Coherent Corp. has revealed its growth strategy and long-term financial model at the 2025 analyst and investor day. The company's CEO, Jim Anderson, highlighted the significant progress made over the past fiscal year, with an expected revenue growth of over 22% and a 2.8x year-over-year increase in earnings per share (EPS) in fiscal year 2025.
Dr. Julie Sheridan Eng, the chief technology officer, emphasized Coherent's market opportunity in optical transceivers and components for AI data centers, its extensive optical technology and product portfolio, market-leading roadmap for pluggable and CPO transceivers, optical switching market opportunity, and industry-leading dci roadmap.
Dr. Chris Dorman, the executive vice president of lasers, detailed Coherent's industrial market opportunity and key growth drivers, including segments such as semi-cap and display equipment, precision manufacturing, and instrumentation.
Sherri Luther, the CFO, outlined the company's financial priorities, focusing on accelerating profitable revenue growth, investment strategy, improved financial target model, and a new segmentation strategy to better align with end markets and strategy.
The detailed financial performance metrics and growth strategies underscore Coherent's commitment to driving double-digit revenue growth in key markets and enhancing shareholder value. Following these announcements, the company's shares moved -2.49%, and are now trading at a price of $79.165. For more information, read the company's full 8-K submission here.
