Is Coherent's R&D Excellence Crucial to Its Competitive Advantage?
Key Takeaways Coherent posted 16.4% top-line growth on AI-related Datacom transceiver demand.COHR's non-GAAP gross margin rose 290 bps to 38.1% in the June quarter.COHR's EBITDA margin of 24% beats industry and rivals despite lower research and development spend.Coherent Corp. (COHR) recorded 16.4% year-over-year growth in its top line during the June quarter, fueled by its AI-related Datacom transceiver business. Backed by research and development (R&D) prowess, COHR’s 800G transceiver, an important factor ...