Financial Performance Highlights - The company reported a strong fiscal year 2025, with revenue reaching $5.81 billion, a 23% increase compared to $4.7 billion in fiscal year 2024[7] - Non-GAAP Earnings Per Share (EPS) significantly increased by 191%, from $1.21 in FY24 to $3.53 in FY25[7] - Gross margin improved by 358 basis points, reaching 37.9% in FY25 compared to 34.3% in FY24[7] Revenue Segmentation and Trends - Datacenter and Communications sector accounted for 51% of FY25 revenue[7] - Industrial sector accounted for 7% of FY25 revenue[7] - Instrumentation sector accounted for 5% of FY25 revenue[7] - Electronics sector accounted for 29% of FY25 revenue[7] - In Q4 2025, Networking segment revenue was $945 million, representing 62% of the total revenue distribution[10, 11] - In Q4 2025, Lasers segment revenue was $348 million, representing 15% of the total revenue distribution[10, 11] - In Q4 2025, Materials segment revenue was $236 million, representing 23% of the total revenue distribution[10, 11] Fiscal Year 2026 Q1 Outlook - The company anticipates revenue between $1.46 billion and $1.60 billion for the first quarter of fiscal year 2026[22] - Non-GAAP gross margin is projected to be between 37.5% and 39.5%[22] - Non-GAAP operating expenses are expected to range from $290 million to $310 million[22] - The non-GAAP tax rate is estimated to be between 18% and 22%[22] - Non-GAAP earnings per share are projected to be between $0.93 and $1.13[22]

Coherent Corp. COHR announced the sale of its aerospace and defense business for $400 million and released its fourth-quarter results after Wednesday's closing bell. Here's a look at what to know: COHR is down after-hours. See the full breakdown here.The SaleCoherent said it will sell its aerospace and defense business to private equity firm Advent for $400 million. The company added that proceeds from the sale will be used to reduce debt, which will be immediately accretive to Coherent’s EPS.The deal is ex ...

Exhibit 99.1 Coherent Corp. 375 Saxonburg Blvd. Saxonburg, PA 16056-9499 USA PRESS RELEASE COHERENT CORP. REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2025 RESULTS SAXONBURG, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) – Coherent Corp. (NYSE: COHR) ("Coherent," "We," or the "Company"), a global leader in photonics, announced financial results today for the fiscal fourth quarter and full year fiscal 2025 ended June 30, 2025. Revenue for the fourth quarter of fiscal 2025 was a record $1.53 billion, with GAAP gross mar ...

Core Insights - Coherent Corp. reported record revenues of $1.53 billion for Q4 FY25 and $5.81 billion for the full fiscal year, marking a year-over-year growth of 23% [1][2][4] - The company experienced a GAAP gross margin of 35.7% in Q4 FY25 and 35.2% for the full year, with non-GAAP gross margins at 38.1% and 37.9% respectively, indicating significant margin expansion [1][2][4] - Despite a GAAP net loss of $0.83 per diluted share in Q4 FY25, the non-GAAP EPS was $1.00, reflecting a substantial improvement in profitability metrics [1][2][4] Financial Performance - Q4 FY25 revenues reached $1,529 million, up 2.1% quarter-over-quarter and 16.4% year-over-year, while full-year revenues were $5,810 million, a 23.4% increase from FY24 [1][2][5] - GAAP gross margin improved by 284 basis points year-over-year to 35.2% for FY25, while non-GAAP gross margin increased by 358 basis points to 37.9% [4][5] - The company reported a GAAP net loss of $0.52 per diluted share for FY25, an improvement of $1.32 compared to the previous year, while non-GAAP EPS rose by $2.32 to $3.53 [4][5] Operational Highlights - The CEO highlighted strong revenue growth driven by key growth areas such as AI datacenters, and the company is optimizing its portfolio by selling its Aerospace and Defense business [3][4] - Operating cash flow improved, allowing the company to repay approximately $437 million of outstanding debt during FY25 [3] - The company commenced revenue shipments of its 1.6T datacom transceivers and achieved initial revenue from its optical circuit switch platform, expanding its addressable market by over $2 billion by 2030 [7][8] Business Outlook - For Q1 FY26, the company expects revenues between $1.46 billion and $1.60 billion, with gross margins projected between 37.5% and 39.5% on a non-GAAP basis [15] - The sale of the Aerospace and Defense business is anticipated to close in the current quarter, which will exclude approximately $20 million in revenue from future forecasts [9]

