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Mar 31, 2024

Coherent Q3 2024 Earnings Report

Coherent released financial results for the third quarter of fiscal year 2024.

Key Takeaways

Coherent Corp. announced the financial results for its third quarter of fiscal year 2024.

Coherent Corp. released its third-quarter fiscal year 2024 financial results.

The results were posted as a letter to shareholders on the Investor Relations section of its website.

A conference call to discuss the results was scheduled for May 7, 2024.

The company delivers innovations in diversified applications for the industrial, communications, electronics, and instrumentation markets.

Total Revenue
$1.21B
Previous year: $1.24B
-2.5%
EPS
$0.53
Previous year: $0.58
-8.6%
Gross Profit
$366M
Previous year: $420M
-12.8%
Cash and Equivalents
$1.08B
Previous year: $884M
+22.4%
Free Cash Flow
$24.2M
Previous year: $55M
-56.0%
Total Assets
$14.5B
Previous year: $14.1B
+2.9%

Coherent

Coherent