财务数据和关键指标变化 - 第一季度收入为13.5亿美元，环比增长约3%，同比增长28% [34] - 非GAAP毛利率为37.7%，环比增长49个基点，同比增加293个基点 [36] - 第一季度非GAAP每股收益为0.074美元，较前一季度的0.61美元有所下降，但同比增长 [38] 各条业务线数据和关键指标变化 - 网络业务收入环比增长12%，同比增长61%，主要受AI数据中心需求推动 [34] - 激光业务收入环比下降2%，同比增长4%，反映出相对稳定的市场需求 [35] - 材料业务收入环比下降15%，同比下降3%，主要由于汽车市场需求疲软 [35] 各个市场数据和关键指标变化 - 通信市场第一季度收入环比增长14%，同比增长68%，主要受数据通信和电信收入强劲增长推动 [19] - 数据通信收入环比增长16%，同比增长89%，主要由于AI数据中心需求 [20] - 电信收入环比增长9%，同比增长17%，尽管对电信市场复苏持谨慎态度 [24] 公司战略和发展方向和行业竞争 - 公司完成了战略投资组合评估，重点投资于增长和利润引擎 [12][14] - 公司计划出售或关闭非战略产品线和资产，以优化投资组合 [13] - 公司将继续专注于提高运营效率和毛利率，目标是实现超过40%的可持续毛利率 [15][39] 管理层对经营环境和未来前景的评论 - 管理层对未来几个季度的通信业务增长持乐观态度，尽管其他市场短期内仍存在疲软 [29] - 管理层对电信市场的复苏持谨慎态度，认为需要观察几个季度的改善 [107] - 管理层预计2025财年整体将是一个良好的增长年 [29] 其他重要信息 - 公司计划在2025年5月举办投资者和分析师日，届时将详细介绍公司的整体战略和长期财务模型 [9] - 第一季度公司偿还了1.18亿美元的债务，降低了净债务杠杆比率至2.4倍 [34][56] 问答环节所有提问和回答 问题: 客户反馈和改进领域 - 管理层表示与客户的关系良好，未来将专注于建立更深层次的战略合作关系，推动多代创新 [43][46] 问题: 毛利率改善的驱动因素 - 管理层指出，毛利率的改善主要来自于收入增长、产品组合的有利变化和产量提升 [48][49] 问题: 资本结构的优先事项 - 管理层强调，资本配置的首要任务是推动公司有机增长，其次是减少债务以增强财务状况 [54][55] 问题: 数据通信业务的增长来源 - 管理层确认，数据通信业务的增长主要来自于800G及以上的产品，400G及以下的产品也有增长 [58][59] 问题: 非战略资产的识别 - 管理层表示，除了电池技术平台外，还有其他非战略资产正在评估中，未来会有更多信息披露 [62][64] 问题: 1.6T产品的市场预期 - 管理层预计1.6T产品将在2025年开始 ramp，客户基础将与800G的初期相似 [110][111] 问题: 电信市场的长期增长展望 - 管理层对电信市场的长期增长持乐观态度，尽管短期内仍需观察市场的复苏情况 [107]

Coherent (COHR) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.46%. A quarter ago, it was expected that this Laser and optics manufacturer would post earnings of $0.60 per share when it actually produced earnings of $0.61, delivering a surprise of 1.67%.Over the last four quarters ...

