$COHR delivered and AI optics beat and a strong Q1 guide. The stock’s negative first read says the bar was obv a lot higher. Maybe it’s gross margins.
Revenue: $2.046B vs. $1.98B, BEAT by about $66M / 3.3%.
Non-GAAP EPS: $1.74 vs. $1.62, BEAT by $0.12 / 7.4%.
Non-GAAP gross
