Coherent (COHR) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased significantly compared to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q3
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased significantly compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
-9.5%
Change from the immediately preceding quarter.
Year-over-year
+49.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $887M | +9.8% |
| Sep 30, 2022 | $1.3B | +69.1% |
| Dec 31, 2022 | $1.4B | +69.8% |
| Mar 31, 2023 | $1.2B | +49.8% |
Revenue performance
The reported revenue reflects a sequential decrease from the prior quarter. The year-over-year comparison shows a substantial increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue contracted. Relative to the same quarter one year ago, revenue expanded markedly.
What to watch
No specific factors are cited in the filing context to explain the revenue changes.