Short answer
Coherent Corp (COHR) filed its Q3 2018 10-Q quarterly report on Nov 8, 2018 for the quarter ended Sep 30, 2018.
Coherent Corp Q3 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $314.4M, up 20% YoY from $261.5M, driven by optical communications, VCSEL and silicon carbide demand
- Gross margin 39.4% vs 40.5% YoY; net margin 8.3% vs 8.1%, with China pricing pressure
- Best segment: Performance Products revenue $73.1M, up 27%; worst: Photonics operating income $15.9M, down 21%
- Operating cash flow $19.0M vs $12.4M; capital expenditures $35.9M and acquisitions $45.2M
- Fiscal 2019 IR&D expected at 10% to 11% of revenue; risks include pricing erosion, product mix and trade restrictions
Risk Factors
- No material changes disclosed in provided excerpt, which contains no substantive Item 1A risk-factor discussion
- Regulatory risk: Tax Act implementation remains provisional pending IRS guidance, with finalization expected by December 31, 2018
- Financial risk: Total debt increased to $537.1 million, including $345.0 million convertible notes due 2022
- Liquidity risk: Credit-facility availability declined to $146.3 million from $246.4 million
- Foreign-exchange risk: Foreign-currency translation loss reached $10.7 million in the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Coherent Corp quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.