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Coherent Corp ( (COHR) ) has shared an announcement.
Coherent Corp. reported its second quarter fiscal 2025 results with revenue of $1.43 billion, marking a 27% increase year-over-year. The company achieved a GAAP gross margin of 35.5% and a non-GAAP gross margin of 38.2%, with substantial improvements in operating margins and EPS. The growth was driven by strong AI-related data center demand and telecom sector expansion, along with notable debt reduction, reflecting effective operational execution and financial management.
More about Coherent Corp
Coherent Corp. is a global leader in the materials, networking, and lasers industry. The company focuses on AI-related data center demand and telecom business, driving significant growth.
YTD Price Performance: -12.77%
Average Trading Volume: 2,932,556
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.57B
Learn more about COHR stock on TipRanks’ Stock Analysis page.
