Coherent tops Q4 results; Q1 outlook also exceeds expectations
COHR Coherent Corp
$355.64 +8.24%
View chart & analysis → - 1Coherent (COHR) surpassed Q4 estimates and its Q1 revenue and profit guidance came in above analyst expectations.
- 2Quarterly revenue of $2.05 billion and adjusted EPS of $1.74 beat estimates of $1.99 billion and $1.61, respectively.
- 3Driven by demand for data center and communications products and expanding AI infrastructure investment, the stock fell 4% in extended trading.
This 3-line summary is compiled from the report below.
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