Coherent (COHR) Q4 FY25 earnings call

Coherent concluded FY25 with record revenue, driven by robust growth in its AI datacenter and communications segments, alongside significant gross margin expansion and profitability improvements. The company is strategically optimizing its portfolio, highlighted by the divestiture of its Aerospace and Defense business to reduce debt and enhance EPS. While maintaining a cautious near-term outlook for industrial markets, Coherent is focused on leveraging its photonic technology and U.S. manufacturing footprint to capitalize on long-term growth opportunities in AI and optical networking.