Why Coherent's Rally May Continue Higher
Coherent Corp. reported a 21% increase in revenue for Q3 FY2026, reaching $1.81 billion. The company's earnings per share also saw a significant rise of 55%, with margins expanding to 39.6%. Looking ahead, Coherent anticipates continued growth in FY2027, driven by substantial capacity expansions in indium phosphide production.
- ▪Coherent Corp.'s Q3 FY2026 revenue rose 21% year-over-year to $1.81 billion.
- ▪Earnings per share surged 55%, with margins expanding to 39.6%.
- ▪The company plans to quadruple its indium phosphide capacity by 2027.
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