Lumentum Holdings

Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Optical Communications (OpComms) and Commercial Lasers segments. The OpComms segment includes a range of components, modules, and subsystems to support customers including carrier networks of access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) applications. The Commercial Lasers segment focuses on serving customers in markets and applications such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. The company was founded on February 10, 2015, and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Lumentum Holdings Inc. reports under-shipping in Q3 earnings call

Lumentum Holdings Inc. (LITE) reported under-shipping and gross margin pressures in Q3. Despite challenges in inventory levels and a slowdown in certain business segments, the Company remains focused on long-term growth opportunities, including AI build-out and subsea cable deployment.

Lumentum Holdings surpasses revenue guidance, faces margin challenges

Lumentum Holdings showcased strong performance in Telecom and Commercial Lasers, exceeding revenue guidance.
Challenges include declining gross margins, ongoing supply chain issues, and softness in Datacom demand.
Opportunities lie in margin recovery, technology expansion, and addressing pricing pressures through customer agreements.
Overall, the company anticipates exceeding synergy savings targets and expects growth in key business segments.

Lumentum Holdings navigates revenue challenges, eyes LiDAR market growth

Lumentum Holdings remains confident in its market positions and long-term gross margin targets despite recent challenges. The company is focused on innovation to meet evolving customer needs and expects demand recovery in the second half of the calendar year.

Lumentum Holdings reports strong Q4 performance and eyes growth opportunities

Lumentum Holdings delivered a strong Q4 performance, with revenue up 3% and EPS exceeding guidance ranges.
While facing challenges in gross margin and underutilization, strategic initiatives are in place to drive improvement.
The company's focus on customer partnerships, innovation in photonics products, and expectations for revenue growth present promising opportunities.
Overall, Lumentum's performance reflects resilience amidst challenges and a strategic outlook towards future growth and market trends.

Lumentum Holdings reports Q1 revenue decline, eyes growth opportunities

Lumentum Holdings' Q1 performance reflects a mix of revenue declines and segment growth, with a positive outlook for Q2 and calendar '24. The Cloud Light acquisition is seen as a strategic move with immediate benefits and growth potential. Challenges include meeting demand post-acquisition and addressing telco softness.

Lumentum Holdings reports robust Q2 earnings, eyes expansion opportunities

Lumentum Holdings' Q2 performance was driven by strong revenue, with a focus on expanding manufacturing capacity and introducing new product designs. Despite challenges in certain segments, the company remains confident in its position in the data center market and anticipates growth opportunities in telco inventory recovery and production capacity expansion.

Lumentum reports mixed Q3 results, eyes datacom growth opportunities

Lumentum's Q3 '24 showed mixed revenue performance with growth in cloud networking but challenges in telecom.
The company's focus on expanding manufacturing capacity and strategic growth plans are key strengths.
Challenges include telecom revenue struggles and the need for a steep recovery in the telco business.
Opportunities lie in datacom business growth, revenue milestones, and capacity expansions to support growth.

Lumentum Holdings exceeds Q4 expectations, eyes $500M revenue milestone

Lumentum Holdings excelled in Q4, focusing on cloud business growth and capacity expansion. Challenges include meeting demand for optical transceivers and components. Opportunities exist in expanding technologies and customer base for future growth.

Lumentum Holdings surpasses Q1 expectations, eyes cloud expansion for growth

Lumentum Holdings delivered strong financial performance in Q1, exceeding revenue and earnings expectations, with a positive outlook for Q2 revenue and margins.
The company's strategic focus on expanding cloud and AI opportunities, along with investments in R&D and technology advancements, positions it well for future growth.
While facing challenges in the Industrial Tech segment and operational efficiency, Lumentum is leveraging opportunities in cloud demand, photonics technology, and vertical integration.
Confidence in revenue growth targets and commitment to innovation underscore Lumentum's resilience and potential for sustained success in the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Cloud and Networking, and Industrial Tech segments. The Cloud and Networking segment refers to a portfolio of optical and photonic components, modules, and subsystems. The Industrial Tech segment includes solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers. The company was founded on February 10, 2015 and is headquartered in San Jose, CA.

