Coherent (COHR) detailed its long-term growth strategy, key areas of product and technology investment, and target long-term financial model at its 2025 Analyst and Investor Day at the New York Stock Exchange. Jim Anderson, CEO, said, “Our team has made significant progress over the past fiscal year, with revenue expected to grow by over 22% and EPS expected to increase by 2.8X YoY in FY25. Although we’re pleased with our progress, there is much more opportunity ahead of us as we focus on our long-term goals of driving double-digit revenue growth in our key markets, such as AI Datacenters, expanding our gross margin and EPS, and continuing to unlock additional value for shareholders.”
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