Coherent Corp. (NYSE:COHR) will release financial results for the fourth quarter after the closing bell on Wednesday, Aug. 13.
Analysts expect the Saxonburg, Pennsylvania-based company to report quarterly earnings at 92 cents per share, up from 61 cents per share in the year-ago period. Coherent projects to report quarterly revenue at $1.51 billion, compared to $1.31 billion a year earlier, according to data from Benzinga Pro.
On Aug. 7, Coherent announced a multi-year deal with Apple to supply Face ID laser tech for iPhones and iPads.
Coherent shares gained 2.6% to close at $116.56 on Tuesday.
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