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PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) Coherent Corp. (NYSE:COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal year 2024. These
Coherent had forecast $1.12 billion to $1.2 billion in sales in the quarter ended March 31. Industry analysts surveyed by Zacks Investment Research expected $1.17 billion.
Coherent Corp., a maker of lasers and semiconductors that has operations in Northampton County, is forecast to report a small decline in fiscal third-quarter revenue on Monday.
The maker of lasers and semiconductor materials will help a foundation that promotes entrepreneurship at Historically Black Colleges and Universities (HBCUs) and give to a scholarship program for Black scientists.