The company said revenue for Q2 ended December 31, 2024 was $1.43 billion, with GAAP gross margin of 35.5% and diluted EPS of $0.44. The company said GAAP gross margin rose 452 basis points from a year earlier.

1. 01

   The company said revenue for Q2 ended December 31, 2024 was $1.43 billion, with GAAP gross margin of 35.5% and diluted EPS of $0.44. The company said GAAP gross margin rose 452 basis points from a year earlier.

2. 02

   Coherent said non-GAAP gross margin was 38.2% and non-GAAP diluted EPS was $0.95 for Q2. It said the non-GAAP figures exclude adjustments for share-based compensation, amortization of acquired intangibles, restructuring charges and integration costs.

3. 03

   The company reported Networking revenue of $815.9 million for Q2 ($524.2 million a year earlier), Lasers revenue of $375.3 million and Materials revenue of $243.5 million. Operating cash flow for the 6 months was $340.4 million, and Chief Financial Officer Sherri Luther said the company paid down $132 million of debt in Q2.

4. 04

   Coherent said it expects revenue of $1.39 billion to $1.48 billion for Q3, non-GAAP gross margin of 37% to 39% and non-GAAP total operating expenses of $285 million to $305 million. Its non-GAAP EPS outlook is $0.75 to $0.95.

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.

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

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