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Coherent Corp. - $COHR STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Coherent's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Coherent's position in the market.

Rhea-AI Summary

Coherent Corp. (NYSE: COHR) will host an Instrumentation Market Overview webcast on May 14, 2024, at 10:00 a.m. ET. The company delivers breakthrough technologies in materials and systems for diversified applications. Coherent has global facilities and focuses on industrial, communications, electronics, and instrumentation markets.

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Coherent Corp. reported its third-quarter fiscal year 2024 financial results. The results are available in a letter to shareholders on the company's Investor Relations website. A conference call will be held on May 7, 2024, to discuss the results. Coherent is a global leader in materials, networking, and lasers, empowering market innovators through breakthrough technologies.

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Coherent Corp. announced a $500,000 sponsorship of DEI initiatives supporting Black scientists and entrepreneurship at HBCUs/MIs. The company aims to promote diversity and innovation by partnering with the Leadership Needed Foundation and the Optica Foundation. Coherent's CEO, Dr. Chuck Mattera, emphasized the importance of creating opportunities for underrepresented groups in laser technology and photonics. The company's contributions will fund scholarships, training programs, and equipment donations, demonstrating a commitment to fostering a diverse and skilled workforce for the future.
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Coherent Corp. announces significant sustainability milestones on Earth Day 2024, including sourcing 70% of electricity from renewable sources, avoiding 250,000 metric tons of CO2 emissions annually, setting a net-zero goal for 2040, and joining the Responsible Business Alliance.
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Coherent Corp. (COHR) will release its financial results for the quarter ended March 31, 2024, on May 6, followed by a conference call on May 7 to discuss the results. The live webcast will be available on the company's website, with a replay option for interested parties.
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Coherent Corp. (COHR) secures $15 million funding from the CHIPS Act to accelerate the commercialization of wide- and ultrawide-bandgap semiconductors, silicon carbide, and single-crystal diamond. This funding aims to strengthen the U.S. semiconductor supply chain and establish a leadership position in next-generation technologies.
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Coherent Corp. (COHR) partners with the Space Foundation Discovery Center to showcase a demonstration mirror from the James Webb Space Telescope, promising groundbreaking discoveries in space exploration.
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Coherent Corp. (COHR) announces new products and technologies for optical communications networks at OFC 2024. Key highlights include advancements in VCSEL performance, new wafer fabs, industry-first modules, and innovative optical solutions. The company showcases optical circuit switches, pluggable optics, transport product modules, and test and measurement equipment at the event.
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Juniper Networks collaborates with Coherent Corp. and Marvell Technology Inc. to introduce an 800ZR solution at OFC 2024, showcasing advancements in transport technology. The solution offers faster, more reliable connectivity, reduced costs, and power efficiencies, catering to the evolving needs of AI, cloud, and 5G services.
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Coherent expands capacity in U.S. and European fabs, reduces die cost for InP optoelectronic devices, and establishes 6-inch InP wafer fabrication capability. The move aims to increase production capacity, lower die costs, and enhance competitiveness in various markets.
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Coherent Corp.

NYSE:COHR

COHR Rankings

COHR Stock Data

8.40B
121.94M
1.62%
89.27%
2.78%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
SAXONBURG

About COHR

ii-vi incorporated, a global leader in engineered materials and optoelectronic devices and components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment and consumer markets. headquartered in saxonburg, pennsylvania, with research and development, manufacturing, sales, service and distribution facilities worldwide, the company produces a wide variety of application-specific photonic and electronic materials and components and deploys them in various forms, including integrated with advanced software, to enable our customers’ success.