erent (COHR) - 2024 Q4 - Annual Results

Exhibit 99.1 Coherent Corp. 375 Saxonburg Blvd. Saxonburg, PA 16056-9499 PRESS RELEASE COHERENT CORP. REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2024 RESULTS ● Q4 REVENUE OF $1.314B, GREW 9.1% Y/Y ● Q4 GAAP GROSS MARGIN OF 32.9%, GREW 437 bps Y/Y; Q4 NON-GAAP GROSS MARGIN OF 37.2%, GREW 132 bps Y/Y ● Q4 GAAP EPS OF ($ 0.52), IMPROVEMENT OF $1.02 Y/Y; Q4 NON-GAAP EPS OF$ 0.61, IMPROVEMENT OF $0.20 OR +49% Y/Y PITTSBURGH, Aug. 15, 2024 – Coherent Corp. (NYSE: COHR) ("Coherent," "We," or the "Company"), a glob ...