Coherent (COHR) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q4
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased 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
-2.8%
Change from the immediately preceding quarter.
Year-over-year
+35.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
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 |
|---|---|---|
| Sep 30, 2022 | $1.3B | +69.1% |
| Dec 31, 2022 | $1.4B | +69.8% |
| Mar 31, 2023 | $1.2B | +49.8% |
| Jun 30, 2023 | $1.2B | +35.9% |
Revenue performance
The reported revenue decreased from the prior quarter, reflecting a sequential decline. On an annual basis, revenue was higher than the same period a year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Compared to the same quarter one year earlier, revenue was higher.
What to watch
The sequential revenue decline follows a pattern of fluctuating quarterly results over the past year.