Coherent Corp. reports Q3 revenue of $1.806 billion, exceeding IBES estimate of $1.78 billion.
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Third quarter adjusted operating revenue was $366 million, compared to the IBES estimate of $372.3 million. Third quarter adjusted earnings per share (EPS) were $1.41, compared to the IBES estimate of $1.40. Third quarter adjusted net profit was $276 million, compared to the IBES estimate of $272.2 million. Fourth quarter revenue is expected to be between $1.91 billion and $2.05 billion, with adjusted EPS estimated to be between $1.52 and $1.72.
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