Core Viewpoint - Coherent Corp. has entered into a definitive agreement to sell its Aerospace and Defense business to Advent for $400 million, which will be used to reduce debt and is expected to be immediately accretive to Coherent's EPS [1][2]. Company Overview - Coherent is a global leader in photonics, specializing in optical and laser systems for various applications, including defense [2][5]. - The Aerospace and Defense business employs approximately 550 people and operates across 10 geographic sites [2]. Strategic Rationale - The sale is part of Coherent's strategic portfolio optimization process, allowing the company to focus on core growth markets and products [2][3]. - The CEO of Coherent expressed satisfaction with the agreement, highlighting its alignment with the company's strategic goals [2]. Advent's Perspective - Advent views the Aerospace and Defense business as an exceptional opportunity that complements its existing investments in national security technologies [3][10]. - Advent plans to invest significantly in research and development to enhance the business's leadership in advanced laser and optical solutions [3]. Transaction Details - The transaction is expected to close in the third quarter of calendar year 2025, pending customary closing conditions [4]. - Post-closure, the Aerospace and Defense business will operate under a new name, which will be announced later [4].

Core Insights - Coherent Corp. (COHR) is set to release its fourth-quarter fiscal 2025 results on August 13, after market close, and has consistently surpassed the Zacks Consensus Estimate in the past four quarters with an average earnings surprise of 15.2% [1] Revenue Expectations - The Zacks Consensus Estimate for Coherent's revenues is $1.5 billion, reflecting a 15.2% increase compared to the same quarter last year [2] - The Networking segment is expected to generate $930.2 million, indicating a significant year-over-year growth of 21.9%, driven by strong demand in the AI data center market [2][9] - The Materials segment's consensus estimate is $231.2 million, suggesting a decline of 2.6% year-over-year due to ongoing softness in the consumer electronics market [3] - For the Lasers segment, the estimate stands at $358.4 million, which is a 3% increase from the previous year, supported by rising demand for excimer annealing lasers and strength in the semi-cap equipment market [4][9] Earnings Projections - The consensus estimate for earnings per share is 93 cents, indicating a substantial year-over-year growth of 52.5% [4] - Coherent's model predicts an earnings beat, supported by a positive Earnings ESP of +8.32% and a Zacks Rank of 1 (Strong Buy) [5]

Core Insights - Coherent (COHR) is expected to report quarterly earnings of $0.93 per share, reflecting a year-over-year increase of 52.5% [1] - Anticipated revenues for the quarter are projected to be $1.51 billion, representing a 15.2% increase compared to the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised 3.8% higher in the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Revenues- Materials' at $231.23 million, a decrease of 17.2% from the prior-year quarter [5] - 'Revenues- Networking' is projected at $930.18 million, showing an increase of 36.8% year over year [5] - 'Revenues- Lasers' are expected to reach $358.41 million, indicating a slight increase of 0.9% [5] Market-Specific Revenue Estimates - 'Revenue by Market- Instrumentation' is estimated at $102.65 million, reflecting a year-over-year change of 1.4% [6] - 'Revenue by Market- Communications' is projected at $927.02 million, with a year-over-year increase of 36.7% [6] - 'Revenue by Market- Industrial' is expected to be $422.91 million, indicating a decrease of 2% from the prior-year quarter [6] - 'Revenue by Market- Electronics' is anticipated to reach $64.24 million, reflecting a significant decline of 38.1% from the year-ago quarter [7] Stock Performance - Over the past month, Coherent shares have returned +21.5%, outperforming the Zacks S&P 500 composite's +1.9% change [7] - Coherent currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near future [7]

