Coherent Corp. · NYSE:COHR
Coherent — Investor Presentation (January 2016)
7 slides from Coherent's investor presentation, January 2016
Slide 1: The Leader in Photonics
The Leader in Photonics January 2016 Superior Reliability & Performance
Slide 2: Forward-Looking Statements & Non-GAAP Measurement
Forward-Looking Statements & Non-GAAP Measurement Forward-Looking Statements The statements in this presentation that relate to guidance, projections, future plans, business opportunities, estimates, events or performance are forward-looking statements that involve risks and uncertainties, including
Slide 3: The Photonics Company
The Photonics Company • Provider of Photonics Solutions - Primarily Lasers for Commercial and Scientific Research Applications Revenue Mix TTM Materials • Founded in 1966 Processing 13% • TTM Sales $792.1 Million OEM Components & Instrumentation 51% 21% Microelectronics • TTM Orders $875.7 Million 1
Slide 4: Diversified Markets and Applications
Diversified Markets and Applications Technology Portfolio OEM Components & Scientific Research & Microelectronics Materials Processing Instrumentation Government Programs FPD, API, Semi Marking, Engraving, Diagnostic & Ultrafast Primary Cutting and Welding Therapeutic Medical, Application Focus Defe
Slide 5: Pro Forma Income Statement Metrics
Performa Income Statement Metrics Bookings Revenue $1,000 895 891 $ Millions except 803 773 769 767 810 795 765 802 $800 earnings594 per599 share 696 605 $600 419 436 $400 273 190 $200 $- FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 Q1'16 Pro Forma EBITDA% 25% 21.3% 19.5% 18.4% 19.3% 20% 17.0% 17.8% 17.2
Slide 6: Balance Sheet
Balance Sheet $ Millions January 2, 2016 October 3, 2015 Cash, equivalents & investments $ 336.2 $ 325.5 Accounts receivable 144.6 142.3 Inventories 158.0 156.6 Other current assets 32.7 28.3 PP&E, net 99.7 102.4 Long term assets 214.2 213.8 Total Assets $ 985.4 $ 968.9 Current liabilities $ 123.7 $
Slide 7: Reconciliation to GAAP and Non-GAAP Financials
Reconciliation to GAAP and Non-GAAP Financials Quarter to Date Q1 16 Q1 15 GAAP net income $20,286 $17,430 GAAP net income per diluted share $ 0.84 $ 0.69 Stock based compensation 3,394 3,960 Intangibles amortization 1,448 1,607 Non-recurring tax benefit (1,221) (1,118) Non-GAAP net income $23,907 $