03:49 AM EST, 11/07/2024 (MT Newswires) -- Coherent (COHR) reported fiscal Q1 non-GAAP earnings late Wednesday of $0.74 per diluted share, up from $0.61 a year earlier.

Analysts polled by Capital IQ expected $0.61.

Revenue for the quarter ended Sept. 30 was $1.35 billion, compared with $1.05 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.32 billion.

For fiscal Q2, the company expects non-GAAP earnings per share to be between $0.61 and $0.77. Analysts polled by Capital IQ expect $0.68. The company expects revenue for the quarter to be between $1.33 billion and $1.41 billion. Analysts polled by Capital IQ expect $1.35 billion.

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