IIVI - Coherent Corp.
| Previous close | 179.19 |
| Open | 179.87 |
| Bid | 73.22 x 1100 |
| Ask | 194.25 x 1100 |
| Day's range | 179.87 - 182.67 |
| 52-week range | 122.99 - 263.33 |
| Volume | |
| Avg. volume | 12,204 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.51 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 12.00 (6.76%) |
| Ex-dividend date | 14 Mar 2023 |
| 1y target est | N/A |
- GlobeNewswire
Coherent Introduces New HIGHmotion 2D Laser Processing Head Optimized for Deep Copper Welds Over Wide Working Areas in EV Applications
PITTSBURGH, June 01, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in advanced laser processing solutions, today introduced its new HIGHmotion 2D laser processing head that is rated for 8 kW beam delivery and which has been optimized for deep copper welds over wide working areas in electric vehicle (EV) manufacturing applications. The electrification of transportation and the rise of industry 4.0 are accelerating the demand for laser processing systems for battery manufacturing
- GlobeNewswire
Coherent Introduces New Laser Welding Head With Tactile Seam-Tracking Technology for Electric Vehicle Manufacturing
PITTSBURGH, May 31, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in advanced laser processing solutions, today introduced HIGHtactile, a new laser welding head with tactile seam-tracking technology ideal for electric vehicle (EV) manufacturing applications. The growing demand for EVs is expanding applications for lasers in automotive manufacturing, spurring innovations in process automation and improvements in laser usability. Coherent introduced HIGHtactile, a laser processing
- GlobeNewswire
Coherent Introduces 1 kW Optical Isolator for High-Energy Ultrashort-Pulse Lasers
PITTSBURGH, May 30, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in advanced laser materials processing solutions, today introduced the PAVOS kW Ultra, an optical isolator that is robustly designed to withstand up to 1 kW of power and is specifically targeting applications involving high-energy ultrashort-pulse (USP) lasers. The growing adoption of carbon-fiber-reinforced polymer (CFRP) in automotive and aerospace applications is one of many megatrends driving the demand for US
- GlobeNewswire
Coherent and Mitsubishi Electric Enter Into a Collaboration to Scale Manufacturing of SiC Power Electronics on a 200 mm Technology Platform
PITTSBURGH and TOKYO, May 26, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, and Mitsubishi Electric Corporation (TOKYO: 6503) today announced that they have signed a memorandum of understanding (MOU) to collaborate on a program to scale manufacturing of SiC power electronics on a 200 mm technology platform. The market for electric vehicles is expanding worldwide and is just one of several emerging applications driving the exponential
- GlobeNewswire
Coherent Corp. Chair and CEO Rings the Opening Bell® at the New York Stock Exchange
PITTSBURGH, May 23, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that its Chair and CEO, Dr. Vincent D. Mattera, Jr., will ring The Opening Bell® at the New York Stock Exchange on Tuesday, May 23, 2023, at 9:26 a.m. ET. “Coherent is deeply honored to be welcomed by the NYSE for the long-standing tradition of ringing the opening bell,” said Dr. Mattera. “We joined the New York Stock Exchange in part because of our aspi
- GlobeNewswire
Coherent to Present at the 51st Annual J.P. Morgan Global Technology, Media, and Communications Conference
PITTSBURGH, May 16, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the company will present at the following upcoming investor conference: 51st Annual J.P. Morgan Global Technology, Media, and Communications ConferenceDate: Monday, May 22Time: 10:00 a.m. ET ParticipantDr. Sanjai Parthasarathi, Chief Marketing Officer A real-time audio webcast of the presentation can be accessed via the Investor Relations section of
- GlobeNewswire
Coherent Corp. Reports Fiscal 2023 Third Quarter Results
