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Why Coherent Stock Exploded 20% Higher on Monday
The Motley Fool· 2024-06-04 00:45
Coherent investors are betting big that a big-name CEO can help to drive growth. Laser maker Coherent (COHR 16.79%) saw its stock run up 19.5% through 11:45 a.m. ET Monday after the company announced it has poached Jim Anderson, CEO of Lattice Semiconductor, to become its own new CEO. Conversely, Lattice shares are down 15% on the news. Lattice announced simultaneously that it has elevated Chief Marketing Officer Esam Elashmawi to become its interim CEO as it begins its search for a permanent replacement. W ...
Coherent Appoints Jim Anderson as Chief Executive Officer
Newsfilter· 2024-06-03 20:09
PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE:COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company's new Chief Executive Officer, effective today. Mr. Anderson also joins the Company's Board of Directors. Mr. A ...
Coherent Appoints Jim Anderson as Chief Executive Officer
GlobeNewswire News Room· 2024-06-03 20:09
PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company's new Chief Executive Officer, effective today. Mr. Anderson also joins the Company's Board of Directors. Mr. A ...
Coherent Introduces High-Power Laser Sensor
Newsfilter· 2024-05-30 18:00
PITTSBURGH, May 30, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in laser test and measurement instruments, proudly announces the launch of its next-generation high-power laser sensor designed to support the expanding high-power applications market and reduce measurement times by up to 500%. Introducing the Coherent PM10K+ Laser Power Sensor The new Coherent PM10K+ laser power sensor can measure the power output of CW lasers up to 10 kW (12 kW intermittent) in less than 3 seconds. This cu ...
Coherent Introduces High-Power Laser Sensor
globenewswire.com· 2024-05-30 18:00
PITTSBURGH, May 30, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in laser test and measurement instruments, proudly announces the launch of its next-generation high-power laser sensor designed to support the expanding high-power applications market and reduce measurement times by up to 500%. Introducing the Coherent PM10K+ Laser Power Sensor The new Coherent PM10K+ laser power sensor can measure the power output of CW lasers up to 10 kW (12 kW intermittent) in less than 3 seconds. This cu ...
Coherent Announces Industry-First Specialty Optical Fiber for Coherent LiDAR & Cold Atom Trapping for Quantum Computing
Newsfilter· 2024-05-23 18:00
PITTSBURGH, May 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR), a leader in high-performance optical networking and laser solutions, announced today a first-to-market single-mode (SM), polarization-maintaining (PM) erbium-ytterbium co-doped optical fiber for high-power 1550 nm, narrow linewidth, and single-frequency amplifiers. Coherent is now the first company to support pure SM, PM optical fibers for >20 W average power capabilities. The key Coherent product innovation is merging exceptional high ...
Coherent Announces Industry-First Specialty Optical Fiber for Coherent LiDAR & Cold Atom Trapping for Quantum Computing
globenewswire.com· 2024-05-23 18:00
PITTSBURGH, May 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in high-performance optical networking and laser solutions, announced today a first-to-market single-mode (SM), polarization-maintaining (PM) erbium-ytterbium co-doped optical fiber for high-power 1550 nm, narrow linewidth, and single-frequency amplifiers. Coherent is now the first company to support pure SM, PM optical fibers for >20 W average power capabilities. The key Coherent product innovation is merging exceptional hig ...
Earnings Estimates Rising for Coherent (COHR): Will It Gain?
Zacks Investment Research· 2024-05-16 01:21
Investors might want to bet on Coherent (COHR) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this Laser and optics manufacturer, should get reflected in its stock price. After all, empirical research shows a strong correlati ...
Coherent Sends Mixed Signals In Q3
The Motley Fool· 2024-05-11 08:13
A deep dive into Coherent's third-quarter earnings report reveals key financial metrics.Coherent (COHR -1.52%), a leader in photonics technology, released its third-quarter earnings for fiscal year 2024 on May 6. The company reported earnings and revenue that exceeded the top end of management's guidance range, except for a disappointing gross margin.MetricQ3 FY24 ResultManagement Guidance For Q3 FY24Q3 FY23 ResultChange from Q3 FY23Non-GAAP EPS$0.53$0.32-$0.52$0.58(8.6%)Revenue (billion)$1.21$1.12-$1.20$1. ...
Coherent Announces Date of Its Instrumentation Market Overview Webcast
Newsfilter· 2024-05-08 04:30
公司活动 - Coherent Corp. (NYSE:COHR)将于5月14日上午10:00在公司网站举办仪器市场概况网络研讨会[1] - 欲观看90分钟网络研讨会的个人可访问公司网站上的链接[2] 公司信息 - Coherent是一家全球领先的材料、网络和激光技术公司,总部位于宾夕法尼亚州Saxonburg,为工业、通信、电子和仪器市场提供创新技术[3] - 有关更多信息,请访问coherent.com[3] 联系方式 - 联系人为Paul Silverstein,担任高级副总裁,投资者关系和企业沟通,邮箱为investor.relations@coherent.com[4]