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Coherent Inc (COHR.OQ)

COHR.OQ on NASDAQ Stock Exchange Global Select Market

248.46USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Coherent enters into amendment no. 1 and waiver to credit agreement
Tuesday, 9 May 2017 04:32pm EDT 

May 9 (Reuters) - Coherent Inc :Coherent Inc says entered into amendment no. 1 and waiver to credit agreement - SEC filing.Coherent -amendment provides for reduction to applicable interest rate margins to euro term loans to 1.25% for EURO term loans maintained as base rate loans.  Full Article

Coherent reports Q2 non-GAAP earnings per share $2.91
Tuesday, 9 May 2017 04:10pm EDT 

May 9 (Reuters) - Coherent Inc :Coherent, Inc. Reports second fiscal quarter results.Q2 non-GAAP earnings per share $2.91.Q2 earnings per share view $2.45 -- Thomson Reuters I/B/E/S.Coherent Inc - Have voluntarily begun to pay down debt assumed in conjunction with acquisition of rofin-sinar.Q2 earnings per share view $2.45, revenue view $404.4 million -- Thomson Reuters I/B/E/S.Q2 net sales $422.8 million versus $199.9 million; q2 earnings per share $1.69.  Full Article

Coherent reports Q1 earnings per share $1.23
Tuesday, 7 Feb 2017 04:01pm EST 

Coherent Inc : Reports first fiscal quarter results . Q1 non-GAAP earnings per share $2.57 . Q1 earnings per share view $1.76 -- Thomson Reuters I/B/E/S . Coherent Inc - qtrly net sales $346.1 million versus $248.5 million in prev quarter . Coherent Inc - ending backlog expected to ship in next 12 months was $823.5 million at december 31, 2016 . Coherent Inc - qtrly earnings per share $1.23 .Q1 earnings per share view $1.76, revenue view $317.0 million -- Thomson Reuters I/B/E/S.  Full Article

Coherent Inc entered into a credit agreement - SEC filing
Tuesday, 8 Nov 2016 04:19pm EST 

Coherent Inc : Coherent Inc says on November 7, 2016 entered into a credit agreement - SEC filing . Coherent - credit agreement provides for a eur 670.0 mln senior secured term loan facility and $100.0 mln senior secured revolving credit facility .Coherent - borrower may increase aggregate revolving commitments or borrow incremental term loans in aggregate principal amount of up to $150.0 mln.  Full Article

Coherent posts Q3 adj. earnings per share $1.07
Wednesday, 27 Jul 2016 04:03pm EDT 

Coherent Inc : Coherent Inc reports third fiscal quarter results . Q3 non-GAAP earnings per share $1.07 . Q3 GAAP earnings per share $0.76 . Q3 sales $218.8 million versus I/B/E/S view $211.9 million . Q3 earnings per share view $1.11 -- Thomson Reuters I/B/E/S . Coherent Inc says received significant orders for flat panel annealing lasers including a single order in excess of $100 million in the quarter . Coherent Inc says European regulatory process is underway and being handled at European Commission . Ending backlog expected to ship in next 12 months was $564.5 million at July 2, 2016, compared to a backlog of $469.3 million at April 2, 2016 . Says "making steady progress in acquisition of Rofin-Sinar including clearance by U.S. regulators and approval by Rofin's shareholders" .Coherent Inc says continue to expect transaction to close in fourth calendar quarter of 2016.  Full Article

Rofin-Sinar stockholders approve acquisition by Coherent
Thursday, 30 Jun 2016 08:27am EDT 

Rofin-sinar Technologies Inc : Rofin-Sinar stockholders approve acquisition by Coherent . Rofin-Sinar Technologies - holders of more than 95 pct of shares of company's common stock present and voting at special meeting voted in favor of deal .Continues to anticipate that transaction will be completed in last calendar quarter of 2016.  Full Article

Rofin-Sinar Technologies says three proxy firms recommend voting for Coherent merger
Tuesday, 21 Jun 2016 05:02pm EDT 

Rofin-Sinai Technologies :Rofin-Sinar- ISS, Glass Lewis and Egan-Jones have each independently recommended that Rofin stockholders vote for adoption of merger agreement with coherent.  Full Article

Coherent announces CFO retirement - Form 8-K
Thursday, 24 Sep 2015 05:02pm EDT 

Coherent, Inc:On September 23, Executive Vice President and Chief Financial Officer, Helene Simonet, informed of her intent to retire effective on February 1, 2016.  Full Article

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BRIEF-Coherent reports Q2 non-GAAP earnings per share $2.91

* Q2 earnings per share view $2.45 -- Thomson Reuters I/B/E/S