Coherent Inc
0LHO.L
$136.70 25.94%
Exchange: LSE | Sector: Technology | Industry: Hardware Equipment Parts
Q4 2024
Published: Aug 16, 2024

Earnings Highlights

  • Revenue of $1.31B up 9.1% year-over-year
  • EPS of $-0.52 increased by 59.4% from previous year
  • Gross margin of 32.9%
  • Net income of -79.85M
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0LHO.L
Coherent Inc

Executive Summary

Coherent Inc reported a solid top-line performance for QQ4 2024 with revenue of $1.314 billion, up approximately 9% year-over-year and about 8.7% quarter-over-quarter, signaling resilient demand for laser technologies in OEM and industrial laser segments. Gross margin remained constructive at 32.9%, and EBITDA delivered $192 million with an operating margin near 5.9%, reflecting the ongoing investment in R&D and a product mix that supports higher value-added laser solutions. Net income, however, registered a net loss of $79.9 million for the quarter, driven by material non-operating items including a substantial negative impact from other income/expenses and interest expense; the quarter also featured meaningful ongoing depreciation and amortization, contributing to a modest operating cash flow generation of $162.3 million.

Key Performance Indicators

Revenue
Increasing
1.31B
QoQ: 8.73% | YoY: 9.07%
Gross Profit
Increasing
431.94M
32.86% margin
QoQ: 17.86% | YoY: 25.80%
Operating Income
Increasing
77.32M
QoQ: 128.51% | YoY: 314.00%
Net Income
Increasing
-79.85M
QoQ: -505.54% | YoY: 55.20%
EPS
Increasing
-0.52
QoQ: -79.31% | YoY: 59.38%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 1,497.88 -0.11 +23.9% View
Q2 2025 1,435.00 0.44 +26.8% View
Q1 2025 1,348.00 0.17 +28.0% View
Q4 2024 1,314.36 -0.52 +9.1% View
Q3 2024 1,208.81 -0.29 -2.5% View