Coherent Q1 Adj. EPS $0.86 Beats $0.77 Estimate, Sales $320.8M Beat $318.23M Estimate

Coherent (NASDAQ:COHR) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.77 by 11.69 percent. This is a 58.85 percent decrease over earnings of $2.09 per share from the same

Benzinga · 02/05/2020 21:14

Coherent (NASDAQ:COHR) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.77 by 11.69 percent. This is a 58.85 percent decrease over earnings of $2.09 per share from the same period last year. The company reported quarterly sales of $320.8 million which beat the analyst consensus estimate of $318.23 million by 0.81 percent. This is a 16.27 percent decrease over sales of $383.146 million the same period last year.