Navigation Links
Coherent Sets Future Financial Target
Date:9/27/2007

SANTA CLARA, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Coherent, Inc. (Nasdaq: COHR), a leading supplier of lasers and electro-optics for commercial and scientific applications, announced an adjusted EBITDA target of 19-23% of sales exiting fiscal year 2010.

The Company intends to achieve the target through a variety of activities including material cost reductions, expanded use of contract manufacturers, SG&A leverage, the introduction of more flexible and cost-effective platform designs and continued yield and reliability improvements. Implementation of these changes is staged in such a way as to minimize any impact on customers' supply chains.

"For the past several years, we have focused our energies on expanding gross margins. While we believe there are further opportunities to increase gross margins, we are broadening our efforts to incorporate SG&A leverage into the next round of financial performance improvements," said John Ambroseo, Coherent's President and Chief Executive Officer. "The completion of this program will enable us to deliver higher returns to our shareholders. Just as importantly, many of the changes will enhance the value we deliver to our customers including faster time to market, industry-leading product reliability and performance and platforms that can evolve with the customers' applications," Ambroseo added.

The Company also announced that it is reviewing several options to deploy its cash to continue to grow sustainable shareholder value. Among the choices under consideration are accretive acquisitions and a share repurchase program, the timing of the latter being dependent in part upon the Company being current in its Securities and Exchange Commission reporting obliga
'/>"/>

SOURCE Coherent, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Wisconsin will have plenty of competition in building the energy future
2. Lance Armstrong and the future of cancer care
3. Regional collaboration is key to states future
4. An upside down view of the future
5. Business plan finalists offer peek into entrepreneurial future
6. Business plan finalists offer peek into entrepreneurial future
7. Young Professionals of Milwaukee Celebrates Its Third Birthday, Looks To The Future
8. Wisconsins promising bio-refining future wont run on ethanol alone
9. Gates displays softwares future to UW-Madison students
10. Flashing into the future
11. The future of work II: standard of working up, quality of work life down
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)... Portal Solutions , a technology consulting firm ... Office 365 and SharePoint platforms , today announces its inclusion ... one of the region’s fastest-growing mid-sized companies based on a ... “To be recognized a second year in a row by ...
(Date:1/22/2015)... GEA Niro Soavi the leader in high pressure ... 2000, which is ideal for new applications for processing ... . This compact laboratory homogenizer is the perfect solution ... additives and ingredients as well as for the ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 Protocol Networks ... The growing team of brand-neutral, independent consultants, Protocol Networks ... Rogers explained that over the years, his company has ... Moroso, Town of Plainfield, as well as others. With ...
(Date:1/22/2015)... Madison, WI (PRWEB) January 22, 2015 Dr. ... at the 12th annual Scripps Natural Supplements Pre-Conference seminar on ... Supplements Conference is an annual continuing education conference for health ... 15th and included the topic of probiotics in health. Dr. ...
Breaking Biology Technology:Washington SmartCEO Announces Portal Solutions as 2015 Future 50 Award Winner Second Year in a Row 2Washington SmartCEO Announces Portal Solutions as 2015 Future 50 Award Winner Second Year in a Row 3GEA Niro Soavi Announces the PandaPLUS 2000 Homogenizer for Processing New Applications for Nanoemulsions and Cell Disruption 2Protocol Networks Brings Independent Technology Consulting to the Constitution State 2
... ICON plc, (NASDAQ:, ICLR ; ISIN:IE0005711209), ... pharmaceutical, biotechnology and medical device industries,today announced the ... accelerate,the adjudication of cardiovascular events in diabetes studies. ... cardiovascular risk in diabetic trials has been the,subject ...
... Cell Therapeutics (CTI),(Nasdaq and MTA: CTIC) announced today ... Shareholders on February 27, 2009 in lieu of the ... on February 6, 2009.,Shareholders of record at the close ... by the Board of Directors, will be entitled to ...
... Austria, Jan. 23 Intercell AG,(VSE: ICLL) today ... product approval for the company,s vaccine to,prevent Japanese ... vaccine,follows the positive recommendation provided by Australian Drug ... This decision of the Australian authorities ...
Cached Biology Technology:ICON Delivers New Electronic Solution to Expedite Clinical Trial Adjudication 2ICON Delivers New Electronic Solution to Expedite Clinical Trial Adjudication 3Australian Authorities (TGA) First to Grant Final Product Approval for Intercell's Vaccine to Prevent Japanese Encephalitis 2Australian Authorities (TGA) First to Grant Final Product Approval for Intercell's Vaccine to Prevent Japanese Encephalitis 3Australian Authorities (TGA) First to Grant Final Product Approval for Intercell's Vaccine to Prevent Japanese Encephalitis 4
(Date:1/22/2015)... 2015 , Europe,s ... The European Patent Office to present a video retrospective of the ... be featured: Christofer Toumazou and Sophie Wilson   ... winners of the Award   Starting on 22 January ...
(Date:1/22/2015)... Jan. 22, 2015 Infinisource has launched its new NXG ... model. The G2 sets a higher standard for collecting attendance ... management solution. With plug-and-play installation, touch screen interface and seamless ... a robust time collection solution for the small to mid-size ...
(Date:12/22/2014)... 22, 2014 Research and Markets ( ... "The Global Watermarking and Fingerprinting Markets" ... http://photos.prnewswire.com/prnh/20130307/600769 This insight provides ... and fingerprinting markets. Watermarking aims to control and ...
Breaking Biology News(10 mins):Ten Years of the European Inventor Award: A Retrospective Look at the Inventors and Ideas That Have Changed Our Lives 2Ten Years of the European Inventor Award: A Retrospective Look at the Inventors and Ideas That Have Changed Our Lives 3Infinisource's NXG series sets new time clock standard 2The Global Watermarking and Fingerprinting Markets 2
... 2010) -- The cover story of the most recent ... University of Miami (UM) led expedition to the underwater ... These unique environments are one of the least understood ... involved in studying these extreme environments, which include complete ...
... 2010) The term "macrophage" conjures images of a ... do much more than that: Not only do they ... in immune regulation and wound-healing. They can respond to ... in response to local cues. David Mosser, Professor ...
... A new study of the genetic basis of circadian ... has found that a few minutes of light exposure ... biological functions, everything from reproduction to coloring and DNA repair. ... fungus were known to be responsible for gene activation by ...
Cached Biology News:National Geographic features University of Miami's work on Bahamas 'blue holes' 2National Geographic features University of Miami's work on Bahamas 'blue holes' 3Macrophages: The 'defense' cells that help throughout the body 2Macrophages: The 'defense' cells that help throughout the body 3Light, circadian rhythms affect vast range of physiological, behavioral functions 2