NYSE:COHRElectronic
Coherent (NYSE:COHR) Posts Q3 Sales of US$1,498 Million
Coherent (NYSE:COHR) recently made headlines with a strong performance, reporting third-quarter sales of $1,498 million and a net income of $16 million, turning around a net loss from the previous year. This positive financial news coincides with a 43% rise in the company's stock price over the past month. The launch of the Axon FL fiber coupling module, designed for neuroscientific applications, and the promising revenue guidance for the forthcoming quarter could have further enhanced...