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erent (COHR) - 2024 Q3 - Quarterly Results
2024-05-07 04:15
6 Networking. Lower than expected Datacom gross margin accounted for over 50% of the total adverse impact. Specifically, lower transceiver yields was the primary issue. We have implemented a number of corrective actions, have started to see meaningful improvement in yield, and expect to attain our targeted yield by the time we exit the first quarter of fiscal 2025. Unchanged Long-Term Outlook; Growth Bias. Our longer-term outlook for improved margin structure and strong secular growth in all of our markets ...
Wall Street's Insights Into Key Metrics Ahead of Coherent (COHR) Q3 Earnings
Zacks Investment Research· 2024-05-01 22:21
Wall Street analysts expect Coherent (COHR) to post quarterly earnings of $0.42 per share in its upcoming report, which indicates a year-over-year decline of 27.6%. Revenues are expected to be $1.17 billion, down 5.8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announcement, it is crucial to cons ...
Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation
Newsfilter· 2024-04-23 18:00
PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targeted to increase diversity, equity, and inclusion (DEI) in entrepreneurship, innovation, and advanced technology: the HBCU/MI Entrepreneurship & Innovation initiative by Leadership Needed Foundation and the Optica Foundation Amplify Scholarship for Black scientists. The HBCU/MI Entrepreneurship and Innovation init ...
Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey
Newsfilter· 2024-04-23 13:22
可再生能源供应 - Coherent公司宣布已经从可再生能源中获得全球约70%的电力需求,每年超过500百万千瓦时的可再生电力,避免每年超过25万公吨二氧化碳排放[1] 减少碳足迹 - Coherent公司设定减少全球运营中的碳足迹为首要任务,承诺在2040财年实现净零Scope 1和Scope 2排放[2] 可持续发展与员工参与 - Coherent公司强调可持续发展是全员参与的问题,鼓励所有员工通过Lean Six Sigma认证项目来减少能源消耗,并将Lean原则与可持续发展目标紧密结合[3] 节能措施 - Coherent公司的Lean系统自2023年成立以来已经节省了每年250万千瓦时的能源,同时努力消除设施中的化石燃料使用,例如在德国的Highyag设施安装了热泵以减少气体排放[4]
Coherent Announces Date of FY2024 Third-Quarter Conference Call
GlobeNewsWire· 2024-04-18 18:00
公司财务业绩 - Coherent Corp. (NYSE: COHR)宣布将于2024年5月6日市场收盘后在公司网站发布截至2024年3月31日季度的财务业绩[1] - 公司管理层将于2024年5月7日上午8:00举行电话会议讨论这些结果[1] 公司业务和定位 - Coherent致力于通过突破性技术赋予市场创新者定义未来的能力,提供与工业、通信、电子和仪器市场多样化应用相关的创新[3] - 公司总部位于宾夕法尼亚州萨克森堡,拥有全球研发、制造、销售、服务和分销设施[3] 公司联系信息 - 欲收听电话会议的人士可通过公司网站或特定链接访问现场网络直播,并提供有限时间的回放[2] - 有关更多信息,请访问公司网站[3] - 联系人:Paul Silverstein,高级副总裁,投资者关系和公司传播,邮箱:investor.relations@coherent.com[4]
Coherent Announces Date of FY2024 Third-Quarter Conference Call
Newsfilter· 2024-04-18 18:00
PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended March 31, 2024, in a shareholder letter posted on Coherent’s website at coherent.com/company/investor-relations after market close on Monday, May 6. Coherent’s management will host a conference call to discuss these results on Tuesday, May 7, at 8:00 a.m. ET. Individuals wishing to listen to ...
Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors
Newsfilter· 2024-04-10 18:00
PITTSBURGH, April 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a leader in wide- and ultrawide-bandgap semiconductors, today announced that it secured $15 million in funding from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022 that provided the Department of Defense (DoD) with $2 billion to strengthen and revitalize the U.S. semiconductor supply chain. One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizin ...
Coherent Loans James Webb Space Telescope Demonstration Mirror to Space Foundation Discovery Center
Newsfilter· 2024-04-08 18:00
Coherent Corp.与Space Foundation Discovery Center合作 - Coherent Corp.与Space Foundation Discovery Center达成协议,提供James Webb Space Telescope(JWST)的演示镜[1] - JWST是一个复杂而雄心勃勃的工程和空间探索历史上的一个重要项目,提供了前所未有的清晰度和深度观测,其观测被科学界高度期待[2] - Space Foundation Discovery Center致力于激发和教育各年龄段的人们对空间、科学和技术的兴趣,通过提供关于空间探索和受空间影响的行业的终身教育[3]
Coherent Announces High-Power Uncooled G10 Pump Laser Modules for Submarine and Terrestrial Applications
Newsfilter· 2024-03-22 19:30
新产品发布 - Coherent Corp.宣布推出基于最新G10系列激光二极管技术的新型高功率未冷却泵浦激光模块[1] - 新的未冷却泵浦激光模块设计用于高功率、高功能性光放大器和放大ROADM线卡应用[2] 节能网络发展 - 未冷却模块支持朝着节能网络的发展趋势,降低网络拥有成本[3]
Coherent Introduces a New Circulator Adaptor Enabling Bi-Directional Fiber Connectivity For AI/ML Applications
Newsfilter· 2024-03-22 18:00
PITTSBURGH, March 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a leader in optical communications technology and components, announced today the introduction of a bi-di circulator adaptor. This adaptor enables bi-directional transmission over a single fiber between two transceivers. By enabling bi-directional transmission, the fiber count is reduced by a factor of two, which allows significant cost and space savings. In addition to the rapid growth with data centers driven by AI/ML applications ...