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Coherent, Inc. Reports Second Fiscal Quarter Results

SANTA CLARA, Calif. April 26, 2012 March 31, 2012

FINANCIAL HIGHLIGHTS

Three Months Ended

Six Months Ended

GAAP Results

(in millions except per share data)

Mar. 31,

Dec. 31,

April 2,

Mar. 31,

April 2,

2012

2011

2011

2012

2011

Bookings

$183.1

$201.8

$236.7

$385.0

$471.1

Net sales

$193.3

$190.8

$200.9

$384.1

$384.0

Net income

$16.2

$17.1

$23.7

$33.2

$42.8

Diluted EPS

$0.67

$0.71

$0.92

$1.38

$1.68

Non-GAAP Results

(

Net income

$17.4

$19.7

$21.5

$37.1

$42.8

Diluted EPS

$0.73

$0.82

$0.83

$1.55

$1.68

SECOND FISCAL QUARTER DETAILS

March 31, 2012 $193.3 million $16.2 million $0.67 $200.9 million $23.7 million $0.92 $17.4 million $0.73 $21.5 million $0.83 $6.1 million $0.24 Finland

$190.8 million $17.1 million $0.71 $19.7 million $0.82

March 31, 2012 $183.1 million $236.7 million $201.8 million $349.2 million March 31, 2012 $365.5 million December 31, 2011 $348.9 million April 2, 2011

John Ambroseo

$215.2 million $12.1 million $203.1 million December 31, 2011

CONFERENCE CALL REMINDER

P.M. Pacific P.M. Eastern http://www.coherent.com/Investors/ http://www.earnings.com http://www.coherent.com/Investors/

Summarized statement of operations information is as follows (unaudited, in thousands except per share data):

Three Months Ended

Six Months Ended

Mar. 31,

Dec. 31,

April 2,

Mar. 31,

April 2,

2012

2011

2011

2012

2011

Net sales

$193,284

$190,767

$200,880

$384,051

$383,991

(A) (B) (C)

115,636

110,408

112,111

226,044

212,828

Gross profit

77,648

80,359

88,769

158,007

171,163

Operating expenses:

(A) (B)

20,323

18,779

21,246

39,102

39,776

(A) (B)

35,377

34,631

38,979

70,008

75,057

Intangibles amortization

1,611

1,636

2,257

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