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An update from Coherent Corp ( (COHR) ) is now available.
Coherent Corp. reported impressive financial results for the first quarter of fiscal 2025, with a revenue increase of 28% year-over-year, reaching $1.35 billion. The company’s non-GAAP EPS soared by 357% to $0.74, showcasing significant growth driven by AI-related Datacom transceivers. CEO Jim Anderson highlighted the solid growth and promising opportunities to enhance shareholder value, while CFO Sherri Luther emphasized strong EPS growth, cash generation, and a $118 million debt reduction.
See more data about COHR stock on TipRanks’ Stock Analysis page.