$COHR (-3.78%)

- Revenue: $1.43B, +27% YoY

- GAAP EPS: $0.44, improved $0.82 YoY

- Non-GAAP gross margin: 38.2%, +363 bps YoY

CEO Jim Anderson: "We delivered strong growth in the December quarter on both a sequential and year-over-year basis, resulting in record revenue, driven by another quarter of strong AI-related Data Center demand as well as growth in our Telecom business."

🌱Revenue & Growth

- Networking: $815.9M, +56% YoY

- Materials: $243.5M, -4% YoY

- Lasers: $375.3M, +6% YoY

- Sequential revenue growth: +6.4% QoQ

💰Profits & Financials

- GAAP operating margin: 9.5% vs 2.8% YoY

- Non-GAAP operating margin: 18.5% vs 13.5% YoY

- Operating cash flow: $340.4M vs $266.0M YoY

- Cash and equivalents: $917.8M

📌Business Highlights

- Received CHIPS Act funding to increase Indium Phosphide production capacity

- First customer order for new Optical Circuit Switch based on digital liquid crystal technology

- First shipment of Excimer Laser Annealing system for Gen 8 OLED display fab

🔮Future Outlook

- Q3 FY25 revenue guidance: $1.39B-$1.48B

- Q3 Non-GAAP gross margin: 37%-39%

- Q3 Non-GAAP EPS guidance: $0.75-$0.95

Just bought $LOAR out of FOMO - it's a company that appears to have immense growth potential for both the defense and aerospace industries and I believe it is still under-regarded by retail investors.

At the moment it is really one of the few stocks, together with $COHR (-3.78%), for which I could consider unbalancing the portfolio with percentages greater than 3%.

Let me know if any of you have already checked it out.