SANTA CLARA, Calif. (AP) _ Coherent Inc. (COHR) on Wednesday reported fiscal first-quarter net income of $30.3 million.

The Santa Clara, California-based company said it had net income of $1.21 per share. Earnings, adjusted for one-time gains and costs, came to $2.32 per share.

The maker of lasers for commercial and scientific uses posted revenue of $384.5 million in the period.

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