Image 1: Ultrabroadband diffraction gratings PITTSBURGH, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonics solutions, today announced the launch of its Ultrabroadband UV-VIS and VIS-NIR Diffraction Gratings. These cutting-edge optics set a new standard in optical system performance, offering unmatched design flexibility, precision and efficiency for various applications in the life science and medical markets. Diffraction gratings are vital optical compon ...

PITTSBURGH, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today published its Environmental, Social, and Governance (ESG) Report for FY2024. The report is available on the Coherent website at this link. Highlights from the ESG Report 2024 include: Coherent now obtains 78% of its global electricity needs from renewable sources, representing over 550 million kWh of renewable electricity per year, and thereby avoiding 234,000 metric tons of carbon ...

Billionaire Stanley Druckenmiller might not be a household name like Warren Buffett, but he's one of the best investors of all time.The George Soros protégé ran the Duquesne Capital Management hedge fund for nearly 30 years with an average annual return of 30% and no losing years. That's a phenomenal track record.These days, Druckenmiller is retired as a hedge fund manager since he closed his fund in 2010, but he still invests through the Duquesne Family Office, where he's made some smart buys in recent yea ...

PITTSBURGH, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a global leader in laser technology, today announced the launch of its latest generation adjustable ring mode fiber laser ARM FL. This next generation platform, featuring a new advanced controller, offers all the functions of its predecessor while reducing the volume and footprint by 50%. The demand for compact, high-performance laser solutions has been steadily increasing, particularly in industries such as automotive and electronics ...

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PITTSBURGH, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that as a result of an ongoing strategic portfolio assessment, the company will evaluate strategic alternatives for its Streamlined Hydrometallurgical Advanced Recycling Process (SHARP™) technology to efficiently recover and recycle critical metals from lithium-ion batteries (LiBs). With the increasing global demand for LiBs, driven by electric vehicles, energy sto ...

Coherent (NYSE: COHR ) is not a "put all your eggs in one basket" kind of company. The company itself has diversified its revenue streams, dipping its toes into different segments, markets, and geographical locations, which I must say I'm a bigI’m a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I’ve spent over two decades in the mark ...

PITTSBURGH, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, has announced the production release of high-speed indium phosphide (InP) photodiodes. Designed for use in the next generation of 800G and 1.6T transceivers with 200 Gb/s PAM4 optical lanes, and available in both singlet and 1x4 array configurations with integrated lenses, they provide efficient optical coupling and compatibility with all major 4-channel and 8-channel ...

Shares of Coherent (COHR) have been strong performers lately, with the stock up 5.2% over the past month. The stock hit a new 52-week high of $111.66 in the previous session. Coherent has gained 152.7% since the start of the year compared to the 27.5% move for the Zacks Business Services sector and the 52.7% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in a ...

For the quarter ended September 2024, Coherent (COHR) reported revenue of $1.35 billion, up 28% over the same period last year. EPS came in at $0.74, compared to $0.16 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.32 billion, representing a surprise of +2.43%. The company delivered an EPS surprise of +17.46%, with the consensus EPS estimate being $0.63.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...