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Coherent (Coherent) Net Income

: $-270 Mil (TTM As of Dec. 2023)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Coherent's Net Income for the three months ended in Dec. 2023 was $-27 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-270 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Coherent's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.38.


Coherent Net Income Historical Data

The historical data trend for Coherent's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coherent Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.52 -67.03 297.55 234.76 -259.46

Coherent Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -45.07 2.55 -178.23 -67.53 -26.99

Coherent Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Coherent's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-355.558+96.1+0+-5.6843418860808E-14
=-259

Coherent's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-37.407+8.932+0+1.484
=-27

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-270 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Coherent  (NYSE:COHR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Coherent's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Coherent Net Income Related Terms

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Coherent (Coherent) Business Description

Traded in Other Exchanges
Address
375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056
Coherent Corp manufactures engineered materials, optoelectronic components and products used in industrial, optical communications, military, semiconductor, consumer, and life science applications. The firm operates in two segments Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems. The Compound Semiconductors Segment is a market leader in differentiated materials and devices.
Executives
Christopher Koeppen officer: Chief Innovation Officer C/O COHERENT CORP., 375 SAXONBURG BOULEVARD, SAXONBURG PA 16056
Howard H. Xia director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Julie Sheridan Eng officer: Chief Technology Officer C/O COHERENT CORP., SAXONBURG PA 16056
Bashaw Walter Robert Ii officer: General Counsel C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Richard J. Martucci officer: Interim CFO & Treasurer C/O COHERENT CORP., 375 SAXONBURG BOULEVARD, SAXONBURG PA 16056
Elizabeth Patrick director 6400 POPLAR AVE, MEMPHIS TN 38197
Michelle M Sterling director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Ilaria Mocciaro officer: SVP, CAO and Corp Controller 2301 PATRIOT BLVD, GLENVIEW IL 60026
Mary Jane Raymond officer: Chief Financial Officer C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Ronald Basso officer: Chief Legal & Compliance Off. C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Mattera Vincent D Jr officer: Vice President C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
David L Motley director 517 AVONWORTH HEIGHTS DRIVE, PITTSBURGH PA 151237
Joseph J Corasanti director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Francis J Kramer director, officer: President & C.O.O. C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP