Coherent (COHR) reported fiscal Q3 non-GAAP earnings Wednesday of $0.91 per diluted share, up from $0.38 a year earlier.

Analysts polled by FactSet expected $0.86.

Revenue for the quarter ended March 31 was $1.5 billion, up from $1.21 billion a year earlier.

Analysts surveyed by FactSet expected $1.44 billion.

The company said it expects fiscal Q4 non-GAAP EPS between $0.81 and $1.01 and revenue between $1.425 billion and $1.575 billion.

Analysts polled by FactSet expect $0.91 and $1.47 billion.

The company's shares were falling nearly 3% in recent trading.