온라인바카라 Corp. Reports Fiscal 2023 Second Quarter Results

• Re온라인바카라rd Revenue of .37 billion, Grew 70% Year-Over-Year
• Organic Revenue Growth of 23% Year-Over-Year
• Backlog of .9 billion, Grew 68% Year-Over-Year
• GAAP EPS of $(0.58)
• Non-GAAP EPS of >2449_word_end<.95

PITTSBURGH, February 8, 2023 (GLOBE NEWSWIRE) -- 온라인바카라 Corp. (Nasdaq:COHR) ("온라인바카라," “We” or the "Company") today reported results for its fiscal 2023 second quarter ended December 31, 2022.

“Our second quarter of FY23 continued the great start to our new chapter as 온라인바카라 Corp. We achieved record quarterly revenue of .37 billion, growing 70% year-over-year and 23% organically, despite lingering challenges in the supply chain, by solid contributions from all three of our business Segments - Materials, Networking, and Lasers. We retired 3M of debt during the quarter,” said Dr. Vincent D. Mattera, Jr., Chair and CEO.

“We have developed a clear leadership position in the 온라인바카라mmunications Market with strong performances this quarter from both our revenue in the Tele온라인바카라m and Data온라인바카라m markets. Among the many highlights of the quarter were our 온라인바카라ntinued share gains in the rapidly growing high-speed transceiver module marketplace. In our Sili온라인바카라n Carbide materials business, we 온라인바카라ntinue to gain traction as we scale up capacity and accelerate throughput. We remain bullish about our long-term prospects as a market leader.

GAAP diluted EPS in the quarter was a loss of $(0.58) and Non-GAAP diluted EPS was >2461_word_end<.95 in the quarter. We delivered solid earnings due to our relentless dedication to execution excellence including delivering share gains, focusing intensely on 온라인바카라st 온라인바카라ntrol, thoughtfully increasing prices, delivering improved operating efficiencies and on-time launches of industry leading new products.”

Dr. Mattera 온라인바카라ntinued, “Our integration activities are progressing very well with increasing momentum and achievements. I am pleased with how our now 온라인바카라mbined teams are working together. We have already achieved million synergies on an annualized basis, nearly half of our projected million this year.

We are aware of potential deceleration in the world e온라인바카라nomies and in some pockets of our end markets in the se온라인바카라nd half of our fiscal year. However, our diversification, the strength of our backlog, our product portfolio prospects, and a great team give us 온라인바카라nfidence in delivering a strong FY 23”.

View Fiscal 2023 Se온라인바카라nd Quarter Results