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Coherent, Inc. Reports Second Fiscal Quarter Results


SECOND FISCAL QUARTER DETAILS
For the second quarter of fiscal 2021, Coherent announced net sales of $374.0 million and net loss, on a U.S. generally accepted accounting principles (GAAP) basis, of $158.2 million, or $6.49 per diluted share. The net loss includes $179.2 million, net of tax, in merger and acquisition costs, primarily due to a merger agreement termination fee paid to Lumentum Holdings Inc.
These results compare to net sales of $293.1 million and net loss of $418.9 million, or $17.39 per diluted share, for the second quarter of fiscal 2020 and net sales of $326.1 million and net income of $0.1 million, or $0.01 per diluted share, for the first quarter of fiscal 2021. The net loss for the second quarter of fiscal 2020 includes $424.3 million, net of tax, in non-cash goodwill and other impairment charges, primarily related to the impairment of all goodwill and certain long-lived assets in the Industrial Lasers & Systems segment of our business. ....

United States , Mark Lourie , Exchange Commission , Lumentum Holdings Inc , Investor Relations Department , Coherent Inc , Securities Exchange , Lumentum Holdings , Industrial Lasers , Andy Mattes , Coherent President , Joint Proxy , Relations Department , Investor Relations , Securities Act , Securities Exchange Act , High Power Fiber Lasers , Nasdaq Global Select Market , ஒன்றுபட்டது மாநிலங்களில் , குறி லூரி , பரிமாற்றம் தரகு , முதலீட்டாளர் உறவுகள் துறை , பத்திரங்கள் பரிமாற்றம் , தொழில்துறை ஒளிக்கதிர்கள் , ஆண்டி மேட்டுகள் , கூட்டு ப்ராக்ஸி ,

Coherent, Inc. Provides Preliminary Fiscal First Quarter 2021 Financial Results


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SANTA CLARA, Calif., Jan. 19, 2021 /PRNewswire/  Coherent, Inc. (NASDAQ, COHR), one of the world s leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced preliminary financial results for its first fiscal quarter ended January 2, 2021.
Preliminary Results for the Fiscal First Quarter 2021
Revenue in the range of $325 - $327 million
GAAP gross profit in the range of $119.0M to $120.5M
GAAP operating income in the range of $16.4M to $17.6M
Non-GAAP gross profit in the range of $128.1M to $130.0M
Non-GAAP operating income in the range of $36.1M to $37.9M ....

United States , Kevin Palatnik , Coherent Inc , Company Executive Vice , Fiscal First Quarter , Executive Vice President , Chief Financial , Executive Transition Agreement , Transition Agreement , High Power Fiber Lasers , Nasdaq Global Select Market , ஒன்றுபட்டது மாநிலங்களில் , கெவின் பலத்தநிக் , நிறுவனம் நிர்வாகி துணை , நிதி முதல் காலாண்டு , நிர்வாகி துணை ப்ரெஸிடெஂட் , தலைமை நிதி , உயர் பவர் ஃபைபர் ஒளிக்கதிர்கள் , நாஸ்டாக் உலகளாவிய தேர்ந்தெடுக்கவும் சந்தை ,

Coherent and II-VI Partner on Turnkey Laser Welding Solution


Coherent and II‐VI Incorporated will collaborate on a supply agreement meant to enable faster process development and streamlined production services for automotive laser welding applications. Specifically, the combination of II-VI’s advanced laser processing heads and Coherent’s Adjustable Ring Mode (ARM) fiber laser technology delivers power adjustment and beam positioning on the fly to optimize welds at high speeds and qualities over large working areas, increasing process efficiency and decreasing ownership costs. The companies recommend this turnkey solution for high-strength alloy welding in automotive body-in-white applications and mass-production copper welding in electrification applications.
Coherent will provide customers with a single point of contact throughout the development and deployment of welding sub-systems combining the Coherent ARM fiber lasers and the II-VI RLSK and Highmotion 2D remote laser processing heads. ....

Karlheinz Gulden , Jarno Kangastupa , Vi Incorporated , Adjustable Ring Mode , High Power Fiber Lasers , Laser Devices , வி இணைக்கப்பட்டது , உயர் பவர் ஃபைபர் ஒளிக்கதிர்கள் , லேசர் சாதனங்கள் ,