# Coherent Posts $2.37 Billion in Fiscal Q1 Revenue, Sets Q2 Outlook By John Kim Canonical URL: https://www.tokenpost.com/news/business/50452 Published: 2026-11-07T00:27:03.000Z Updated: 2026-11-07T00:27:03.000Z Section: Business > Revenue rose 49.9% year over year on a GAAP basis and 56% on a pro forma basis. Coherent Corp. posted $2.37 billion in revenue for fiscal 2027's first quarter, an increase of 49.9% year over year on a GAAP basis and 56% on a pro forma basis. It forecast second-quarter revenue of $2.55 billion to $2.75 billion. Before the earnings release, Wall Street analysts expected first-quarter sales growth of more than 50% amid increased investment in AI data centers, an [earlier sales forecast](). ## Links in this article - [earlier sales forecast](https://www.tokenpost.com/news/business/47927)