Coherent Corp. (COHR)

The company now

Coherent reported first-quarter fiscal 2027 revenue of $2.37 billion on 4 November 2026, up 50 percent from a year earlier 1. Gross margin under US accounting rules was 39.1 percent, and diluted earnings per share were $1.90 1.

The growth came from the Datacenter and Communications segment, whose revenue rose 79 percent to $1.95 billion on demand from AI datacenters 2. Industrial revenue fell 15 percent to $419 million, mainly because two businesses were sold 2.

The company expects second-quarter revenue of $2.55 billion to $2.75 billion and fiscal 2027 pro forma revenue growth above 60 percent 1. It set a new goal of a quarter with adjusted gross margin above 45 percent before the end of calendar 2028 1.

Spending on property, plant and equipment was $776 million in the quarter, and operations used $93 million of cash as inventory rose 2. Total debt obligations were $4.0 billion at 30 September 2026, against $3.2 billion at 30 June 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.