Coherent reports record $2.05B Q4 revenue as AI data-center demand surges
Coherent posted record Q4 revenue of $2.05 billion, driven by a 66% jump in Data Center revenue and higher gross margin to 40.2%. Fiscal 2027 appears effectively sold out, with purchase orders extending into 2028 and long-term agreements running through the decade. The company highlights six-inch InP as boosting capacity and margin leverage.