🟢 Coherent is trading 5% up in pre-market after first-quarter revenue and non-GAAP EPS beat estimates

Coherent is trading 5.08% up in pre-market at $205.00 following its November 4 earnings report; first-quarter revenue and non-GAAP EPS both exceeded analyst estimates. - Fiscal first-quarter revenue was $2.37 billion, and non-GAAP EPS was $2.09. - The company forecast second-quarter revenue of $2.55 billion to $2.75 billion and said fiscal 2027 pro forma revenue growth should exceed 60%, despite broader semiconductor weakness.