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via finance.yahoo.comMarkets

Coherent (COHR) falls almost 13% despite strong Q1 results

FROM THE WIRE · FINANCE.YAHOO.COM

Coherent just handed in a strong Q1 2027 report and the stock dropped almost 13% to about US$169 by the close. On the surface that move looks brutal. Underneath it, the photonics specialist posted US$2.37b in sales and basic earnings per share of US$1.96, both well ahead of…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock drops on expectation resets even though revenue and earnings rose sharply.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The stock fell almost 13% to about US$169 at the close.
  2. 02Q1 revenue was US$2,370.3m versus US$1,581.4m a year earlier.
  3. 03Basic EPS was US$1.96.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Coherent, Inc.COHRStock169.76 USDMarket closedtoday -12.98%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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