Coherent (NASDAQ:COHR) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:09 PM.
Here's what investors need to know about the announcement.
Earnings
Coherent missed estimated earnings by 25.44%, reporting an EPS of $1.7 versus an estimate of $2.28.
Revenue was down $3.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.54 which was followed by a 0.49% increase in the share price the next day.
Here's a look at Coherent's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.78 | 2.12 | 1.64 | 1.15 |
| EPS Actual | 2.32 | 1.77 | 1.81 | 1.42 |
| Revenue Estimate | 397.09M | 405.20M | 378.16M | 330.14M |
| Revenue Actual | 384.51M | 391.67M | 395.76M | 374.00M |
To track all earnings releases for Coherent visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
