Core Insights - Coherent Corp. has launched its latest generation adjustable ring mode fiber laser, the ARM FL, which reduces volume and footprint by 50% while maintaining performance [1][3] Company Overview - Coherent is a global leader in laser technology, focusing on innovations that cater to various industries including industrial, communications, electronics, and instrumentation [6] Product Features - The new ARM FL laser features an advanced controller that enhances integration and communication speed, while its modular design allows for customization to meet evolving customer needs [2][3] - The ARM FL is designed for high-performance applications, ensuring consistent welding results through active power control and back reflection insensitivity [3] - Compatibility with a range of Coherent process heads, including the HighMotion 2D, makes the ARM FL versatile for applications such as EV battery welding and high-power cast aluminum welding [4] Market Demand - There is a growing demand for compact, high-performance laser solutions, particularly in the automotive and electronics manufacturing sectors [2] Production Timeline - Production of the next generation ARM FL products is set to ramp up in spring 2025, facilitating smooth transitions for customers' production lines [5]

Investment Focus and Methodology - The investment strategy focuses on growth companies, particularly in the mid-cap segment, with a bias towards sectors such as biotechnologies, computer chips, cloud technology, energy, and commodities [1] - A top-down approach is used to complement bottom-up analysis, with special attention given to risks surrounding business cases [1] - Systematic balance sheet analysis and stress tests are employed to evaluate funding viability and model safety [1] - Long-term capital appreciation is prioritized over short-term speculation [1] Analyst Background and Approach - The analyst holds a master's in communication and an MBA, with experience in journalism, and aims to provide extensive coverage in the mentioned sectors [1] - The analyst emphasizes sharing ideas and points of view, seeking feedback to improve work quality [1] Disclosure and Independence - The analyst has no stock, option, or derivative positions in the mentioned companies and no plans to initiate such positions within the next 72 hours [1] - The article reflects the analyst's own opinions and is not influenced by compensation or business relationships with the mentioned companies [1]

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 ...

Core Insights - Coherent reported a revenue of $1.35 billion for the quarter ended September 2024, marking a 28% increase year-over-year, with an EPS of $0.74 compared to $0.16 in the same quarter last year [1] Revenue Performance - Revenue from Materials was $237.43 million, below the average estimate of $269.74 million, reflecting a year-over-year decline of 2.9% [3] - Networking revenue reached $762.87 million, exceeding the average estimate of $702.95 million, with a significant year-over-year increase of 61.3% [3] - Lasers revenue was reported at $347.84 million, slightly below the average estimate of $349.83 million, showing a year-over-year growth of 3.7% [3] - Revenue from Contracts in Instrumentation was $90.68 million, below the estimated $110.79 million, representing an 8.8% decline year-over-year [3] - Communications revenue from Contracts was $774.29 million, surpassing the average estimate of $683.78 million, with a year-over-year increase of 68.5% [3] - Industrial revenue from Contracts was $406.94 million, slightly below the average estimate of $437.27 million, with a year-over-year change of 0.6% [3] - Electronics revenue from Contracts was $76.23 million, significantly below the average estimate of $95.40 million, reflecting a year-over-year decline of 15.1% [3] Stock Performance - Coherent's shares have returned -4.4% over the past month, contrasting with the Zacks S&P 500 composite's increase of 0.7%, and the stock currently holds a Zacks Rank 2 (Buy), indicating potential outperformance in the near term [4]

Coherent Corp. (NYSE:COHR) Q1 2025 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Paul Silverstein - Senior Vice President of Investor Relations, and Corporate Communications Jim Anderson - Chief Executive Officer Sherri Luther - Chief Financial Officer Conference Call Participants Samik Chatterjee - J.P. Morgan Simon Leopold - Raymond James Thomas O'Malley - Barclays Capital Meta Marshall - Morgan Stanley Karl Ackerman - BNP Paribas Ruben Roy - Stifel Nicolaus Christopher Rolland ...

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 ...

1 INVESTOR PRESENTATION November 2024 Copyright 2024, Coherent. All rights reserved. FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements relating to future events and expectations, including our expectations regarding (i) our future financial and operational results; (ii) the growth and megatrends in the markets we serve including industrial, communications, electronics, and instrumentation; and (iii) improvement opportunities and shareholder value creation, each of which is bas ...