Revenue of $1.24 billion, Grew 50% Year-Over-YearOrganic Revenue Growth of 6% Year-Over-YearBacklog of $2.6 billion, Grew 23% Year-Over-YearQuarterly Operating Cash Flow of $152 millionGAAP EPS of $(0.24) Non-GAAP EPS of $0.58Establishes multi-year restructuring plan PITTSBURGH, May 10, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE:COHR) ("Coherent," “We” or the "Company") today reported results for its fiscal 2023 third quarter ended March 31, 2023. “We posted third quarter revenues of $1.24 bi
- GlobeNewswire
Coherent to Host FY 2023 Third-Quarter Conference Call
PITTSBURGH, April 28, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold a conference call on Wednesday, May 10, 2023, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO, and Mary Jane Raymond, Chief Financial Officer. The third-quarter results for FY 2023 will be released before the market opens on Wednesday, May 10, 2023, and will be posted on the comp
- GlobeNewswire
Coherent Significantly Reduces Its Global Carbon Footprint With the Establishment of Worldwide Renewable Energy Contracts
PITTSBURGH, April 21, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the company is now obtaining greater than 50% of its global electricity needs from renewable energy sources. Coherent powers more than 80% of its sites around the world from renewable electricity. In total, this represents over 500 million kWh of renewable electricity per year, thereby avoiding over 85,000 metric tons of CO2 emissions annually. Co
- GlobeNewswire
Coherent Awarded Phase 2 of IARPA RESILIENCE Program for High-Energy Rechargeable Lithium-Sulfur Batteries
PITTSBURGH, April 06, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in engineered materials, today announced that it was awarded Phase 2 of its high-energy rechargeable lithium-sulfur (Li-S) battery development contract with the U.S. Intelligence Advanced Research Projects Activity (IARPA), under the multiyear Robust Energy Sources for Intelligence Logistics In Extreme, Novel, and Challenging Environments (RESILIENCE) program. This follows the successful completion of Phase 1 of
- GlobeNewswire
Coherent Unveils Patented Module Architecture for Ultracompact Dynamic Illumination and Sensing with Backside-emitting VCSEL Arrays
PITTSBURGH, March 30, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical sensing, today unveiled a patented module architecture for ultracompact dynamic illumination and sensing with backside-emitting vertical-cavity surface-emitting laser (VCSEL) arrays. The rapidly growing number of applications for optical sensing in consumer electronics is driving the demand for optoelectronic subassemblies that fit in smaller spaces and achieve higher performance. Coherent’s patented
- GlobeNewswire
Coherent to Hold Industry-First Live Demonstration of 200G PAM4 Mach-Zehnder Modulated Laser Technology at OFC 2023
PITTSBURGH, March 07, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical communications components and subsystems, today announced that it will hold a live demonstration of its 200G four-level pulse amplitude modulation (PAM4) Mach-Zehnder modulated laser technology at OFC 2023 in San Diego, March 7-9, booth #3815. This live demonstration will showcase a distributed feedback laser (DFB) and Mach-Zehnder modulator combined monolithically in a photonic integrated circuit (PI
- GlobeNewswire
Coherent to Demonstrate 200G per Lane for 800G and 1.6T Transceivers at OFC 2023
Coherent will also demonstrate its 800G co-packaged multimode optical engine.PITTSBURGH, March 07, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical communications components and subsystems, today announced that it will demonstrate an optical transceiver module operating at 200 Gbps per optical lane and co-packaged optical (CPO) multimode optical engine operating at 50 Gbps NRZ at OFC 2023 in San Diego, March 7-9, booth #3815. These pluggable and co-packaged modules embod
- GlobeNewswire
Coherent Thought Leaders to Present at OFC 2023
PITTSBURGH, March 02, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that its thought leaders will present at panels, technical sessions, and other events at OFC 2023, March 7-9 at the San Diego Convention Center. INVITED SPEAKERS Optoelectronic Components for Communications and Sensing (Session D3: Active Components)Presenter: Dr. Julie Sheridan EngTuesday, March 7, 2:00 p.m.Room 2 PANELS Market Watch Panel II: PAM vs.