Core Insights - Coherent Corp. has entered a new multiyear strategic supply agreement with Apple, enhancing their long-term partnership [1][2] - The agreement focuses on the production of vertical-cavity surface-emitting lasers (VCSELs) essential for features like Face ID on Apple devices [1] - Coherent's manufacturing facility in Sherman, Texas, plays a crucial role in this production [1][2] Company Overview - Coherent is recognized as a global leader in photonics, providing technology that drives innovation across various industries [3] - The company operates in over 20 countries and offers a comprehensive technology stack and resilient supply chain [4] - Coherent's technology is utilized by industry leaders in data centers, communications, and industrial markets [3][4] Strategic Importance - The partnership with Apple is seen as a testament to the strength of their collaboration and commitment to advancing technology [2] - Apple's commitment to invest $600 billion in the U.S. over the next four years highlights the significance of American manufacturing and innovation [2] - Coherent's Sherman facility features advanced manufacturing platforms for next-generation optoelectronic applications [2]

Company Overview - Coherent (COHR) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.93, reflecting a +52.5% change, and revenues of $1.51 billion, up 15.2% from the previous year [3][12] - The company has a positive Earnings ESP of +4.91%, indicating analysts have recently become bullish on its earnings prospects [12] Earnings Expectations - The upcoming earnings report is anticipated to be released on August 13, and the stock may move higher if the actual results exceed expectations [2] - The consensus EPS estimate has been revised 5.54% higher over the last 30 days, reflecting a reassessment by covering analysts [4] Historical Performance - Coherent has a strong earnings surprise history, having beaten consensus EPS estimates in the last four quarters, including a +5.81% surprise in the most recent quarter [13][14] Industry Comparison - Bitfarms Ltd. (BITF), another player in the Zacks Technology Services industry, is expected to report a loss per share of $0.01, with revenues projected at $81.67 million, up 96.6% year-over-year [18] - Bitfarms has an Earnings ESP of +25% and a Zacks Rank of 2, suggesting a high likelihood of beating the consensus EPS estimate [19]

Industry Overview - The Technology Services industry ranks within the top 40% of Zacks Ranked Industries and is expected to outperform the market over the next three to six months [1][8] - The industry is mature with strong demand for services, leading to significant growth in the first half of 2025, which is likely to continue in the second half [1][3] Market Trends - The global shift toward digitization is creating opportunities in markets such as 5G, blockchain, and artificial intelligence (AI) [3] - Companies are rapidly adopting generative AI, machine learning (ML), and data science to gain competitive advantages [3][4] - There is robust demand for multi-cloud-enabled software solutions as businesses transition from legacy platforms to modern cloud-based infrastructure [3] Company Highlights Coherent Corp. (COHR) - Coherent is positioned in the industrial, communications, electronics, and instrumentation markets, offering diversified applications [7] - Expected revenue and earnings growth rates for the current year are 11.5% and 29.3%, respectively, with a 4.1% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [9] Vimeo Inc. (VMEO) - Vimeo provides cloud-based video software solutions, including video hosting, management, and analytics [10][11] - Expected revenue and earnings growth rates for the next year are 6.2% and over 100%, respectively, with no change in the Zacks Consensus Estimate for next-year earnings over the last 60 days [12] Skillsoft Corp. (SKIL) - Skillsoft offers personalized learning experiences and operates in two segments: Talent Development Solutions and Global Knowledge [13][14] - Expected revenue and earnings growth rates for the current year are 1.2% and -157%, respectively, with a 54.8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [15] Vontier Corp. (VNT) - Vontier focuses on transportation and mobility solutions, operating through three segments: Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions [16] - Expected revenue and earnings growth rates for the current year are 0.1% and 9%, respectively, with a 2.9% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [17] SPX Technologies Inc. (SPXC) - SPX Technologies is a diversified supplier in the HVAC and detection and measurement markets, operating in two segments [18] - Expected revenue and earnings growth rates for the current year are 12.7% and 17%, respectively, with a 3.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [19]