Coherent posts record Q1 revenue, beats earnings and raises outlook
+2 new sources since this summary was written
Coherent Corp. reported fiscal Q1 2027 revenue of $2.37 billion, up 50% year‑over‑year, and non‑GAAP earnings of $2.09 per share, surpassing analyst forecasts. The company announced a $20 billion long‑term PhotonLink agreement and said it is on track for a $3 billion quarterly revenue run by the end of fiscal 2027. Guidance for the next quarter was set at $2.55‑$2.75 billion of revenue and $2.28‑$2.48 per share of EPS.
Why it matters
The earnings beat and higher guidance suggest stronger demand for Coherent’s AI‑data‑center products, which could lift the stock price. The $20 billion PhotonLink deal provides long‑term revenue visibility and supports the $3 billion quarterly revenue target mentioned by management.
Key facts
- 1Revenue was $2.37 billion, up 50% year‑over‑year. finance.biggo.com
- 2Non‑GAAP EPS was $2.09, an 80% year‑over‑year increase. finance.biggo.com
- 3Coherent signed a $20 billion long‑term PhotonLink agreement. finance.biggo.com
- 4Management expects a $3 billion quarterly revenue run by the end of fiscal 2027. finance.biggo.com
- 5Q2 guidance: revenue $2.55 billion‑$2.75 billion. finance.biggo.com
- 6Q2 guidance: non‑GAAP EPS $2.28‑$2.48 per share. finance.biggo.com
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.