Coherent, Inc. Corrects Fiscal 2001 Revenue Guidance

Apr 24, 2001, 01:00 ET from Coherent, Inc.

    SANTA CLARA, Calif., April 24 /PRNewswire Interactive News Release/ --
 Coherent, Inc. (Nasdaq:   COHR) late today issued a correction to the guidance
 it provided in its quarterly conference call relating to its estimated fiscal
 2001 revenues.  The guidance should have reflected anticipated revenue of
 $470-$480 million from continuing operations for the 2001 fiscal year ending
 September 29, 2001.
     This estimate of fiscal 2001 revenue is a forward-looking statement within
 the meaning of the Private Securities Litigation Reform Act of 1995.  Readers
 are cautioned not to place undue reliance on this forward-looking statement,
 which speaks only as of the date hereof.  The Company undertakes no obligation
 to release publicly the result of any revisions to this forward-looking
 statement that may be made to reflect events or circumstances after the date
 hereof or to reflect the occurrence of unanticipated events.  Readers are
 encouraged to refer to the risk disclosures described in the Company's reports
 filed with the SEC, including but not limited to the Form 10-K for the fiscal
 year ended September 30, 2000 and the Form 10-Q for the quarter ending
 December 30, 2000.
     Founded in 1966, Coherent, Inc. is a Standard & Poor's SmallCap 600
 company and a world leader in providing photonics based solutions to the
 commercial, scientific, medical, and telecom markets.  Please direct any
 questions to Peter Schuman, Director, Investor Relations at 408-764-4174.  For
 more information about Coherent, visit the Company's Web site at
 http://www.coherentinc.com .
 
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SOURCE Coherent, Inc.
    SANTA CLARA, Calif., April 24 /PRNewswire Interactive News Release/ --
 Coherent, Inc. (Nasdaq:   COHR) late today issued a correction to the guidance
 it provided in its quarterly conference call relating to its estimated fiscal
 2001 revenues.  The guidance should have reflected anticipated revenue of
 $470-$480 million from continuing operations for the 2001 fiscal year ending
 September 29, 2001.
     This estimate of fiscal 2001 revenue is a forward-looking statement within
 the meaning of the Private Securities Litigation Reform Act of 1995.  Readers
 are cautioned not to place undue reliance on this forward-looking statement,
 which speaks only as of the date hereof.  The Company undertakes no obligation
 to release publicly the result of any revisions to this forward-looking
 statement that may be made to reflect events or circumstances after the date
 hereof or to reflect the occurrence of unanticipated events.  Readers are
 encouraged to refer to the risk disclosures described in the Company's reports
 filed with the SEC, including but not limited to the Form 10-K for the fiscal
 year ended September 30, 2000 and the Form 10-Q for the quarter ending
 December 30, 2000.
     Founded in 1966, Coherent, Inc. is a Standard & Poor's SmallCap 600
 company and a world leader in providing photonics based solutions to the
 commercial, scientific, medical, and telecom markets.  Please direct any
 questions to Peter Schuman, Director, Investor Relations at 408-764-4174.  For
 more information about Coherent, visit the Company's Web site at
 http://www.coherentinc.com .
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X04615209
 
 SOURCE  Coherent, Inc.