Coherent: Q2 Earnings Insights

Coherent COHR reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:09 PM.

Here's what investors need to know about the announcement.

Coherent missed estimated earnings by 25.44%, reporting an EPS of $1.7 versus an estimate of $2.28.

Revenue was down $3.80 million from the same period last year.

Last quarter the company beat on EPS by $0.54 which was followed by a 0.49% increase in the share price the next day.

Here's a look at Coherent's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.78	2.12	1.64	1.15
EPS Actual	2.32	1.77	1.81	1.42
Revenue Estimate	397.09M	405.20M	378.16M	330.14M
Revenue Actual	384.51M	391.67M	395.76M	374.00M

To track all earnings releases for Coherent visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.