secwatch.observer — SEC 8-K summary
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Issuer:     COHERENT CORP. (COHR)
CIK:        0000820318
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001193125-23-027572
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coherent Corp. reports record Q2 revenue $1.37B, up 70% YoY; GAAP EPS -$0.58, Non-GAAP EPS $0.95
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- Record revenue $1,370M, up 70% YoY; organic growth 23%; backlog $2.9B, up 68% YoY.
- GAAP net loss $45.1M (-$0.58 EPS); Non-GAAP net earnings $171.4M ($0.95 EPS).
- Telecom and Datacom revenue strong; Silicon Carbide materials scaling up capacity and throughput.
- Integration synergies $30M annualized achieved; on track to $65M. Debt retired $133M in quarter.
- Q3 guidance: revenue $1.32B-$1.37B, Non-GAAP EPS $0.75-$0.90; FY23 revenue $5.35B-$5.5B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820318/000119312523027572/0001193125-23-027572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820318/000119312523027572/d342820d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-027572

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer