Coherent, Inc. (COHR) Tops Q2 EPS by 11c; initiates 3Q & raises FY24 guidance

Coherent, Inc. (NASDAQ: COHR) reported Q2 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.12 billion.

GUIDANCE:

Coherent, Inc. sees Q3 2024 EPS of $0.32-$0.52, versus the consensus of $0.37. Coherent, Inc. sees Q3 2024 revenue of $1.120-1.20 billion, versus the consensus of $1.168 billion.

Coherent, Inc. sees FY2024 EPS of $1.30-$1.70, versus the consensus of $1.32. Coherent, Inc. sees FY2024 revenue of $4.55-4.70 billion, versus the consensus of $4.583 billion.

For earnings history and earnings-related data on Coherent, Inc. (COHR) click here.

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