{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-139932","form_type":"8-K","ticker":"COHR","cik":"0000820318","company_name":"COHERENT CORP.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.356173+00:00","generated_at":"2026-06-15T07:32:40.769481+00:00","sec_items":["2.02","9.01","7.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Coherent Q3 revenue $1.24B, GAAP EPS $(0.24); plans restructuring, reviews SiC options","bullets":["Revenue $1.24B (+50% YoY, organic +6%); non-GAAP EPS $0.58 vs $0.95 prior year.","GAAP net income $2.5M, diluted EPS $(0.24) due to $0.58 per share adjustments.","Multi-year restructuring: site consolidation, head-count reduction, relocation to lower-cost sites.","Reviewing strategic alternatives for Silicon Carbide Business: minority investment, JV, or sale.","Guidance Q4: rev $1.125-1.175B, non-GAAP EPS $0.33-0.43; FY rev $5.08-5.15B."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-139932","json":"https://secwatch.observer/filing/0001193125-23-139932.json","markdown":"https://secwatch.observer/filing/0001193125-23-139932.md","text":"https://secwatch.observer/filing/0001193125-23-139932.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/820318/000119312523139932/0001193125-23-139932-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/820318/000119312523139932/d426278d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:32:40.769481+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3c1e7c1e660aa6bcd2b14da1cb767393fb574c01","claim":"COHERENT CORP. reported fourth fiscal quarter ending June 30, 2023 results: revenue $1,125 million to $1,175 million, EPS $0.33 to $0.43. Guidance reaffirmed.","evidence_excerpt":"The outlook for the fourth fiscal quarter ending June 30, 2023 is revenue of $1,125 million to $1,175 million and earnings per diluted share on a non-GAAP basis of $0.33 to $0.43.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/820318/000119312523139932/0001193125-23-139932-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth fiscal quarter ending June 30, 2023"},{"label":"Revenue","value":"$1,125 million to $1,175 million"},{"label":"EPS","value":"$0.33 to $0.43"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"cae13a82bf27f73cb3ed41e0abf41b598d41f9c2","claim":"COHERENT CORP. reported fiscal 2023 third quarter ended March 31, 2023 results: revenue $1.24 billion, EPS $(0.24). Guidance reaffirmed.","evidence_excerpt":"Coherent Corp. Reports Fiscal 2023 Third Quarter Results • Revenue of $1.24 billion, Grew 50% Year-Over-Year • Organic Revenue Growth of 6% Year-Over-Year • Backlog of $2.6 billion, Grew 23% Year-Over-Year • Quarterly Operating Cash Flow of $152 million • GAAP EPS of $(0.24) • Non-GAAP EPS of $0.58 • Establishes multi-year restructuring plan","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/820318/000119312523139932/0001193125-23-139932-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 third quarter ended March 31, 2023"},{"label":"Revenue","value":"$1.24 billion"},{"label":"EPS","value":"$(0.24)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}