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Musing on Financials
Coherent Q3'19 IR Announcement
December 08, 2019
Coherent reported its financial results for Q3 2019 - revenues of $335.5 million and a non-GAAP gross profit of $122 million.
Figure 4: Excimer Laser – Converting a-Si to p-Si
Coherent Q3'19 IR Announcement
December 08, 2019
Coherent reported its financial results for Q3 2019 - revenues of $335.5 million and a non-GAAP gross profit of $122 million.
Figure 4: Excimer Laser – Converting a-Si to p-Si
Source: Online
Regarding the OLED market, Coherent says that it finally started to receive some new orders for OLED equipment (ELA), following a "stretch" where there were no new system orders. Coherent says that it looks forward to the OLED ramp - with 2020 as a "bit of a recovery over 2019" - but the real strength coming in 2021 and 2022.