Coherent Corp. (COHR), a leading provider of laser and optical technologies, saw its stock price soar 12.66% in the pre-market trading session on Thursday, following the company's impressive fiscal second-quarter results and upbeat outlook.

For the quarter ended December 31, 2024, Coherent reported adjusted earnings per share of $0.95, significantly outperforming the consensus estimate of $0.69. Revenue came in at $1.43 billion, up 26.8% year-over-year, driven by strong demand for its products, particularly in the AI-related Data Center and Telecom businesses.

The company's robust performance was fueled by the growing adoption of artificial intelligence (AI) technologies, which has led to increased demand for Coherent's high-performance lasers and optical components. The company's Networking segment, which includes products for AI data centers, saw revenue surge 55.7% year-over-year to $815.9 million.

Coherent's management team expressed confidence in the company's ability to capitalize on the AI boom, stating that the company's differentiated offerings position it well for continued growth. The company's focus on innovation and its strong partnerships with leading AI companies have enabled it to stay ahead of the curve in this rapidly evolving market.

Looking ahead, Coherent provided an upbeat outlook for the fiscal third quarter, expecting revenue between $1.39 billion and $1.48 billion and non-GAAP earnings per share in the range of $0.75 to $0.95, surpassing analyst estimates. The company's confidence stems from the robust demand for its AI-related products and the ongoing expansion of its production capacity to meet the growing market needs.