🟢 Leveraged Coherent ETF (COHH) is trading 16.11% up in after-hours trading as Coherent tops estimates

COHH is trading at $2.61, up 16.11% in after-hours trading, after Coherent’s fiscal Q1 results beat estimates.

• Adjusted EPS was $2.09 versus $1.97 expected, while revenue was $2.37 billion versus $2.30 billion expected.
• Management forecast fiscal 2027 pro forma revenue growth above 60%; AI data-center demand for optical connectivity was a key growth driver.
• The fund seeks 2× Coherent’s daily performance.