Coherent (COHR) Q2 FY25 earnings call

Coherent delivered a strong Q2 FY25, achieving record revenue and significant profitability expansion, primarily fueled by robust AI-related datacom transceiver demand and a recovering telecom market. The company made solid progress on gross margin expansion and disciplined OpEx management, while strategically investing in R&D for future growth. Management remains cautiously optimistic about the telecom recovery and is focused on portfolio optimization and long-term shareholder value.