Coherent Corp. ( (COHR) ) has released its Q3 earnings. Here is a breakdown of the information Coherent Corp. presented to its investors.
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Coherent Corp. is a global leader in the materials, networking, and lasers industry, known for its innovative technologies that serve diverse markets including industrial, communications, electronics, and instrumentation.
In its third quarter fiscal 2025 earnings report, Coherent Corp. announced a significant 24% year-over-year increase in revenue, reaching $1.50 billion. The company also reported improvements in both GAAP and non-GAAP gross margins and earnings per share, highlighting strong growth driven by AI-related datacenter demand and new product introductions.
Key financial highlights include a GAAP gross margin of 35.2% and a non-GAAP gross margin of 38.5%. The company’s non-GAAP earnings per share improved to $0.91, a notable increase from the previous year. Coherent also made strategic advancements by introducing new optical networking products and reducing its outstanding debt by $136 million.
Coherent’s management remains optimistic about the future, with expectations of continued revenue growth and gross margin expansion in the upcoming quarter. The company plans to maintain its focus on cash and capital allocation to enhance operating leverage and efficiency, while investing in long-term growth opportunities.
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