Coherent Q1 Adj. EPS $2.09 Beats $1.97 Estimate, Sales $2.370B Beat $2.310B Estimate

Benzinga Newsdesk 8 hours ago

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Coherent (NYSE:COHR) reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $1.97 by 6.09 percent. This is a 80.17 percent increase over earnings of $1.16 per share from the same

Coherent (NYSE:COHR) reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $1.97 by 6.09 percent. This is a 80.17 percent increase over earnings of $1.16 per share from the same period last year. The company reported quarterly sales of $2.370 billion which beat the analyst consensus estimate of $2.310 billion by 2.61 percent. This is a 49.91 percent increase over sales of $1.581 billion the same period last year.

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