Coherent Corp Q4 GAAP loss $178.2M ($1.54/sh); non-GAAP EPS $0.41

COHERENT CORP.

2023-FY EPS reported -$2.93 revenue$5,160,100,000

Q4 FY2023 revenue $1.205B, up 36% YoY; FY2023 revenue $5.16B, up 56% from $3.32B.
GAAP net loss of $178.2M in Q4 ($1.54 diluted loss per share) vs. net income of $43.6M a year ago.
Non-GAAP net earnings $94.9M in Q4 ($0.41 diluted EPS) vs. $133.7M ($0.98) a year ago.
Full-year GAAP net loss $259.5M ($2.93 loss per share); non-GAAP net earnings $567.4M ($3.00 per share).
GAAP operating income was negative $155.2M in Q4 vs. positive $114.2M in Q4 2022.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COHERENT CORP. reported financial results for fourth quarter and fiscal year ended June 30, 2023.

Period: fourth quarter and fiscal year ended June 30, 2023
Result: reported results

Exact text from the filing

On August 15, 2023, Coherent Corp. (the “Company”) issued a press release (“Press Release”) announcing it has publicly disseminated a shareholder letter (the “Shareholder Letter”) with its financial results for the fourth quarter and fiscal year ended June 30, 2023 (the “financial results”)

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COHERENT CORP. filing history →

Source: SEC EDGAR

accession 0001193125-23-213587

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