- GlobeNewswire
Coherent to Showcase Award-Winning 100G and 400G Coherent Transceivers at OFC 2023
Coherent will premiere its 100ZR transceiver enabled by the internally developed Steelerton™ digital signal processor (DSP), the first purpose-built DSP for 100ZR applications, optimized for the lowest power dissipation and smallest sizePITTSBURGH, March 01, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in transceivers for optical communications, today announced that it will showcase its award-winning 100G and 400G digital coherent optics (DCO) transceivers across a live network
- GlobeNewswire
Coherent Introduces 100G PAM4 VCSEL and Photodiode Arrays for 800G Transceivers and Active Optical Cables
PITTSBURGH, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in datacom transceiver components, today announced the introduction of its 100G PAM4 vertical-cavity surface-emitting laser (VCSEL) and photodiode (PD) arrays for 800G short-reach datacom pluggable transceivers and active optical cables (AOCs.) Cloud and AI service providers are ramping up deployments of short-reach 800G transceivers and AOCs for their megascale datacenter buildouts. Coherent introduced eight-ele
- GlobeNewswire
Coherent to Present at the Susquehanna 12th Annual Technology Conference
PITTSBURGH, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will present at the following upcoming investor conference: Susquehanna 12th Annual Technology ConferenceDate: Friday, March 3, 2023Time: 3:00 p.m. ET ParticipantsMary Jane Raymond, Chief Financial OfficerDr. Sanjai Parthasarathi, Chief Marketing Officer A real-time audio webcast of the presentation can be accessed via the Investor Rela
- GlobeNewswire
Coherent Corp. Began Trading on the NYSE
Coherent Corp. Announces the Completion of the Transfer of Common Stock and Series A Mandatory Convertible Preferred Stock Listings to the New York Stock ExchangePITTSBURGH, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, today announced the completion of the transfer of the listing of its common stock and its 6.00% Series A Mandatory Convertible Preferred Stock to the New York Stock Exchang
- GlobeNewswire
Coherent Thought Leaders to Present at ECOC 2022 and Showcase New Products With Live Technology Demonstrations
PITTSBURGH, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), the world’s leading supplier of components and modules for optical communications, today announced that it is exhibiting at ECOC 2022 in Basel, Switzerland, Sept. 19-21, booth #1. Coherent thought leaders will present at ECOC’s Market Focus on advanced technologies for optical networks as follows: 800G and 1.6T Upgrade Cycles for Datacom: Continued Significance of Direct DetectionVipul Bhatt - VP, Marketing, Datacom Ve
- GlobeNewswire
Coherent Introduces Ultrahigh-Resolution Telemetry Module for Embedded Performance Monitoring in 800G Optical Transport Systems
PITTSBURGH, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in optical communications technology, today announced the introduction of its ultrahigh-resolution telemetry module, or optical channel monitor (UHR-OCM), for embedded performance monitoring in optical transport systems transmitting at up to 800G and beyond. Communications service providers are rapidly scaling up the capacity of optical networks to support the exponential growth of internet traffic, driving th
- GlobeNewswire
Coherent Introduces 200G Indium Phosphide Electro-Absorption Modulated Lasers for High-Speed Datacenter Transceivers
PITTSBURGH, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in optical communications components and subsystems, today announced the introduction of its 200 Gbps indium phosphide (InP) electro-absorption modulated lasers (EMLs) for high-speed datacenter transceivers. The growing demand for 400G and 800G transceivers and the anticipated demand for next-generation 1.6 Tbps transceivers for intra-datacenter communication are rapidly driving a technology shift towar
- GlobeNewswire
Coherent Introduces I-Temp Micro-Pump Lasers for Extended Temperature Operation in Broadband Optical Access Networks
PITTSBURGH, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in pump laser technology for optical networks, today announced the introduction of its I-Temp micro-pump lasers for extended ambient temperature operation in broadband optical access networks. The growing demand for broadband services is bringing fiber-optic networks closer to subscribers, with environmentally hardened equipment deployed in uncontrolled ambient environments where space is constrained and the a
- GlobeNewswire
Coherent Awarded Contract to Develop Optical Transceivers for the DARPA Space-BACN Program
PITTSBURGH, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in photonics for communications and aerospace & defense, today announced that it has won a Defense Advanced Research Projects Agency (DARPA) contract to develop coherent optical transceiver technology for the agency’s Space-Based Adaptive Communications Node (Space-BACN) program. The aim of Space-BACN is to create low-cost, high-speed, reconfigurable, laser-based data links that will enable communications betw
- GlobeNewswire
II-VI Changes Name to Coherent and Launches New Brand Identity
PITTSBURGH, Sept. 08, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced a corporate name change to Coherent Corp. (Nasdaq: COHR) and a new brand identity, following the successful completion of II-VI’s acquisition of Coherent, Inc., on July 1, 2022. “We chose the name Coherent because it has the universal meaning of ‘bringing things together,’ and an appeal that we believe will expand our brand recognition
- GlobeNewswire
II-VI Incorporated to Present at the Citi 2022 Global Technology Conference
PITTSBURGH, Sept. 02, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference: Citi 2022 Global Technology Conference•Date:Friday, September 9, 2022•Time:9:00 a.m. ET•Location: New York Hilton Midtown, 1335 Avenue of the Americas, New York City Participants•Dr. Vincent D. Mattera, Jr., Chair and CEO•Mary Jane Raymond, Chief Financi
