02:03 PM EDT, 05/28/2025 (MT Newswires) -- Coherent (COHR) shares were down 1.8% in recent Thursday trading even though the company said it was forecasting double-digit growth in revenue in fiscal 2025.

The semiconductor manufacturing company said at its 2025 analyst and investor day that it expects revenue to grow by 22% year-over-year in fiscal 2025 and earnings per share to increase year-over-year by 2.8 times.

Price: 79.76, Change: -1.43, Percent Change: -1.76