Earnings
Coherent Targets 45% Gross Margin By 2028 And Expects Fiscal 2027 Growth Above 60%
The photonics maker reported $2.37 billion in quarterly revenue and guided second-quarter sales to $2.55 billion to $2.75 billion.
COHR
Coherent (COHR) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Coherent Lands A $20 Billion Five-Year AI Supply Deal And Lifts Its Gross Margin Goal Above 45%
The laser maker's CEO says the customer is a name "you would definitely recognize," with revenue from the deal due to start in early calendar 2028.
Earnings
Coherent Burned $93 Million In Operating Cash While Revenue Jumped 50%
Capital spending of $776 million and a swelling inventory pile were paid for with $773 million of new credit-line borrowings.
SEC Filings
Coherent's Proxy Lists CEO Pay At $28.3 Million Against $20,527 For The Median Employee
The annual proxy puts executive pay to an advisory vote, with no shareholder proposals on the ballot.
SEC Filings
Coherent's Proxy Notice Lists Four Director Nominees, A Pay Vote And Ernst & Young, With No Shareholder Proposals
The board recommends "For" on every item for the November 18 annual meeting; the notice carries no CEO pay figures.