From Financial Modeling Prep: 2025-02-06 06:28:00

Coherent (NYSE:COHR) shares surged 15% pre-market after reporting Q2 earnings of $0.95 per share, beating estimates of $0.69. Revenue hit $1.44 billion, up 27% YoY and exceeding the $1.37 billion consensus. Demand for AI-driven data center apps and telecom growth fueled the strong quarter.

Coherent’s profitability improved, with GAAP gross margin at 35.5% (452-basis-point increase) and non-GAAP gross margin at 38.2% (363 basis points higher). The company expects Q3 earnings per share between $0.75 and $0.95, with revenue projected to range from $1.39 billion to $1.48 billion, in line with Wall Street estimates.



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