Coherent Corp. (COHR) delivered a solid quarter that sent shares climbing in after-hours trading Wednesday, shaking off an initial post-earnings dip.

The Numbers: Coherent reported earnings of $1.29 per share, sailing past the Street's $1.21 estimate by about 6.79%. Revenue came in at $1.69 billion, beating the $1.64 billion consensus.

CEO Jim Anderson pointed to the company's data center business as the star performer. "We delivered strong year-over-year revenue growth in the December quarter, driven by another quarter of strong demand in our data center and communications segment," he said.

Looking Ahead: For the current quarter, Coherent expects adjusted earnings between $1.28 and $1.48 per share, essentially in line with the $1.32 analyst estimate. Revenue is projected at $1.7 billion to $1.84 billion, compared to the Street's $1.71 billion forecast.

Shares jumped 5.21% to $221.29 in extended trading following the report.