业绩总结 - 2024财年公司总收入为47亿美元，较上年增长28%[34] - 2025财年第一季度收入为13.5亿美元，较2024财年第一季度的1.6亿美元增长了357%[34] - 2025财年第一季度毛利率为37.7%，较2024财年第一季度的34.8%提高了293个基点[34] - 2024年9月30日的GAAP毛利为4.6亿美元，较2024年6月30日的4.32亿美元增长[55] - 2024年9月30日的非GAAP营业收入为2.33亿美元，非GAAP营业利润率为17.3%[61] - 2024年9月30日的GAAP净收益为2600万美元，较2024年6月30日的净亏损4800万美元有所改善[63] - 2024年9月30日的非GAAP每股收益为0.77美元，较2024年6月30日的0.62美元增长[66] - 调整后的EBITDA在2024年9月30日为3.06亿美元，调整后的EBITDA利润率为22.8%[69] 用户数据 - 2025财年第一季度收入按市场分布为：工业30%，通信57%，电子6%，仪器7%[34] - 2025财年第一季度收入按细分市场分布为：材料18%，网络57%，激光26%[38] - 2025财年第一季度，网络收入为763百万美元，较2024财年第四季度的680百万美元增长了12%[37] - 2025财年第一季度，激光收入为348百万美元，较2024财年第四季度的355百万美元略有下降[37] - 2025财年第一季度，材料收入为237百万美元，较2024财年第四季度的279百万美元下降了15%[37] - 北美市场在2024年第一季度的收入为5.56亿美元，较2023年同期增长[45] 未来展望 - 公司在2023至2028年期间的总可寻址市场（TAM）预计为640亿美元，年均增长率为14%[19] - 第二季度财务预测显示收入在13.3亿至14.1亿美元之间[50] - 非GAAP毛利率预计在36%至38%之间[50] - 非GAAP营业费用预计在2.75亿至2.95亿美元之间[50] - 非GAAP每股收益预计在0.61至0.77美元之间[50] 新产品和新技术研发 - 公司在AI相关的Datacom收发器方面实现了显著增长，推动了整体业绩的提升[34]

Q1 REVENUE OF $1.35B, INCREASED 28% Y/YQ1 GAAP GROSS MARGIN OF 34.1%, INCREASED 499 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 37.7%, INCREASED 293 bps Y/YQ1 GAAP EPS OF ($0.04), IMPROVED 94% Y/Y; Q1 NON-GAAP EPS OF $0.74, IMPROVED 357% Y/Y PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal first quarter ended September 30, 2024. Revenue for the first ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________________________ FORM 10-Q ________________________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | |------------------------------------ ...

Exhibit 99.1 Coherent Corp. 375 Saxonburg Blvd. Saxonburg, PA 16056-9499 PRESS RELEASE COHERENT CORP. REPORTS FIRST QUARTER FISCAL 2025 RESULTS ● Q1 REVENUE OF $1.35B, INCREASED 28% Y/Y ● Q1 GAAP GROSS MARGIN OF 34.1%, INCREASED 499 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 37.7%, INCREASED 293 bps Y/Y ● Q1 GAAP EPS OF ($0.04), IMPROVED 94% Y/Y; Q1 NON-GAAP EPS OF $0.74, IMPROVED 357% Y/Y PITTSBURGH, Nov. 6, 2024 (GLOBE NEWSWIRE) – Coherent Corp. (NYSE: COHR) ("Coherent," "We," or the "Company"), a global leader ...

Investors looking for stocks in the Technology Services sector might want to consider either Coherent (COHR) or Ibotta (IBTA) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on ea ...

PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that it is evaluating strategic alternatives for its battery technology platform. The platform encompasses a suite of cathode, electrolyte, and cell technologies built around the breakthrough sulfur immobilization technology developed by Coherent over the past decade. Cells based on immobilized sulfur cathodes have achieved industry-leading performance, finally unl ...

The legendary investor is moving his capital into two different emerging categories. One stock is already up big for him. Stanley Druckenmiller has sold out of Nvidia (NVDA 0.80%). Saying he regrets selling the stake too early for his Duquesne Family Office, one of the best investors ever confirmed he has gotten out of the high-flying artificial intelligence (AI) stock at around $80-$95 earlier this year. While he is now watching from the sidelines, Druckenmiller was along for much of the 500% gains in Nvid ...

Image 1: ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fiber laser. This new offering in the highly successful ARM laser family features a new higher power level of 20 kW and a unique dual ring beam configuration. Representing a significant advance in welding capability, the ARM FL20D enables faster speeds and improved quality in a wide range of applications. The uniqu ...