Nov 4, 4:05 PM ET
Coherent Corp. reported its first quarter fiscal 2027 financial results, posting revenue of $2.37 billion and GAAP diluted earnings per share of $1.90. Driven by strong datacenter demand and operational improvements, management raised longer-term gross margin targets and issued positive guidance for the second quarter.
- Q1 revenue reached $2.37 billion, representing a 50% increase year-over-year.
- Q1 GAAP diluted EPS was $1.90, compared to $1.19 in the same period last year.
- Q2 fiscal 2027 revenue is expected to be between $2.55 billion and $2.75 billion.
Read the filing on SEC.gov ↗
Aug 31, 8:00 AM ET
Coherent's Compensation Committee approved special performance stock units (PSUs) on August 27, 2026, for five senior leaders, including CEO James R. Anderson with a $50 million target value. The awards are not part of the regular pay program, and they vest only if stock price hurdles from $454.43 to $757.77 are met alongside relative total shareholder return above the 50th percentile, with a four-year performance period and a one-year holding period after that.
- Total target value of about $100 million: Anderson $50 million, CFO Sherri Luther $15 million, Julie Eng $15 million, Rob Beard $15 million, Jeffrey Place $5 million
- Four stock price hurdles range from $454.43 (10% of target earned) to $757.77 (200% earned), measured over 60 consecutive calendar days
- Awards may vest only after the four-year Performance Period ends, and vested shares cannot be traded for five years from the grant date
- Forfeiture applies to unearned PSUs on voluntary resignation, termination for cause, or termination without cause before milestones are met, including death or disability
Read the filing on SEC.gov ↗
Aug 12, 4:10 PM ET
Coherent reported fourth-quarter fiscal 2026 revenue of $2.05 billion, up 34% from a year earlier, and GAAP diluted earnings of $1.19 per share, compared with a loss of $0.83 per share in the same quarter last year. The company also guided first-quarter fiscal 2027 revenue to $2.2 billion to $2.4 billion and non-GAAP EPS to $1.85 to $2.05.
- Q4 fiscal 2026 revenue was $2.05 billion, up 34% year over year and up 13.3% from the prior quarter.
- GAAP gross margin was 38.5%, up 277 basis points year over year; non-GAAP gross margin was 40.2%.
- Q4 non-GAAP diluted EPS was $1.74, up $0.74 from $1.00 a year earlier.
- Q1 fiscal 2027 guidance: revenue of $2.2 billion to $2.4 billion and non-GAAP EPS of $1.85 to $2.05.
Read the filing on SEC.gov ↗
May 6, 4:10 PM ET
Coherent reported third-quarter fiscal 2026 revenue of $1.81 billion, up 21% from a year earlier, with GAAP diluted earnings per share of $0.97 versus a loss of $0.11 a year earlier. The company also projected fourth-quarter revenue of $1.91 billion to $2.05 billion and non-GAAP EPS of $1.52 to $1.72, which gives shareholders a current view of expected near-term results.
- Q3 fiscal 2026 revenue was $1.81 billion, up 21% year over year and up 27% on a pro forma basis.
- GAAP diluted EPS was $0.97 versus a loss of $0.11 in Q3 fiscal 2025; non-GAAP diluted EPS was $1.41 versus $0.91.
- GAAP gross margin was 37.7%, up 243 basis points year over year; non-GAAP gross margin was 39.6%.
- Fourth-quarter fiscal 2026 guidance: revenue of $1.91 billion to $2.05 billion and non-GAAP EPS of $1.52 to $1.72.
Read the filing on SEC.gov ↗
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