Coherent (COHR) official guidance

Given the exceptional demand profile and clear ROI visibility, we expect capital expenditures to increase sequentially again in Q1.

We expect the tax rate for the quarter to be between 18% and 20% on a non-GAAP basis.

We expect EPS of between $1.85 and $2.05 on a non-GAAP basis.

Along with strong revenue growth, we expect continued gross margin expansion and operating leverage, enabling us to grow EPS significantly faster than revenue.

We expect non-GAAP gross margin to be between 39.5% and 41.5%.

We expect total operating expenses of between $400 million and $420 million on a non-GAAP basis.

We expect initial revenue from PhotonLink-related products to begin in our December quarter.

Having achieved our first $2 billion revenue quarter, we now expect to achieve our first quarter with over $3 billion of revenue by the end of fiscal 2027.

We expect revenue to be between $2.2 billion and $2.4 billion.

We expect another quarter of strong sequential growth in Q1.

We also expect CPO to begin contributing to revenue growth in fiscal Q2, consistent with our planned production ramp.

So we would expect our data center growth, for instance, this quarter on a year-over-year basis to exceed 80%.

Given strong customer demand across our 320 by 320 platform and other system sizes, we expect OCS revenue to grow significantly through fiscal 2027.

We expect our growth to accelerate significantly in fiscal 2027.

Due to our strong bookings and the rapidly growing demand, we expect capital expenditures will increase sequentially in Q4.

We expect the tax rate for the quarter to be between 18% and 20% on a non-GAAP basis.

We expect EPS of between $1.52 and $1.72 on a non-GAAP basis.

We expect non-GAAP gross margin to be between 39% and 41%.

We expect total operating expenses of between $360 million and $380 million on a non-GAAP basis.

We expect revenue to be between $1.91 billion and $2.05 billion.