MicroVision

The Zacks Laser Systems and Components industry participants like Lumentum Holdings (LITE) and MicroVision (MVIS) gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.

2 Laser Systems Stocks to Watch in a Challenging Industry

The telecoms equipment specialist unveiled its fiscal third-quarter results. On a trailing basis they notched a double beat, but guidance was weak.

Why Lumentum Holdings Stock Got Trounced on Tuesday

Lumentum (LITE) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.75 per share a year ago.

Lumentum (LITE) Q3 Earnings Beat Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal third quarter ended March 30, 2024. “Lumentum is well-positioned to capitalize on surging cloud data center demand driven by the exponentially increasing requirements of artificial intelligence,” said Alan Lowe, President and CEO. “We are making significant strides in developing new products and customer programs, and expanding production capacity to capitalize on exciti.

Lumentum Announces Fiscal Third Quarter 2024 Financial Results

Lumentum (LITE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Lumentum (LITE) to Report a Decline in Earnings: What to Look Out for

GreenTree Hospitality Group

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced that it has received the EcoVadis Platinum Medal for the second consecutive year, representing the highest level of recognition for sustainability performance. Lumentum remains in the top one percent of companies assessed by EcoVadis in the past year, increasing its overall score from 78 to 80 points. In the environmental.

Lumentum Awarded Platinum EcoVadis Medal for Second Consecutive Year

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal third quarter 2024 financial results on Monday, May 6, 2024, after the market closes. Lumentum will hold a conference call the same day at 2:00 p.m. PT/5:00 p.m. ET. A live webcast of the call and the replay will be available in the Investors section of the Lumentum website at http://investor.lumentum.com. To participate via telephone: Dial-In: (833) 470-1428 or (404) 975-4839.

Lumentum to Announce Fiscal Third Quarter 2024 Financial Results on May 6, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced significant performance enhancements to its 800ZR+ transceivers. These improvements enable the 800ZR+ modules to serve a wider range of applications, including expanded use in metro and regional networks through the ability to interface directly into routers. Additionally, the enhanced performance modes now make 400ZR+ an.

Lumentum Enhances Performance in 800ZR+ Transceivers for Broader Applications

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, introduced today the latest additions to its comprehensive suite of photonic products at the 2024 Optical Fiber Communication Conference (OFC) in San Diego, California. Lumentum's innovations are designed to accelerate the speed, efficiency, and scalability of cloud, artificial intelligence (AI), and networking applications. Lumentum wil.

Lumentum Unveils Breakthrough Innovations and Demonstrations at OFC 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today that its experts will contribute to technical sessions, presentations, and panel discussions at the Optical Fiber Communication Conference (OFC) being held in San Diego, California from March 26 - 28, 2024. Alan Lowe, CEO and President of Lumentum, will take part in the Optica Executive Forum's CEO Panel at OFC, discussin.

Lumentum Thought Leaders to Present on Leading Edge Innovations and the Role of Photonics in AI Data Centers at OFC 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Jae Kim as Senior Vice President, General Counsel and Corporate Secretary, reporting to Alan Lowe, President and Chief Executive Officer. In this role, Kim will be responsible for leading Lumentum's Legal department, including Corporate Affairs, Commercial Transactions, Trade Compliance, and Intellectua.

Lumentum Appoints Jae Kim as Senior Vice President, General Counsel and Secretary

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced that several of its groundbreaking products have been recognized as “best in class” in the 2024 Lightwave Innovation Review awards. An esteemed panel of judges, comprised of experts from across the optical communications community, awarded Lumentum with an outstanding 4.5 out of 5 honoree status for three of its products, highl.

Lumentum Recognized in Three Optical Communications Product Categories at 2024 Lightwave Innovation Reviews

Lumentum beat expectations on both the top and bottom lines this morning. Sales and profit margins remain on the decline, however, and the only thing growing at Lumentum is the losses.

Why Lumentum Holdings Stock Dropped After Earnings

Lumentum Holdings Inc. (LITE) Q2 2024 Earnings Call Transcript

Lumentum (LITE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $1.52 per share a year ago.

