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14 Nov 18
‘On-course’ Jenoptik raises 2018 revenue forecast again

First nine months’ revenue up 12.6% over 2017 equivalent; and pre-tax earnings up by 27.8%; 2018 acquisitions completed.

12 Nov 18
Apple blamed as Lumentum slashes sales forecast

Revenue guidance for current quarter cut by $70M on sudden drop in demand for laser diodes used in 3D sensing applications.

12 Nov 18
II-VI and Finisar agree $3.2BN merger

But II-VI stock falls by one-fifth as market questions price of deal valuing Finisar at substantial premium.

08 Nov 18
Infinera bombs amid customer spending 'pause'

Optical networking equipment and photonic integrated circuit manufacturer sheds one-third of its market valuation as investors take fright.

07 Nov 18
Coherent sales hit by US-China tariffs

Trade war takes the edge off record-breaking fiscal year, with a 10% dip in sales now pencilled in for 2019.

06 Nov 18
nLight looks to move up power scale

Fiber laser firm reports 'aggressive' price competition in China; says will move beyond 10 kW in 2019.

02 Nov 18
II-VI soars on strong outlook across multiple sectors

Stock leaps 20% as company reports negligible impact from China tariffs, broad-based demand for its photonic components and sub-systems, and an acquisition related to laser weapons development.

31 Oct 18
Stemmer and Cognex both report healthy revenues

Stemmer's record annual revenue up 14% to over €100 million; Cognex has second-best quarter but warns China market is cooling.

31 Oct 18
MKS buying Electro Scientific Industries in billion-dollar cash deal

Laser micromachining systems firm seen as highly complementary addition to MKS' existing photonics portfolio, including Spectra-Physics laser division.

30 Oct 18
IPG positive on 2019 prospects

Fiber laser firm sees opportunities to cement market-leading position amid current market downturn.

29 Oct 18
'Image-quality' lidar firm raises $30M

Silicon Valley-based Innovusion wins Chinese venture backing to target market for autonomous vehicles with laser sensors.

25 Oct 18
Laser division helps MKS ride out semiconductor slowdown

Spectra-Physics performing well amid generally weaker trading outlook.

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