Es verblüfft schon wenn die Gewinne zum Teil auf die Guten Verkaufszahlen der Tochter Lambda Physik zurückzuführen sind.Wie wirkt sich das eigentlich hier auf eine Dividende aus,wenn die abgeführt werden sollten?
Coherent hat heute Bericht gebracht,ist aber gefallen,minus 5,5% auf 43 $Laser-based products maker Coherent [COHR: Nasdaq] reported impressive 4Q results this week, and gave an encouraging outlook for next year. Now that the stock has seen quite a large jump following the report, the amount of short-term upside to the stock has been reduced, but strong international sales could move the stock higher next year.
The company, which makes lasers for a wide variety of industries, earned $0.45 per share, up from the $0.35 per share it earned in the prior-year period and a penny better than analysts expected. Revenues climbed 18% from the prior-year period to total $155m.
What’s been impressive enough to send the stock up 44% in just one session is the increase in bookings and backlog. Booking increased over last year in all business segments, though most noticeably in the company’s main business line, Electro-Optics, which saw bookings rise 31%. Backlog grew 8.6% sequentially to $174m. Coherent’s supplies laser-based products to researchers, clinics and private practices. It also supplies products to original equipment manufacturer (OEM) applications such as semiconductor processing and optical and laser parts to other laser system manufacturers.
International sales contributed 59% to total sales, up from last year’s 58%. We’d like to see further growth in international sales as a percentage of total sales, especially in Asia, which holds the world’s fastest-growing market for industrial manufacturing.
The company didn’t breakdown sales by region, though we believe most international sales came from Europe, through the firm’s German subsidiary, Lambda Physik AG, which makes high-powered laser sources for industrial and medical applications. Through Lambda, Coherent received its largest order in history in the first quarter of 2001, an order valued at $16.9m, from semiconductor equipment maker Silicon Valley Group [SVGI: Nasdasq].
Looking forward, Coherent said in its conference call that it expects to revenues to grow by 17% to 23% over FY01, with the majority of the growth occurring in the second half of 2001. It is expecting its Electro-Optics division to grow by 20%-35%, and its medical division to grow by 5%-10%.
Coherent looks strong, but could come under fire later in the year if the market perceives a fast-than-expected slowdown in semiconductor equipment purchasing. The way to offset this is to grow sales internationally, particularly in Asia where expansion is expected to be most strong in 2001. We’d wait until next quarter to see how Coherent is progressing abroad.
Market Timing
Coherent [COHR: Nasdaq] had been trending lower since mid-September, but now appears to have jump started a near-term uptrend. Resistance will be found at $50, about 9% above current prices.
Bericht bei freerealtime.com
Coherent hat heute Bericht gebracht,ist aber gefallen,minus 5,5% auf 43 $Laser-based products maker Coherent [COHR: Nasdaq] reported impressive 4Q results this week, and gave an encouraging outlook for next year. Now that the stock has seen quite a large jump following the report, the amount of short-term upside to the stock has been reduced, but strong international sales could move the stock higher next year.
The company, which makes lasers for a wide variety of industries, earned $0.45 per share, up from the $0.35 per share it earned in the prior-year period and a penny better than analysts expected. Revenues climbed 18% from the prior-year period to total $155m.
What’s been impressive enough to send the stock up 44% in just one session is the increase in bookings and backlog. Booking increased over last year in all business segments, though most noticeably in the company’s main business line, Electro-Optics, which saw bookings rise 31%. Backlog grew 8.6% sequentially to $174m. Coherent’s supplies laser-based products to researchers, clinics and private practices. It also supplies products to original equipment manufacturer (OEM) applications such as semiconductor processing and optical and laser parts to other laser system manufacturers.
International sales contributed 59% to total sales, up from last year’s 58%. We’d like to see further growth in international sales as a percentage of total sales, especially in Asia, which holds the world’s fastest-growing market for industrial manufacturing.
The company didn’t breakdown sales by region, though we believe most international sales came from Europe, through the firm’s German subsidiary, Lambda Physik AG, which makes high-powered laser sources for industrial and medical applications. Through Lambda, Coherent received its largest order in history in the first quarter of 2001, an order valued at $16.9m, from semiconductor equipment maker Silicon Valley Group [SVGI: Nasdasq].
Looking forward, Coherent said in its conference call that it expects to revenues to grow by 17% to 23% over FY01, with the majority of the growth occurring in the second half of 2001. It is expecting its Electro-Optics division to grow by 20%-35%, and its medical division to grow by 5%-10%.
Coherent looks strong, but could come under fire later in the year if the market perceives a fast-than-expected slowdown in semiconductor equipment purchasing. The way to offset this is to grow sales internationally, particularly in Asia where expansion is expected to be most strong in 2001. We’d wait until next quarter to see how Coherent is progressing abroad.
Market Timing
Coherent [COHR: Nasdaq] had been trending lower since mid-September, but now appears to have jump started a near-term uptrend. Resistance will be found at $50, about 9% above current prices.
Bericht bei freerealtime.com