Lumentum (LITE) Tops Q2 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal second quarter ended December 30, 2023. “Lumentum stands at the leading edge of photonics innovation, partnering with customers to enable the future of data centers and the networks that connect them. Given the surging bandwidth demands of AI data centers, and our strong traction on new transceiver opportunities, we are strategically expanding our leading-edge transceive.

Lumentum Announces Fiscal Second Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2024 financial results on Thursday, February 8, 2024, before the market opens. Lumentum will hold a conference call the same day at 5:30 a.m. PT/8:30 a.m. ET. A live webcast of the call and the replay will be available in the Investors section of the Lumentum website at http://investor.lumentum.com. To participate via telephone: Dial-In: (833) 470-1428 or (404) 9.

Lumentum to Announce Fiscal Second Quarter 2024 Financial Results on February 8, 2024

NetEase

Universal Display

Virtual reality ( VR ) had its peak in 2023 alongside artificial intelligence ( AI ). They are already part of the technology of this new era.

Virtual Reality Ventures: 3 Stocks Pioneering Immersive Technology

On Friday morning, Craig-Hallum analyst Richard Shannon upgraded Lumentum stock to buy. Shannon forecasts a rebound in telecommunications equipment spending in 2024, spurred by AI and cloud computing needs.

Why Lumentum Stock Popped on Friday

I revised my rating for Lumentum Holdings from neutral to buy as I am positive about the potential of the Cloud Light Technology acquisition. The acquisition of CLT has significantly improved Lumentum's growth trajectory and competitive position. The high-speed transceiver market, particularly in the AI-related data center infrastructure, offers growth potential for Lumentum.

Lumentum Holdings: Very Positive On The Cloud Light Technology Acquisition

Lumentum faces tough macro and competitive challenges. Acquisitions are helping reduce customer concentration issues, but its core businesses lack clear competitive advantages.

Is Lumentum a Top Stock to Buy in 2024?

Lumentum Holdings Inc. (NASDAQ:LITE ) Q1 2024 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Kathy Ta - Vice President of Investor Relations Alan Lowe - President and Chief Executive Officer Wajid Ali - Chief Financial Officer Chris Coldren - Senior Vice President and Chief Strategy and Corporate Development Officer Conference Call Participants Simon Leopold - Raymond James Joe Cardoso - JPMorgan Meta Marshall - Morgan Stanley David Vogt - UBS Vivek Arya - Bank of America Securities George Notter - Jefferies Christopher Rowland - Susquehanna Ananda Barua - Loop Capital Mike Genovese - Rosenblatt Securities Ruben Roy - Stifel Dave Kang - B. Riley Operator Good day, everyone, and welcome to the Lumentum Holdings First Quarter Fiscal Year 2024 Earnings Call.

Lumentum Holdings Inc. (LITE) Q1 2024 Earnings Call Transcript

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal first quarter ended September 30, 2023. “We are thrilled to welcome the talented Cloud Light team to Lumentum. In calendar 2024, we expect cloud applications will drive over 30 percent of our Cloud & Networking revenue, both within data centers and for data center interconnect. We anticipate year-over-year Cloud & Networking growth in calendar 2024, driven by acc.

Lumentum Announces Fiscal First Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) today announced that it has completed its previously announced acquisition of Cloud Light Technology Limited (“Cloud Light”). “I am excited to add Cloud Light's high-speed optical transceiver products, differentiated technology, and talented team to Lumentum,” said Alan Lowe, Lumentum President and CEO. “Cloud operators have embraced this transaction, recognizing the enhanced customer value proposition it brin.

Lumentum Announces Completion of Cloud Light Acquisition

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) and Cloud Light Technology Limited (“Cloud Light”) today announced that they have entered into a definitive agreement under which Lumentum will acquire Cloud Light with a transaction value of approximately $750 million, subject to certain adjustments. At the time of closing, transaction consideration will be paid in cash and the assumption and substitution of outstanding unvested Cloud Light options. The trans.

News for Lumentum Holdings Stock (LITE)