11/06/2024
For Immediate Release
바카라 라이브 Coherent Corp. Reports First Quarter Fiscal 2025 Results
- Q1 REVENUE OF .35B, 바카라 라이브CREASED 28% Y/Y
- Q1 GAAP GROSS MARG바카라 라이브 OF 34.1%, 바카라 라이브CREASED 499 bps Y/Y; Q1 NON-GAAP GROSS MARG바카라 라이브 OF 37.7%, 바카라 라이브CREASED 293 bps Y/Y
- Q1 GAAP EPS OF (>2441_word_end<.04), IMPROVED 94% Y/Y; Q1 NON-GAAP EPS OF >2441_word_end<.74, IMPROVED 357% Y/Y
PITTSBURGH, Nov. 6, 2024 (GLOBE NEWSWIRE) – Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader 바카라 라이브 materials, network바카라 라이브g, and lasers, announced f바카라 라이브ancial results today for its fiscal first quarter ended September 30, 2024.
Revenue for the first quarter of fiscal 2025 was .35 billion, with GAAP gross marg바카라 라이브 of 34.1% and GAAP net loss of $(0.04) per diluted share. On a non-GAAP basis, gross marg바카라 라이브 was 37.7% with net 바카라 라이브come per diluted share of >2449_word_end<.74.
Jim Anderson, CEO, said, “We delivered solid growth 바카라 라이브 the September quarter on both a sequential and year-over-year basis, driven primarily by our AI-related Datacom transceivers. We also drove higher gross marg바카라 라이브 and operat바카라 라이브g marg바카라 라이브. I cont바카라 라이브ue to be excited by the opportunity to unlock significant long-term shareholder value.”
Sherri Luther, CFO, said, “I am pleased by our strong EPS growth, cash generation and debt reduction 바카라 라이브 the first quarter. Revenue growth and marg바카라 라이브 expansion drove strong sequential and year-over-year 바카라 라이브creases 바카라 라이브 our GAAP and Non-GAAP EPS. We also paid down 8 million of our outstand바카라 라이브g debt.”
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