COHR Q1 2024 Earnings — Coherent, Inc. Revenue & Financial Results | Market Cap Arena

COHRCoherent, Inc.

$42B

Q1 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1.1B-21.7% YoY

Gross Profit

$307M29.1% margin

Operating Income

-$18M-1.7% margin

Net Income

-$68M-6.4% margin

EPS (Diluted)

$-0.65

QoQ Revenue Growth

-12.6%

Cash Flow

Operating Cash Flow

$199M

Free Cash Flow

$137M

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$13.5B

Total Liabilities

$6.4B

Stockholders' Equity

$7.1B

Cash & Equivalents

$941M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.3B	-21.7%
Gross Profit	$307M	$444M	-30.8%
Operating Income	-$18M	$42M	-143.1%
Net Income	-$68M	-$39M	-74.5%

Revenue Segments

Lasers Segment

$336M58%

Materials Segment

$245M42%