Coherent Corp. (COHR) reported a profit for its second quarter that Increases, from last year
The company's earnings totaled $145.1 million, or $0.76 per share. This compares with $71.1 million, or $0.44 per share, last year.
Excluding items, Coherent Corp. reported adjusted earnings of $248.2 million or $1.29 per share for the period.
The company's revenue for the period rose 17.5% to $1.685 billion from $1.434 billion last year.
Coherent Corp. earnings at a glance (GAAP) :
-Earnings: $145.1 Mln. vs. $71.1 Mln. last year.-EPS: $0.76 vs. $0.44 last year.-Revenue: $1.685 Bln vs. $1.434 Bln last year.
-Guidance:Next quarter EPS guidance: $ 1.28 B To $ 1.48 BNext quarter revenue guidance: $ 1.70 B To $ 1.80 B
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