Shares of materials and photonics company Coherent (NYSE:COHR) fell 23.2% in the morning session after the company issued disappointing revenue guidance for its upcoming third quarter, which overshadowed its otherwise strong second-quarter financial results. For its second quarter of calendar year 2025, Coherent reported revenue of $1.53 billion and an adjusted earnings per share (EPS) of $1.00, beating Wall Street's expectations on both fronts. However, the positive results were undermined by the company's forecast for the third quarter. Coherent guided for third-quarter revenue of approximately $1.53 billion, which came in slightly below analysts' consensus estimate of $1.54 billion. This weaker-than-expected outlook signaled potential headwinds, leading investors to focus on future growth concerns rather than the solid quarterly performance, prompting a sell-off in the shares.
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Materials and photonics company Coherent (NYSE:COHR) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 16.4% year on year to $1.53 billion. On the other hand, next quarter’s revenue guidance of $1.53 billion was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $1 per share was 8.7% above analysts’ consensus estimates.
Coherent Corp. (NYSE:COHR) posted Q4 revenue growth but missed EPS estimates, sparking a stock drop. Strategic shifts include selling its Aerospace & Defense unit and focusing on AI datacenter tech.
