Coherent Corp. reports first quarter fiscal 2027 revenue up 50% year on year
FROM THE WIRE · GLOBENEWSWIRE.COM
Q1 REVENUE OF $2.37B, INCREASED 50% Y/Y AND 56% Y/Y ON A PRO FORMA BASIS Q1 GAAP GROSS MARGIN OF 39.1%, INCREASED 254 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 40.6%, INCREASED 184 bps Y/Y Q1 GAAP EPS OF $1.90, INCREASED $0.71 Y/Y; Q1 NON-GAAP EPS OF $2.09, INCREASED $0.93 Y/Y…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong revenue and earnings growth with higher margins in the quarter, relevant for the photonics stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q1 revenue reached $2.37 billion.
- 02Non-GAAP gross margin was 40.6%, up 184 basis points year on year.
- 03Non-GAAP EPS was $2.09, up $0.93 year on year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets