Latest news with #Coherent
Yahoo
a day ago
- Business
- Yahoo
Coherent Expands Factor Series Diode Pumps with Higher Power, Improved Efficiency, and New Wavelength Options
SAXONBURG, Pa., June 19, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announces major enhancements to its FACTOR series of fiber-coupled diode pumps. The upgraded portfolio now offers increased output power, improved efficiency, and a wider locking range for pump modules at 976 nm. In addition, a new high-power pump module at 793 nm has been introduced to support growing demand in medical and industrial laser applications. OEM laser manufacturers can benefit significantly from the FACTOR series, which offers reliable performance through automated, in-house micro-optics assembly that ensures high consistency and reliability. Designed for effortless integration, the system simplifies handling and installation, making it easy to incorporate into existing OEM laser systems. Additionally, the FACTOR series is volume-ready, supporting scalable manufacturing to meet high-volume demands and align with planned production cycles. 'The FACTOR series is a cornerstone of our product portfolio, powering a wide range of solid-state lasers across diverse applications,' said Dr. Karlheinz Gulden, Senior Vice President, Laser Components and Subsystems at Coherent. 'These latest advancements further solidify the FACTOR series as a leading choice for OEM laser manufacturers.' The new FACTOR series is generally available. For more information, meet our team at Laser World of Photonics, Munich, 24-27 June or visit About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at Media Contact: innovations@ in to access your portfolio
Forbes
3 days ago
- Business
- Forbes
Coherent Stock Falls 23% This Year. AI To The Rescue?
10 March 2025, Bavaria, Gilching Bei München: The lettering and logo of Coherent Munich GmbH & Co. ... More KG can be seen at one of the company's sites in Gilching near Munich (Bavaria). Photo: Matthias Balk/dpa (Photo by Matthias Balk/picture alliance via Getty Images) Coherent stock (NYSE:COHR), a prominent player in photonics technology, provides materials, photonics, and laser technologies to a variety of end markets, has decreased by nearly 23% year-to-date in 2025. This decline has been fueled by a mixed macroeconomic environment, somewhat cautious near-term forecasts from the company earlier this year, along with a broader market shift away from certain high-growth AI and tech stocks. Nevertheless, Coherent's fundamental performance has remained quite robust. In Q3, revenue (June fiscal year) increased by 24% year-over-year to $1.5 billion, and earnings surged to $0.91 per share on an adjusted basis, rising by $0.53 compared to last year. On a separate note, see – Should You Buy CRWV Stock After A Whopping 4x Rise? Coherent has been placing an increasing emphasis on artificial intelligence (AI) products. The robust revenue performance over the previous quarter is primarily attributed to the strong demand for its AI/ML-related transceivers, with revenue from the 800G model, utilized for ultra-fast data transmission, skyrocketing nearly 80% sequentially to nearly $200 million. AI necessitates the transfer of large volumes of data with very low latency requirements, and Coherent is well-equipped as it boasts one of the most extensive portfolios of photonic technologies essential for high-speed optical data transmission. Considering the valuation based on sales or profit per dollar, COHR stock appears slightly undervalued in comparison to the broader market. Coherent has a price-to-sales (P/S) ratio of 2.2 compared to a figure of 3.0 for the S&P 500. Moreover, the company's price-to-free cash flow (P/FCF) ratio stands at 18.9, whereas the S&P 500 is at 20.5. Coherent's growth metrics have also been strong. Coherent's Revenues have increased at an average rate of 22.1% over the past three years, while rising 21.7% from $4.6 billion to $5.6 billion in the previous 12 months. However, concerns regarding profitability remain. Coherent's Operating Income over the last four quarters amounted to $467 million, indicating a disappointing Operating Margin of 8.4% (compared to 13.2% for the S&P 500). Coherent's Operating Cash Flow (OCF) during this period reached $666 million, resulting in a poor OCF Margin of 11.9% (compared to 14.9% for the S&P 500). Nevertheless, margins are expected to improve as high-margin products like AI-related data communication transceivers and advanced industrial lasers see increased demand. Adjusted gross margins have risen to 38.5% over the last quarter, reflecting an increase of around 490 basis points year-over-year, with the company aiming for 40% margins in the near future. This, in tandem with a higher revenue base, could enhance operating margins as well. There are additional positive aspects for Coherent. Coherent's industrial laser division may experience greater traction, as the demand for advanced lasers that aid manufacturers in cutting, welding, and shaping materials with high precision grows as industries increasingly embrace automation. The company has a global manufacturing presence spread across approximately 60 locations in 14 countries, with about half of its manufacturing sites situated in the U.S. This should protect it from potential tariffs on imported semiconductors imposed by the Trump administration, unlike many fabless companies that depend on imports. While there may be potential for COHR stock to rise, the Trefis Reinforced Value (RV) Portfolio has outperformed its all-cap stocks benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000 benchmark indices), delivering strong returns for investors. Why is that? The quarterly rebalanced mix of large-, mid-, and small-cap RV Portfolio stocks has provided a flexible approach to capitalize on favorable market conditions while minimizing losses when markets decline, as elaborated in RV Portfolio performance metrics.
Yahoo
4 days ago
- Business
- Yahoo
Coherent Expands PowerMax™ Line with PM15k+ High-Power Laser Sensor and New Backscatter Shield for PM10k+
SAXONBURG, Pa., June 16, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the expansion of its industry-leading PowerMax™ sensor portfolio with two new innovations: the PM15K+ high-power laser sensor and a new backscatter shield option for the PM10K+. These new solutions address the growing demand for accurate, efficient, and safe measurement of high-power laser systems in industrial environments. The PM15K+ sensor is designed to measure continuous laser power up to 15 kW, with the capability to handle intermittent power up to 20 kW. Featuring a large 100 mm x 100 mm active area, it accommodates wide beam diameters typically found in high-power diode and fiber laser systems. With a typical response time of just 5 seconds, the PM15K+ is ideal for high-throughput industrial settings that require fast, reliable laser power measurements. Coherent also introduced a major enhancement to its popular PM10K+ sensor—a backscatter shield that dramatically improves measurement accuracy and safety. The shield reduces reflected laser energy from 10–15% down to 1% or less, capturing stray laser light that might otherwise interfere with surrounding equipment or personnel. It features a 65 mm round input aperture and integrates seamlessly with existing PM10K+ systems. 'These new innovations reflect our commitment to advancing the state of laser measurement,' said Dr. Torsten Rauch, Senior Vice President, Solid State Business Unit. 'With the PM15K+ and backscatter shield for the PM10K+, users now have more tools to measure high-power lasers accurately, efficiently, and safely.' Both new offerings are generally available and are fully compatible with the Coherent LabMax-Pro and PowerMax-Pro systems, supporting a wide range of industrial manufacturing, scientific, and medical laser applications. For more information, meet our team at Laser World of Photonics, Munich, 24-27 June or visit About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at Media Contact: innovations@ in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Coherent Launches Best-In-Class 18 W 880 nm Single-Emitter Laser Diode For High-Performance DPSS Systems
SAXONBURG, Pa., June 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today launches the SES18-880A-190-10, a high-power 880 nm single-emitter laser diode on sub mount, designed specifically for high-efficiency, high-reliability pumping of diode-pumped solid-state (DPSS) lasers. Delivering 18 W optical output power with over 62% conversion efficiency and 97% polarization extinction ratio, the SES18-880A-190-10 sets a new benchmark for DPSS pump lasers in terms of performance, reliability, and cost-effectiveness. With a 190 µm emitter and one of the most competitive $/W ratios available in the 880 nm class, this product is ideal for precision applications requiring excellent beam quality and scalable power. 'The DPSS laser market is evolving rapidly, with demand growing in micromachining, advanced packaging, and semiconductor processing,' said Dr. Karlheinz Gulden, Senior Vice President, Laser Components and Subsystems at Coherent. 'This new diode allows customers to realize the full benefits of 880 nm pumping—delivering lower quantum defects, reduced thermal lensing, and enhanced mode quality compared to traditional 808 nm solutions.' Built on the 6-inch GaAs wafer platform from Coherent, the SES18-880A-190-10 benefits from fully vertically integrated manufacturing—from epitaxial wafer growth to chip design and sub mount packaging. Its advanced chip architecture ensures consistent performance, high polarization purity, and robust thermal management, making it a standout option for end-pumped DPSS systems. Its wavelength range (870–876 nm) and optimized front facet reflectivity are engineered for compatibility with Volume Bragg Grating (VBG) stabilization, offering precise wavelength control and alignment flexibility. Variations of the product are available at 878, 885, and 888 nm to support different DPSS gain media. Coherent also offers fiber-coupled modules using the same chip technology, supporting a wide range of integration needs. These modules, including the FACTOR series, provide scalable, high-efficiency pumping for advanced laser systems. The SES18-880A-190-10 is generally available. For more information, meet our team at Laser World of Photonics, Munich, 24-27 June. About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at Media Contact: innovations@ in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
Coherent Introduces Breakthrough Diamond-Silicon Carbide Material for Next Generation Thermal Management in AI and High-Performance Computing
SAXONBURG, Pa., June 12, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in engineered materials, today announces the release of a groundbreaking diamond-loaded silicon carbide (SiC) ceramic composite, designed to tackle the thermal challenges of advanced AI datacenters and high-performance computing (HPC) systems. The patented diamond-silicon carbide material from Coherent achieves isotropic thermal conductivity exceeding 800 W/m-K, and delivers twice the performance of copper, the current industry benchmark. It also closely matches the coefficient of thermal expansion (CTE) of silicon, making it ideal for direct integration with semiconductor devices. 'Diamond remains unmatched in its ability to manage extreme thermal loads in electronics,' said Steve Rummel, Senior Vice President of Engineered Materials at Coherent. 'Our patented diamond-SiC outperforms traditional materials by a wide margin, enabling more reliable operation, longer component lifetimes, and significantly lower cooling costs. With cooling accounting for up to 50% of a datacenter's energy consumption, thermal efficiency is more critical than ever.' Engineered for durability and versatility, this composite is corrosion-resistant, electrically insulating, and mechanically robust across a broad temperature range. It is fully compatible with direct liquid cooling (DLC) systems and integrates easily into modern server architectures and embedded cooling designs. Key applications include direct to chip heat spreading, microchannel cold plates (single- and two-phase), semiconductor device substrates, and other advanced solutions where copper-based materials fall short. This innovation from Coherent marks a major step forward in thermal management, addressing the growing performance and energy-efficiency needs of AI infrastructure and HPC platforms. For more information on Diamond Heat Spreaders by Coherent, please visit: Cooling Solutions for Overworked Datacenters | Coherent About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at Media Contact: innovations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
