Benzinga | Nov 9, 2021 04:51PM EST

Coherent Q4 EPS $1.77 Misses $2.12 Estimate, Sales $391.70M Miss $405.20M Estimate

Coherent (NASDAQ:COHR) reported quarterly earnings of $1.77 per share which missed the analyst consensus estimate of $2.12 by 16.51 percent. This is a 75.25 percent increase over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $391.70 million which missed the analyst consensus estimate of $405.20 million by 3.33 percent. This is a 23.66 percent increase over sales of $316.75 million the same period last year.