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Coherent, Inc.
Coherent, Inc. Reports Fourth Fiscal Quarter Results
November 22nd, 2008
Coherent, Inc. (NASDAQ:COHR) announced financial results for its fourth fiscal quarter ended September 27, 2008, posting net sales of $142.0 million and net income, on a U.S. generally accepted accounting principles (GAAP) basis, of $4.1 million, or $0.17 per diluted share, compared to net sales of $158.9 million and a net loss of $1.3 million, or $(0.04) per diluted share, for the fourth quarter of fiscal 2007. Net income for the fourth quarter of fiscal 2008 included an after tax charge of $0.2 million related to litigation resulting from our internal stock option investigation ($0.01 per diluted share), after tax stock-related compensation expense of $1.3 million...
Source: Law & Health Weekly (2008-11-22)
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