NYSE:COHRElectronic
Coherent (COHR) Reports 22% Quarterly Sales Rise Despite Losses
Coherent (COHR) recently launched its EDGE FL30 fiber laser, a move aligned with the company's dedication to innovation in high-power cutting technology. Their collaboration with the Lawrence Livermore National Laboratory in fusion energy development reflects the company's focus on advancing sustainable energy solutions. These initiatives come amidst a 22% rise in quarterly sales, even though the company still reported losses. Coherent's share price, climbing 22% last quarter, aligns with...