For the third fiscal quarter ended June 29, 2013, Coherent announced net sales of $213.7 million and net income, on a U.S. GAAP basis, of $16.7 million, or $0.68 per diluted share. These results compare to net sales of $196.4 million and net income of $17.2 million, or $0.72 per diluted share, for the third quarter of fiscal 2012. Non-GAAP net income for the third quarter of fiscal 2013 was $22.6 million, or $0.91 per diluted share. Non-GAAP net income for the third quarter of fiscal 2012 was $21.3 million, or $0.88 per diluted share.
Founded in 1966, Coherent, Inc. is a world leader in providing photonics based solutions to the commercial and scientific research markets and part of the Standard & Poor’s SmallCap 600 Index and the Russell 2000.