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) generates frequent news as a global photonics company active in materials, networking, and lasers. Its announcements highlight new product launches, portfolio changes, and financial results that are closely followed by participants in the datacenter, communications, and industrial markets. Founded in 1971 and operating in more than 20 countries, Coherent’s updates often reflect developments across a broad technology stack and manufacturing footprint.
News about Coherent includes product introductions in lasers and optical components, such as the Sapphire XT visible laser platform for life science and semiconductor applications, the Axon FP femtosecond laser for multiphoton microscopy, and the WaveShaper 1000A Sharp programmable optical filter for advanced optical networks and photonics applications. The company also reports on industrial laser systems like the EDGE CUT20 OEM Cutting Solution for sheet-metal cutting, which combines a fiber laser and cutting head with integrated process monitoring.
Coherent’s news flow also covers materials and datacenter-related advances, including its next-generation 300 mm silicon carbide platform aimed at AI datacenter thermal management, AR/VR devices, and power electronics. Investors and industry observers can find updates on revenue trends, segment performance, and demand drivers such as AI-related datacenters and communications in the company’s quarterly earnings releases.
In addition, Coherent issues news about strategic portfolio actions, such as the sale of its Aerospace and Defense business and the agreement to sell its tools for materials processing division, as well as financing and capital structure developments disclosed through SEC filings. The company also publicizes its participation in major industry events like SPIE BiOS and Photonics West, where executives and technical experts present on lasers, specialty materials, fiber technologies, and optical systems.
This news page aggregates these announcements so readers can follow Coherent’s product roadmap, materials platforms, financial performance, and strategic decisions over time.
Coherent Corp. (NYSE: COHR) has expanded its optical communications test portfolio with new high-port-count instruments in the WaveShaper family and enhanced offerings in the WaveMaker family. The new products include:
1. WaveShaper® 32000B and 32002B reconfigurable optical processors, available in Super-C and Super-C plus Super-L band configurations.
2. WaveMaker® 500A programmable optical spectrum generator for Super-C band applications.
These instruments offer full programmability of attenuation and phase across the spectrum, with a high port count of 1x31. They support various configurations and cover up to 12.5 THz, meeting the growing demand for advanced optical systems in meshed network topologies. The WaveMaker 500A enhances transceiver and amplifier testing with over 20 dBm of optical output power.
Coherent Corp. (NYSE: COHR) has launched a new family of high-efficiency continuous wave (CW) distributed feedback (DFB) lasers for silicon photonics transceiver modules. These indium phosphide (InP) lasers are designed to operate in the O-band (1310 nm region) and offer 15% greater power efficiency than current industry standards. The first product, a 70 mW 1310 nm laser, will begin commercial shipments in September 2024.
Key features include:
- Uncooled, non-hermetic operation up to 85°C junction temperature
- Exceptional reliability due to aluminum-free active quantum-well region
- Planned expansion to a 6-inch InP fab in Sherman, Texas, by 2026, increasing production capacity by 5x
These lasers address the growing bandwidth demands in AI-driven data centers and are important for 800G and 1.6T optical transceivers.
Coherent Corp. (NYSE: COHR) reported its Q4 and full-year fiscal 2024 results, showing significant growth and improvement. Q4 revenue reached $1.314 billion, up 9.1% year-over-year. The company's Q4 GAAP gross margin improved to 32.9%, a 437 bps increase Y/Y, while non-GAAP gross margin rose to 37.2%, up 132 bps Y/Y. Q4 GAAP EPS improved by $1.02 Y/Y to ($0.52), and non-GAAP EPS grew 49% Y/Y to $0.61. For the full fiscal year 2024, revenue was $4.708 billion. The company saw strong growth in AI-related Datacom transceiver business and achieved a milestone of shipping over 300 million Datacom transceivers from its Malaysia facility.
Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, has announced the date for its FY2024 Fourth-Quarter and Fiscal Year-End Results Conference Call. The company will release its financial results for the quarter and fiscal year ended June 30, 2024, after market close on Thursday, August 15. Coherent's management will host a live audio webcast to discuss these results at 5 p.m. ET on the same day.
Interested parties can access the live webcast through the company's website or via a provided link. A recording of the call will be available for a time. Coherent, headquartered in Saxonburg, Pennsylvania, serves diverse applications in industrial, communications, electronics, and instrumentation markets with its breakthrough technologies.
Coherent Corp. (NYSE: COHR) has reached a significant milestone in the Thirty Meter Telescope (TMT) project, completing its 100th polished mirror segment. The company is using advanced stress mirror polishing (SMP) technique to produce hexagonal segments for the TMT's 30-meter primary mirror, achieving a rate of one segment per week. Coherent's contribution was praised by TMT representatives during a recent visit.
The company has also installed an advanced ultrasonic CNC machine capable of addressing two-meter-sized optics, marking the next major phase of the TMT program. This machine will be important for machining the roundels into their final hexagonal shapes. Coherent's expertise in precision large-format optics and high-volume manufacturing positions it as a leader in the field, building on its previous work on projects like the James Webb Space Telescope.
Coherent Corp. (NYSE: COHR) has announced a major milestone, shipping its 300-millionth optical transceiver from its Ipoh, Malaysia facility. This achievement highlights the company's robust supply chain solutions and advanced manufacturing capabilities. The Ipoh facility, established in 2001, spans 640,000 square feet, employs 3,600 skilled workers, and plays a critical role in producing next-generation optical transceivers. Coherent's strategic location and infrastructure contribute to its competitive edge in the global market, particularly in meeting the demands of the AI datacom sector.
Coherent Corp. (NYSE: COHR) has appointed Jim Anderson as the new Chief Executive Officer, effective June 3, 2024. Anderson joins Coherent from Lattice Semiconductors, where he served as President and CEO, driving corporate strategy and achieving record profits and margins. He replaces Dr. Vincent D. Mattera, Jr., who is retiring. Anderson brings extensive experience in transforming global businesses and is expected to leverage Coherent's AI-related datacom portfolio and industrial market opportunities. Anderson has held leadership roles at AMD, Intel, and Broadcom, among others.
Coherent Corp. (NYSE: COHR) has launched the Coherent PM10K+ laser power sensor, tailored for high-power applications and capable of reducing measurement times by up to 500%. This innovative sensor measures CW laser power up to 10 kW (12 kW intermittent) in under 3 seconds, featuring a large active area to prevent beam clipping and a laser interlock to protect the sensor. It's optimized for industrial applications such as cutting and welding. The PM10K+ integrates advanced thermal management technologies and proprietary algorithms, making it the fastest kW-class calorimeter-based sensor available. It offers two interface options for connectivity: USB and RS-232, ensuring compatibility with various systems. Coherent's broad portfolio supports markets including industrial, life sciences, and aerospace.
Coherent announced the launch of the industry's first single-mode (SM), polarization-maintaining (PM) erbium-ytterbium co-doped optical fiber. This innovation supports high-power 1550 nm, narrow linewidth, and single-frequency amplifiers with >20 W average power capabilities. The fiber features a 130 µm geometry made possible by Coherent's proprietary manufacturing technology, merging high-power performance with superior beam quality. It is designed for quantum computing and coherent LiDAR research, also enhancing the power scalability of current single-frequency amplifier systems. Coherent offers precision-matched passive fibers and a range of customizable erbium-ytterbium co-doped fibers to suit various applications. The PM-EYDF-10P/130-XPH and matching passive optical fiber products are available immediately.
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.