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Wall Street Expects Coherent Q1 Sales to Rise More Than 50%

Wall Street Expects Coherent Q1 Sales to Rise More Than 50%

Photo: TokenPost

Wall Street analysts expect Coherent’s first-quarter sales to climb more than 50% when the photonics company reports Wednesday, Nov. 4, amid increased investment in AI data centers. Coherent makes optical transceivers and other photonics products. The expected sales increase reflects higher investment in AI data centers. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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