Coherent Corp. · NYSE:COHR
Coherent — Q3 FY2025 Earnings Presentation
14 slides from Coherent's earnings presentation, May 7, 2025
Slide 1: Third Quarter Fiscal 2025 Investor Presentation
Third Quarter Fiscal 2025 May 7, 2025 Investor Presentation Exhibit 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements relating to future events and expectations, including our expectations regarding our estimates and projections for our business outlook for the fourth quarter of fiscal 2025, each of which is based on certain assumption
Slide 3: Gross Margin and Earnings per Common Share GAAP to Non-GAAP Reconciliations
Gross MARGIN and earnings per common share GAAP to Non-GAAP Reconciliations
Slide 4: Q3 FY2025 Revenues and Non-GAAP Earnings Results Highlights
FY 2025 revenues and NON-GAAP Q3 Earnings Results Highlights 46% Datacenter & Communications Q3 FY25/Q3 FY24 1% Q3 FY25/Q3 FY24 Industrial and other Revenue by Market Highlights Groundbreaking Demonstration of 400G EML to Enable Next-Gen.3.2T Transceivers. Demonstrated Market-Leading 200G VCSELs & D
Slide 5: Quarterly Revenue by Segment
FY25Q3 Materials Networking Lasers Note: Amounts may not calculate due to rounding. QUARTERLY REVENUE BY SEGMENT REVENUE DISTRIBUTION BY SEGMENT
Slide 6: Quarterly Revenue by Market
Communications Electronics Instrumentation Industrial FY25Q3 Note: Amounts may not calculate due to rounding. QUARTERLY REVENUE BY MARKET REVENUE DISTRIBUTION BY MARKET
Slide 7: Fourth Quarter Fiscal 2025 Outlook
FOURTH quarter fiscal 2025 Outlook (1) REVENUE $1.425 – 1.575 billion NON-GAAP GROSS MARGIN 37% – 39% NON-GAAP OPERATING EXPENSES $290 – 310 million NON-GAAP TAX RATE 21% – 24% NON-GAAP EARNINGS PER SHARE $0.81– 1.01 (1) The Company does not provide reconciliations of forward-looking Non-GAAP measur
Slide 8: GAAP to Non-GAAP Reconciliation
Gaap to Non-Gaap Reconciliation
Slide 9: Gross Margin Reconciliation
Gross MARGIN Reconciliation
Slide 10: Operating Expenses Reconciliation
Operating ExpenseS Reconciliation $ Millions (Unaudited) Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 R&D on GAAP basis 151 144 132 127 128 Share-based compensation (5) (6) (5) (5) (5) Amortization of acquired intangibles (4) (1) (1) (1) (1) Integration, site consolidation and ot
Slide 11: Income from Operations Reconciliation
Income from Operations Reconciliation
Slide 12: Net Earnings Reconciliation
Net Earnings Reconciliation
Slide 13: Net Earnings per Common Share
NET Earnings per Common Share
Slide 14: Coherent
C@HERENT