Needham & Company Downgrades Coherent (COHR) to Hold after Q4 Miss, Weak Outlook

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Coherent, Inc. (COHR) Misses Q4 EPS by 14c

October 31, 2012 4:07 PM EDT

Coherent, Inc. (NASDAQ: COHR) reported Q4 EPS of $0.71, $0.14 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $188.7 million versus the consensus estimate of $195.33 million.

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