NYSE$COHR

Coherent Corp · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Coherent announced its Q4 and full fiscal year 2023 financial results.

Coherent Corp. released its fourth quarter and full fiscal year 2023 financial results, providing detailed financial information and disclosures in a letter to shareholders.

  • Coherent Corp. announced its financial results for the fourth quarter and full fiscal year 2023.
  • The results were detailed in a letter to shareholders posted on the investor relations section of their website.
  • An earnings call webcast was scheduled to discuss the results with the CEO and management team.
  • The company delivers innovations for the industrial, communications, electronics, and instrumentation markets.

Headline financials

Total Revenue

$1.21B

Previous: $887M+35.9%
EPS (adj)

$0.41

Previous: $0.25+64.0%
Capital Expenditures

$93.1M

Previous: $118M-21.4%
Free Cash Flow

$88.5M

Previous: $19M+366.0%
Net Income

-$178M

Previous: $43.6M-508.5%
Operating Income

-$155M

Previous: $114M-235.3%
Gross Profit

$343M

Previous: $326M+5.3%
Cash & Equivalents

$821M

Previous: $2.58B-68.2%
Total Assets

$13.7B

Previous: $7.84B+74.8%
Stock-Based Comp

$25.2M

Previous: $15.8M+59.6%

Revenue & EPS history

Coherent · Revenue · Quarterly

$1.21B

Q4 2023+35.9%vs Q4 2022
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+1.1%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+2.4%

Avg return

30 days after

54%

36 / 67 earnings

Positive

+18.1%

Q1 2026

Best reaction

-30.7%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-7.8%+8.5%+9.3%
Q2 2026-0.8%+8.2%+11.7%
Q1 2026+18.1%+17.4%+35.0%
Q3 2025+1.5%+13.3%+14.5%
Q2 2025+11.5%-2.9%-26.1%
Q1 2025+17.0%+11.9%+18.9%
Q4 2024+14.4%+17.3%+16.4%
Q3 2024-2.1%-5.0%+18.1%
Q2 2024+0.6%+26.9%+31.7%
Q1 2024-0.1%+3.4%+18.7%
Q4 2023-30.7%-27.6%-29.1%
Q3 2023-8.6%-9.8%+22.0%
Q2 2023-2.4%-2.3%-12.2%
Q1 2023+17.2%+26.5%+18.0%
Q4 2022-2.2%-9.6%-33.0%
Q2 2022-0.8%-1.3%-6.5%
Q3 2022+6.1%+6.1%-0.6%
Q1 2022+5.3%+4.2%+1.2%
Q4 2021+0.6%+2.5%+5.0%
Q3 2021-1.6%-4.2%-5.4%
Q2 2021-4.6%-1.4%+8.7%
Q1 2021+5.9%-4.4%-24.0%
Q4 2020+3.5%+5.1%+21.7%
Q3 2020+1.3%+0.1%-24.2%
Q2 2020+1.0%+2.8%+5.0%
Q1 2020-0.6%-1.3%-17.1%
Q4 2019+3.0%+1.4%-17.7%
Q3 2019-2.5%-8.3%-8.2%
Q2 2019-4.2%+3.8%-17.2%
Q1 2019-0.8%+12.7%+27.0%
Q4 2018+2.8%-15.5%-22.3%
Q3 2018-6.2%-7.8%+19.5%
Q2 2018+13.1%+13.3%+15.4%
Q1 2018-5.5%-7.1%+3.2%
Q4 2017+4.4%+12.3%+3.8%
Q3 2017-5.0%-7.2%-5.9%
Q2 2017+6.9%+4.9%+8.2%
Q1 2017+5.9%+8.3%-2.3%
Q4 2016+0.0%+2.4%+7.2%
Q3 2016+0.3%+0.7%+5.7%
Q2 2016+0.5%
Q1 2016+6.7%
Q4 2015+1.1%
Q3 2015-0.3%
Q2 2015-7.3%
Q1 2015+2.7%
Q4 2014+1.3%
Q3 2014+1.0%
Q2 2014+1.7%
Q1 2014-5.5%
Q4 2013-6.2%
Q3 2013-6.2%
Q2 2013+4.4%
Q1 2013+2.4%
Q4 2012-1.7%
Q3 2012+6.0%
Q2 2012-0.1%
Q1 2012+2.2%
Q4 2009+7.6%
Q4 2011+7.6%
Q3 2010+4.2%
Q3 2011+4.2%
Q2 2010-0.8%
Q2 2011-0.8%
Q1 2010-2.4%
Q1 2011-2.4%
Q4 2010-2.4%

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