Coherent Corp. Reports Strong Q1 Fiscal 2025 Results
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Coherent Corp. Reports Strong Q1 Fiscal 2025 Results

Coherent Corp. ( (COHR) ) has released its Q1 earnings. Here is a breakdown of the information Coherent Corp. presented to its investors.

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Coherent Corp., a leader in materials, networking, and lasers, operates within the industrial, communications, electronics, and instrumentation markets, offering innovative technologies and solutions worldwide. Coherent Corp. reported its first-quarter fiscal 2025 results, highlighting a revenue of $1.35 billion, a significant 28% year-over-year increase, driven by strong performance in AI-related Datacom transceivers. The company also noted improvements in gross and operating margins. Key financial metrics showed a GAAP gross margin of 34.1%, a non-GAAP gross margin of 37.7%, and a non-GAAP EPS of $0.74, marking a 357% year-over-year improvement. Additionally, Coherent managed to reduce its outstanding debt by $118 million. Looking ahead, Coherent anticipates second-quarter revenue to range between $1.33 billion and $1.41 billion, with a non-GAAP gross margin expected between 36% and 38%, as the company continues to focus on unlocking long-term shareholder value.

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