$COHR reports fiscal Q4 after the close today. On strong AI-infrastructure demand, consensus sees revenue up 30% YoY to $1.99B . The core engine is its Data Center & Communications segment — over 70% of revenue — riding explosive demand for high-speed optical: 800G shipping at high volume, next-gen 1.6T ramping, with strong orders from cloud and compute leaders. Margins are the other read. Per Bloomberg, COHR has improved internal processes to unlock capacity at its InP wafer fab and packaging — shifting the mix higher-margin and pushing adjusted gross margin toward the top of its 39–41% guide. Two things to watch on the call: whether the FY2027 outlook keeps accelerating, and any update on the CPO work with Nvidia — including new customers. → NFA. For informational purposes only.