Coherent reports Q2 EPS 95c, consensus 67c

Reports Q2 revenue $1.44B, consensus $1.37B. Jim Anderson, CEO, said, “We delivered strong growth in the December quarter on both a sequential and year-over-year basis, resulting in record revenue, driven by another quarter of strong AI-related Data Center demand as well as growth in our Telecom business. We also drove significant improvement in gross margin and operating margin. I would like to thank my Coherent (COHR) teammates for their strong execution.”