Coherent (COHR) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the immediately preceding period. However, it declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q2
Revenue for the quarter increased compared to the immediately preceding period. However, it declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+7.4%
Change from the immediately preceding quarter.
Year-over-year
-17.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.6B
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 |
|---|---|---|
| Mar 31, 2023 | $1.2B | +49.8% |
| Jun 30, 2023 | $1.2B | +35.9% |
| Sep 30, 2023 | $1.1B | -21.7% |
| Dec 31, 2023 | $1.1B | -17.4% |
Revenue performance
The reported revenue reflects a sequential improvement after a decline in the prior quarter. The year-over-year comparison shows a contraction.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year earlier, revenue fell.
What to watch
The year-over-year decline persists, suggesting the revenue level has not yet returned to the prior-year period's amount.