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Coherent Corp - COHR STOCK NEWS

Welcome to our dedicated news page for Coherent (Ticker: COHR), a resource for investors and traders seeking the latest updates and insights on Coherent.

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.

News
Coherent to Host OFC Investor Briefing on March 26, 2024
Rhea-AI Summary
Coherent Corp. (COHR) to host an investor briefing at the OFC Conference to discuss optical communications market trends, products, and technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
conferences
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News
Dr. Vincent D. Mattera, Jr., to Retire as CEO of Coherent
Rhea-AI Summary
Coherent Corp. CEO Dr. Vincent D. Mattera, Jr., to retire after 20 years of service, with the Board initiating a comprehensive search for his successor. The company reaffirms its fiscal 2024 guidance and highlights Dr. Mattera's significant role in Coherent's growth and transformation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.92%
Tags
none
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News
Coherent Corp. Releases Second-Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has announced its financial results for the second quarter of fiscal year 2024. The results have been published in a letter to shareholders on the company's Investor Relations website. A conference call with Chair and CEO Dr. Vincent D. (Chuck) Mattera, Jr., and the management team is scheduled for February 6, 2024, at 8:00 a.m. ET. The shareholder letter provides detailed financial information and disclosures, offering insights into the company's operating performance and outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.36%
Tags
earnings
News
Coherent Introduces ExactWeld 410 Laser Welding System for Medical Device Manufacturing
Rhea-AI Summary
Coherent Corp. (COHR) introduces the ExactWeld 410 laser welding system for medical device manufacturing, showcasing it at MDM West. The system offers precision welding, cost optimization, small footprint, and traceability, meeting FDA-certified manufacturing requirements. Coherent also provides a full range of laser systems for cutting and marking, collaborating with customers to solve manufacturing challenges globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
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none
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News
Coherent Selected for Funding by the Department of Energy for Its Li-S Battery Technology for Next-Generation Electric Vehicles
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has secured multimillion-dollar funding from the Department of Energy (DOE) to accelerate the development of its patented chemical immobilization technology for lithium sulfur (Li-S) battery cells. The funding aims to meet next-generation electric vehicle (EV) requirements and recognizes the unique ability of Coherent’s technology to store more energy in less weight at lower cost. Coherent will use the funds to optimize its patented immobilized sulfur materials and cathodes for EV requirements, with a focus on designing and manufacturing stable cathodes based on sulfur that can retain more than 80% of their original capacity after 1,000 recharging cycles. The potential of sulfur cathodes to secure supply chains and support the strong and growing EV market is also highlighted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
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none
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News
Coherent to Showcase a Broad Portfolio of Product and Technology Innovations at Photonics West and Bios Expo 2024
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) is set to exhibit industry-leading products and capabilities at SPIE Photonics West and BiOS Expo. The company will showcase its broad portfolio of products and technology innovations that are enabling a wide range of applications in industrial, communications, electronics, and instrumentation markets. Some featured products include the Dot projector module for depth sensing, VCSEL-based illumination module platform, OBIS 640 XT red laser module, and WaveShaper 1000A, 4000A, and 500B. Coherent will also host product demonstrations, invited presentations, workshops, and keynote presentations at the event. In addition, the company is set to participate in several upcoming trade shows globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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none
News
Coherent Introduces Infrared Wire-Grid Polarizers With Industry-Breakthrough Performance for Atmospheric Remote Sensing
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has announced the introduction of a family of mid-wavelength infrared (MWIR) and long-wavelength infrared (LWIR) wire-grid polarizers (WGPs) with industry-breakthrough performance for laser-based atmospheric remote sensing applications. The new WGPs have achieved a contrast ratio of an order of magnitude greater than the highest-performing comparable products in the industry and are nanopatterned with non-oxidizing materials, significantly increasing their reliability. Coherent's broad portfolio of components for laser-based remote sensing also includes optical isolators, collimators, beam expanders, and galvo mirrors. The MWIR polarizers are available now, and the LWIR polarizers will be generally available in the third quarter of calendar 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
none
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News
Coherent Introduces 532 nm HyperRapid NXT Picosecond Laser for Ultraprecision Manufacturing of Thin-Film Solar Cells
Rhea-AI Summary
Coherent Corp. announced the introduction of its new HyperRapid NXT industrial picosecond laser operating at 532 nm with 100 W average power, enabling ultraprecision manufacturing of thin-film solar cells. The new laser answers the market demand for higher process quality and throughput compared to existing nanosecond lasers or lower-power ultrashort-pulse lasers. The new 532 nm laser will be generally available in the calendar Q3 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
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none
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News
Coherent Introduces New WaveShaper Instruments for the U- and Super C-Bands
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has announced the launch of new members of the WaveShaper family, expanding the performance and wavelength range of these instruments to meet the increasing demand for bandwidth in optical communications. The new WaveShaper instruments, including the WaveShaper 1000A, 4000A, and 500B, are designed to test optical components and networking systems in the U- and Super C-bands, offering a powerful combination of functionality, flexibility, and cost-effectiveness. These instruments support research on wide-band multi-wavelength transmission experiments for future high-capacity optical networks and the development of components and systems for upcoming optical multi-wavelength communication systems operating in the Super-C Band.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
none
News
Coherent Announces Date Of FY2024 Second-Quarter Conference Call
Rhea-AI Summary
Coherent Corp. (COHR) will release its financial results for the quarter ended December 31, 2023, in a shareholder letter on February 5, with a conference call to discuss the results on February 6. The live webcast and replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
Stock COHR logo
Coherent Corp

NYSE:COHR

COHR Rankings

#918 Ranked by Market Cap
#2918 Ranked by Stock Gains
N/A Ranked by Dividends

COHR Stock Data

8.14B
121.94M
1.62%
89.27%
2.78%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
US
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.