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Flat Panel Orders Drive Coherent Profits

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by Melinda Rose, Senior Editor

SANTA CLARA, Calif., Aug. 3, 2011 — Strong sales in the microelectronics market — including the first bookings of a record $77 million display order — allowed laser maker Coherent Inc. to post a third-quarter profit of $19 million, or 74 cents a share, the company announced last week. The $210 million in revenue for the quarter was a new record for Coherent, CFO Helene Simonet said in the company's earnings call with analysts and investors on July 27. The nearly 27 percent growth in sales, as compared to the same quarter a year ago, and five percent increase over the previous quarter was primarily driven by...Read full article

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    Published: August 2011
    Glossary
    excimer laser
    An excimer laser is a type of ultraviolet laser that emits short pulses of light in the ultraviolet spectrum. The term excimer is derived from excited dimer, reflecting the nature of the gain medium used in these lasers. Excimer lasers are widely used in various industrial, medical, and scientific applications due to their ability to deliver high-energy, UV light in short pulses. Key features and characteristics of excimer lasers include: Excimer molecules: The gain medium of an excimer...
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