Coherent Stock News

Coherent (formerly II-VI) has faced operational headwinds and a debt overhang, leading to a re-rated stock. Shares have doubled in a few weeks due to AI/ML hype over the past summer but have since dro

Coherent and Lumentum are both leading laser and optical chip makers. Coherent is larger and operates a growing silicon carbide business.

Coherent expanded through acquisitions over the past three decades. It expects to profit from the growth of the silicon carbide and AI markets.

Two major players in Japanese industry are investing $1 billion into a key company business. The pair are manufacturers Mitsubishi Electric and Denso.

Coherent's stock has stayed nearly flat since its acquisition by II-VI last year. Sluggish sales of its legacy products are offsetting its stronger sales of AI communications chips and silicon carbide

Two Japanese automakers will invest $1 billion in Coherent's silicon carbide business. Coherent will own 75% of the new subsidiary.

Coherent Corp shares jumped on Tuesday following the announcement of a substantial $1 billion investment into its silicon carbide business from two Japanese manufacturers. Denso Corporation and Mitsub

Coherent Corp.'s stock COHR, -0.67% jumped 3.2% premarket Tuesday, after the materials, networking and lasers company said it has concluded a review of its silicon carbide business and will receive $1

PITTSBURGH, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that its thought leaders will present at speaking even

Coherent Corp shares are up Monday following reports that the semiconductor company has drawn investment interest from Japanese firms.  A quartet of Japanese conglomerates has discussed taking a mino

No less than four large Japanese companies are eager to invest in one of the company's key businesses, according to a media report. The report helped the stock zoom higher on Friday.

PITTSBURGH, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold a Communications Market Ove

Coherent beat expectations with its fiscal fourth-quarter results despite continued macroeconomic uncertainty. But those macro headwinds are also limiting near-term growth and visibility, causing the

Coherent's Q4 results actually beat expectations. But the company's forward guidance came in much weaker than the market had anticipated.

Coherent expects to report fiscal first-quarter earnings of 5 cents a share to 20 cents a share on revenue between $1 billion and $1.1 billion.