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. (Nasdaq: COHR) has launched a new product line of diffractive optical elements (DOEs) designed for high-power industrial lasers. These innovations aim to reduce the cost of ownership and enhance the efficiency of laser applications, including welding and cutting. Utilizing proprietary nanoimprint technology, Coherent ensures high optical efficiency and reliability in kilowatt-class lasers. The DOE technology is expected to tap into a market projected to exceed $1 billion. Coherent plans to showcase these advancements at BiOS and Photonics West in San Francisco from Jan. 28 to Feb. 2.
Coherent Corp. (Nasdaq: COHR), a leader in materials and laser technologies, will present at the 25th Annual Needham Growth Conference on January 12, 2023, at 10:15 a.m. ET. The presentation will be led by Mary Jane Raymond, Chief Financial Officer. Investors can access a real-time audio webcast through the Investor Relations section on Coherent's website, with a replay available post-event. Coherent is headquartered in Saxonburg, Pennsylvania, and specializes in delivering innovative technologies across various industries.
Summary not available.
Coherent Corp. (Nasdaq: COHR) has signed a memorandum of understanding with two leading Korean institutions, ETRI and KAIST, to collaborate on advanced electronic and photonic devices, specifically aimed at the Korean market. This partnership aligns with the Korea-US Industrial Cooperation Forum, fostering mutual collaboration with backing from both U.S. and Korean governmental entities. The focus will be on leveraging technologies such as silicon carbide and gallium arsenide for applications in electric vehicles and industrial sectors.
Coherent Corp. (Nasdaq: COHR) will present at the Nasdaq 47th Investor Conference on December 7, 2022, at the May Fair Hotel in London. The presentation is scheduled for 6:30 a.m. ET. Mary Jane Raymond, the Chief Financial Officer, will represent the company. A real-time audio webcast of the presentation will be available on Coherent's Investor Relations website, with a replay accessible after the event. Coherent is a leader in materials, networking, and laser technology, with global operations in various markets.
Coherent Corp. (Nasdaq: COHR) announced its participation in the 2022 Raymond James Technology Investors Conference. The event is scheduled for December 5, 2022, at 2:15 p.m. ET, in New York, NY. Chief Financial Officer Mary Jane Raymond will present, and a real-time audio webcast will be available on the company’s Investor Relations page. A replay will also be accessible after the event. Coherent specializes in innovative technologies across various markets, including industrial and communications.
Coherent Corp. (Nasdaq: COHR) reported a record revenue of $1.34 billion for Q1 FY23, a **69%** year-over-year increase, with **20%** organic growth. The company achieved a backlog of $3.05 billion, up **119%** year-over-year. Non-GAAP EPS was $1.04, bolstered by favorable FX impacts. However, GAAP EPS was negative at $(0.56), reflecting losses. The company anticipates Q2 revenue between $1,340 million and $1,400 million and full-year revenue between $5,250 million and $5,550 million.
Coherent Corp. (Nasdaq: COHR) announced a conference call on November 9, 2022, at 9:00 a.m. ET to discuss its first-quarter results for FY 2023. The call will be hosted by CEO Dr. Vincent D. (Chuck) Mattera, Jr., along with CFO Mary Jane Raymond, and other executives. The results will be released prior to the market opening and available on their website. Interested participants can access the live webcast and a replay after the event. The company emphasizes innovations across diverse sectors including materials and laser technology.
Coherent Corp. (Nasdaq: COHR) announced the launch of its next-generation BIMO-FSC3 flat sheet cutting laser head series, achieving ultrahigh power ratings of up to 30 kW. This innovation is designed to enhance the speed and efficiency of cutting thick sheet metal, meeting the growing demand in the industry. The series includes three models: BIMO-FSC3-Z-HP, BIMO-FSC3-L, and BIMO-FSC3-Z, each tailored for specific power and application needs. Coherent will showcase these products at the EuroBLECH 2022 trade show in Hanover, Germany, from Oct. 25-28.
Summary not available.