech company with a plant in Northampton County saw double-digit losses on Thursday, one day after the ...
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 ...
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Why Coherent (COHR) Stock Is Falling Today
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 ...
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 ...
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