StockStory12h agobearish
Coherent (NYSE:COHR) Surprises With Q1 CY2026 Sales But Stock DropsMaterials and photonics company Coherent (NYSE:COHR) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 20.5% year on year to $1.81 billion. On top of that, next quarter’s revenue guidance ($1.98 billion at the midpoint) was surprisingly good and 3.4% above what analysts were expecting. Its non-GAAP profit of $1.41 per share was 1.1% above analysts’ consensus estimates.
