COHR News and Press, Coherent Inc. From 04/29/24

2024-04-29 09:15:01 ET "Results from large telco providers and key suppliers continue to point to weak trends and ongoing inventory digestion," Malik noted. "Mar-Q capex for AT&T ( T ) and Verizon ( VZ ) declined by low teens and high 20s% Y/Y, respectively, with AT&T expect...

PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targeted to increase diversity, equity, and inclusion (DEI) in entrepreneurship, innovation, and advance...

PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- In support of Earth Day 2024, Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company is now obtaining approximately 70% of its global electricity needs from renewable energy sources. In tot...

PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended March 31, 2024, in a shareholder letter posted on Coherent’s website a...

2024-04-12 07:24:46 ET More on Ciena Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment Ciena Corporation (CIEN) Q1 2024 Earnings Call Transcript Ciena Corporation 2024 Q1 - Results - Earnings Call Presentation Ciena tumbles even as Q1 r...

2024-04-10 07:16:43 ET Coherent ( NYSE: COHR ) has secured $15M in funding under the CHIPS Act to accelerate commercialization of wide- and ultrawide-bandgap semiconductors.... Read the full article on Seeking Alpha For further details see: Coherent gets $15M CHI...

PITTSBURGH, April 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in wide- and ultrawide-bandgap semiconductors, today announced that it secured $15 million in funding from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022 that provi...

PITTSBURGH, April 08, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in advanced optical systems, announced today an agreement with the Space Foundation Discovery Center , located in Colorado Springs, Colorado, to provide on loan a demonstration mirror developed for the James ...

2024-04-05 11:26:40 ET Citi Research analysts listed their top buy-rated and sell-rated stocks within the information technology sector ( NYSEARCA: XLK ).... Read the full article on Seeking Alpha For further details see: Buy-rated and sell-rated stocks within Techno...

2024-04-03 11:59:39 ET Summary Coherent is experiencing strong demand and interest for their 800g transceiver technology due to AI/ML application adoption. Despite traditional networking equipment's headwinds, higher gig rate equipment will drive growth in e2H24-2025. Manageme...