Coherent forecasts first-quarter revenue and adjusted EPS above estimates
Coherent reported fourth-quarter revenue of $2.05 billion, compared with an estimate of $1.99 billion. Fourth-quarter adjusted earnings per share were $1.74, versus an expectation of $1.62. The company expects first-quarter revenue of $2.2 billion to $2.4 billion, above the market estimate of $2.15 billion. Coherent forecasts first-quarter adjusted earnings per share of $1.85 to $2.05, compared with an estimate of $1.79.
Coherent reported fourth-quarter revenue of $2.05 billion, compared with an estimate of $1.99 billion. Fourth-quarter adjusted earnings per share were $1.74, versus an expectation of $1.62.
The company expects first-quarter revenue of $2.2 billion to $2.4 billion, above the market estimate of $2.15 billion. Coherent forecasts first-quarter adjusted earnings per share of $1.85 to $2.05, compared with an estimate of $1.79.
The company expects first-quarter revenue of $2.2 billion to $2.4 billion, above the market estimate of $2.15 billion. Coherent forecasts first-quarter adjusted earnings per share of $1.85 to $2.05, compared with an estimate of $1.79.