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Coherent Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Sets Fiscal Q1 Outlook
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Coherent Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Sets Fiscal Q1 Outlook
Aug 15, 2024 1:45 PM

04:20 PM EDT, 08/15/2024 (MT Newswires) -- Coherent (COHR) posted fiscal Q4 non-GAAP earnings late Thursday of $0.61 per diluted share, up from $0.41 per share a year ago.

Analysts polled by Capital IQ expected $0.60.

Revenue for the quarter ended June 30 rose to $1.31 billion from $1.21 billion a year earlier. Analysts surveyed by Capital IQ expected $1.28 billion.

For fiscal Q1, the company expects non-GAAP EPS of $0.53 to $0.69 on revenue of $1.27 billion to $1.35 billion. The consensus is for EPS of $0.64 on revenue of $1.3 billion.

Price: 70.50, Change: -0.82, Percent Change: -1.15

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