Coherent, Inc. (COHR) Tops Q4 EPS by 3c; outlook below estimates

Coherent, Inc. (NASDAQ: COHR) reported Q4 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.15 billion.

GUIDANCE:

Coherent, Inc. sees Q4 2023 revenue of $1.0-1.1 billion, versus the consensus of $1.17 billion. Adjusted EPS is seen between $0.05 and $0.20, worse than the expected $0.46.

Coherent, Inc. sees FY2023 EPS of $1.00-$1.50, versus the consensus of $2.96. Coherent, Inc. sees FY2023 revenue of $4.5-4.7 billion, versus the consensus of $5.1 billion.

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

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