Coherent Corp (Coherent), formerly II-VI Inc, provides engineered materials and optoelectronic components. The company offers lasers, machines and systems, laser measurement instruments and laser components and accessories. Its product portfolio comprises CO2 lasers, diode laser modules, diode lasers, excimer Lasers, machine vision Lasers, fiber lasers, ion lasers, laser cutting and drilling, laser marking and engraving, laser welding, beam delivery components, diode Laser components, specialty optical fibers, fiber sensor components, laser energy sensors, laser power sensors and laser meters, among others. The company operates in Africa and the Middle East, Asia, Europe, North America and South America. Coherent is headquartered in Saxonburg, Pennsylvania, the US.
Headquarters
United States of America
Address
375 Saxonburg Blvd, Pennsylvania, 16056-9430
Website
www.ii-vi.com
Telephone
1 724 3524455
No of Employees
26,622
Industry
Technology and Communications
Ticker Symbol & Exchange
COHR (NYSE)
Revenue (2023)
$5.2B
55.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-210.5%
(2023 vs 2022)
Market Cap*
$5.9B
Net Profit Margin (2023)
XYZ
-171.1%
(2023 vs 2022)
* As of and is in US$
Coherent Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Lasers: |
| CO2 Lasers |
| Diode Laser Modules |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company and Faraday 1867 Holdings LLC entered into a partnership to increase the manufacturing of high-temperature superconducting tape. |
| 2023 | Contracts/Agreements | In September, the company expanded its partnership with Kinetic by Windstream to enable 100G services at the edge of the network by leveraging 100G QSFP28 0 dBm digital coherent optics transceiver. |
| 2023 | New Products/Services | In June, the company announced the launch of Coherent Spark on Snowflake Marketplace. |
Competitor Comparison
| Key Parameters | Coherent Corp | Sony Group Corp | Broadcom Inc | Sumitomo Electric Industries Ltd | Komatsu Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | United States of America | Japan | Japan |
| City | Saxonburg | Minato-Ku | San Jose | Osaka-Shi | Minato-Ku |
| State/Province | Pennsylvania | Tokyo | California | Osaka | Tokyo |
| No. of Employees | 26,622 | 113,000 | 20,000 | 289,191 | 64,343 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vincent D. Mattera | Chairman; Chief Executive Officer | Executive Board | 2021 | 67 |
| Mary Jane Raymond | Chief Financial Officer; Treasurer | Senior Management | 2014 | 63 |
| Ilaria Mocciaro | Chief Accounting Officer; Senior Vice President; Controller | Senior Management | 2023 | - |
| Giovanni Barbarossa | President; Chief Strategy Officer | Senior Management | 2012 | 61 |
| Julie Sheridan Eng | Chief Technology Officer | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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