Materials and photonics company Coherent (NYSE:COHR) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 16.4% year on year to $1.53 billion. On the other hand, next quarter’s revenue guidance of $1.53 billion was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $1 per share was 8.7% above analysts’ consensus estimates.
Coherent Corp. (NYSE:COHR) posted Q4 revenue growth but missed EPS estimates, sparking a stock drop. Strategic shifts include selling its Aerospace & Defense unit and focusing on AI datacenter tech.
SAXONBURG, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, announced financial results today for the fiscal fourth quarter and full year fiscal 2025 ended June 30, 2025.
SAXONBURG, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, today announced that it has entered into a definitive agreement to sell its Aerospace and Defense business to Advent, a leading global private equity investor, for $400 million. Proceeds will be used to reduce debt, which will be immediately accretive to Coherent’s EPS.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 5.9% in the afternoon session after the company announced a new multiyear strategic supply agreement with Apple, expanding their long-standing partnership. The photonics company expanded its long-standing partnership to supply vertical-cavity surface-emitting lasers, or VCSELs, which powered key features like Face ID. The components were manufactured at Coherent's facility in Sherman, Texas, as part of Apple's commitment to American manufacturing. The news added to recent positive sentiment, as one analyst recently increased the stock's price target to $97, and other reports highlighted the company's favorable growth outlook.
Apple's (NASDAQ: AAPL) shares experienced a significant surge following the company's announcement of an additional $100 billion investment in U.S. manufacturing over the next four years. This monumental commitment, bringing Apple's total U.S. investment to $600 billion, was unveiled by President Donald Trump on August 6, 2025, with
SAXONBURG, Pa., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced that it has entered a new multiyear strategic supply agreement with Apple, expanding their long-standing partnership. Under the new agreement, Coherent will continue to produce vertical-cavity surface-emitting lasers (VCSELs) that enable key features such as Face ID on iPhone and iPad devices shipped around the world. This critical work is conducted at Coherent’s state-of-the-art manufacturing facility in Sherman, Texas.
