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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.

Rhea-AI Summary
Coherent Corp. (COHR) introduces dot projector modules for depth sensing in consumer electronics, robotics, and autonomous vehicles. The modules are based on 940 nm vertical-cavity surface-emitting lasers (VCSELs) and are designed to match various depth range and spatial resolution requirements of spot-assisted time-of-flight (TOF) 3D cameras. The product aims to lower the burden of optics design and system integration, shorten time to market, and offer scalability, supply-chain security, and leading quality. Coherent will showcase its products and innovations at Photonics West 2024 in San Francisco.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.17%
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Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has published its Environmental, Social, and Governance (ESG) Report 2023, setting a net-zero Scope 1 and Scope 2 greenhouse gas emissions target of FY2040. The report highlights the company's commitment to sustainability, diversity, and innovation, including obtaining over 50% of its global energy needs from renewable sources and launching initiatives for sustainable procurement and product development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.9%
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none
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Rhea-AI Summary
Coherent Corp. (NYSE: COHR) introduces the 800G ZR/ZR+ transceiver in ultracompact QSFP-DD and OSFP form factors for optical communications networks. The transceivers leverage the 140 GBaud IC-TROSA, enabling direct connection to IP routers, eliminating the need for intermediary interfaces, and reducing capital and operational expenditures. The 800G transceiver supports multiple modulation formats and data rates between 200 Gbps and 800 Gbps, with alpha samples available in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
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none
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) announced a $1 billion investment by DENSO CORPORATION and Mitsubishi Electric Corporation in its silicon carbide semiconductor business. The investment will fund future capital and operating expenses for the business, with each company investing $500 million for a 12.5% non-controlling interest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
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Rhea-AI Summary
Coherent Corp. (NYSE: COHR) will hold an Industrial Market Overview webcast on December 14, 2023, at 10:00 a.m. ET. The two-hour webcast is for investors, equity analysts, and the public, accessible at coherent.com/company/investor-relations/financial-webcasts. A replay will be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
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Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has announced its financial results for the first quarter fiscal year 2024. The results have been posted as a letter to shareholders on the company's website. A conference call will be held on November 7, 2023, to discuss the results. The letter provides detailed financial information and is designed to offer insight into the company's performance and outlook. The call will be recorded and a replay will be available.
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End-of-Day
-- %
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earnings
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has won the 2023 Business Innovation Award from the Institute of Physics (IOP) for its Axon laser. The award was presented in a ceremony held on Oct. 30. The Axon laser represents ten years of technology evolution in lasers and dedication to supporting advances in biomedical research. Coherent previously received the IOP award in 2013 for its Chameleon laser.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
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Rhea-AI Summary
Coherent Corp. to release financial results for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
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1.23%
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Rhea-AI Summary
Mitsubishi Electric to invest $500 million in new SiC business with Coherent
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Rhea-AI Sentiment
End-of-Day
6.65%
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Rhea-AI Summary
Coherent announces strategic investments in its silicon carbide business
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.65%
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Coherent Corp

NYSE:COHR

COHR Rankings

COHR Stock Data

9.24B
121.94M
1.62%
89.46%
2.54%
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.