secwatch.observer — SEC 8-K summary
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Issuer:     COHERENT CORP. (COHR)
CIK:        0000820318
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001193125-24-252062
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Coherent Q1 FY25 revenue $1.35B (+28% YoY); non-GAAP EPS $0.74 (+357% YoY)
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- Revenue $1.35B, up 28% YoY and 2.6% QoQ, driven by AI-related Datacom transceivers.
- GAAP gross margin 34.1% (up 499 bps YoY); non-GAAP gross margin 37.7% (up 293 bps YoY).
- GAAP diluted EPS improved to ($0.04) from ($0.65) YoY, a 94% improvement.
- Non-GAAP diluted EPS $0.74, up from $0.16 YoY (+357%).
- Paid down $118M of outstanding debt during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820318/000119312524252062/0001193125-24-252062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820318/000119312524252062/d857703d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-252062

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