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AI English summary of an SEC filing — figures as filed

Coherent logoCoherent COHR

The company said revenue for the fourth quarter of fiscal Q4 rose 9.1% from a year earlier to $1.314 billion, and full-year revenue for fiscal June 30, 2024 was $4.708 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for the fourth quarter of fiscal Q4 rose 9.1% from a year earlier to $1.314 billion, and full-year revenue for fiscal June 30, 2024 was $4.708 billion.

  2. Coherent said GAAP diluted loss per share was $(0.52) and non-GAAP diluted earnings per share were $0.61 for Q4, while GAAP gross margin was 32.9% and non-GAAP gross margin was 37.2% for Q4.

  3. The company said it had cash of $926 million, gross debt of $4,170 million and net debt of $3,244 million as of June 30, 2024, and operating cash flow was $162 million for Q4.

  4. Coherent said it expects fiscal 2025 Q1 revenue of $1.27 billion to $1.35 billion, a non-GAAP gross margin of 36% to 38%, and non-GAAP EPS of $0.53 to $0.69.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Coherent Reports Q4 Revenue of $1.314 billion, Full-Year Revenue of $4.708 billion

The company said revenue for the fourth quarter of fiscal Q4 rose 9.1% from a year earlier to $1.314 billion, and full-year revenue for fiscal June 30, 2024 was $4.708 billion.

Source · Based on the filing body and exhibits

Q4 GAAP Loss of $(0.52) Per Share, Non-GAAP EPS of $0.61

Coherent said GAAP diluted loss per share was $(0.52) and non-GAAP diluted earnings per share were $0.61 for Q4, while GAAP gross margin was 32.9% and non-GAAP gross margin was 37.2% for Q4.

Source · Based on the filing body and exhibits

Cash of $926 million and Gross Debt of $4,170 million as of June 30

The company said it had cash of $926 million, gross debt of $4,170 million and net debt of $3,244 million as of June 30, 2024, and operating cash flow was $162 million for Q4.

Source · Based on the filing body and exhibits

Fiscal 2025 Q1 Outlook: Revenue of $1.27 billion to $1.35 billion

Coherent said it expects fiscal 2025 Q1 revenue of $1.27 billion to $1.35 billion, a non-GAAP gross margin of 36% to 38%, and non-GAAP EPS of $0.53 to $0.69.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.