SAXONBURG, Pa., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced that its Chief Technology Officer, Dr. Julie Sheridan Eng, and its Chief Marketing Officer, Dr. Sanjai Parthasarathi, along with other experts will participate in key thought leadership sessions at the European Conference on Optical Communication (ECOC) 2025, to be held September 29 – October 1, 2025, at the Bella Center in Copenhagen, Denmark.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
SAXONBURG, Pa., Sept. 05, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced today its membership in the Diode Technology Working Group within the STARFIRE Hub, a collaborative initiative led by Lawrence Livermore National Laboratory (LLNL) to accelerate the development of inertial fusion energy (IFE).
SAXONBURG, Pa., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the debut of its EDGE FL30 fiber laser, a groundbreaking 30 kW laser source engineered to deliver unmatched performance in metal cutting applications. With exceptional brightness transmitted through a 100 μm beam delivery fiber, the EDGE FL30 establishes a new benchmark for high-power, thick sheet cutting.
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Shares of materials and photonics company Coherent (NYSE:COHR) fell 23.2% in the morning session after the company issued disappointing revenue guidance for its upcoming third quarter, which overshadowed its otherwise strong second-quarter financial results. For its second quarter of calendar year 2025, Coherent reported revenue of $1.53 billion and an adjusted earnings per share (EPS) of $1.00, beating Wall Street's expectations on both fronts. However, the positive results were undermined by the company's forecast for the third quarter. Coherent guided for third-quarter revenue of approximately $1.53 billion, which came in slightly below analysts' consensus estimate of $1.54 billion. This weaker-than-expected outlook signaled potential headwinds, leading investors to focus on future growth concerns rather than the solid quarterly performance, prompting a sell-off in the shares.
Wall Street struggled to extend record highs on Thursday, as investors opted to lock in profits and adopt a more cautious stance after U.S. producer inflation posted its largest increase in three years.
Miami International shares soared more than 40% in their debut on the NYSE on Thursday. The options exchange operator raised $345 million through the IPO.
