Lumentum Holdings Inc. Stock News

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to host and participate in a number of investor events in the comi

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.

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.

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

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 m

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

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

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

The Zacks Laser Systems and Components industry participants like IPG Photonics (IPGP) and Lumentum (LITE) gain from solid demand for emerging applications like autonomous driving, IoT, 5G and healthc

Coherent and Lumentum are both leading laser and optical chip makers. Coherent is larger and operates a growing silicon carbide business.

Coherent expanded through acquisitions over the past three decades. It expects to profit from the growth of the silicon carbide and AI markets.

Optical and photonics manufacturer Lumentum Holdings Inc. NASDAQ: LITE provides optical components and lasers to data centers, cloud providers, telecoms and the manufacturing industry. Its optical pro

Although the revenue and EPS for Lumentum (LITE) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street

Lumentum (LITE) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.47 per share a year ago.

The company says it expects fiscal first-quarter adjusted earnings of between 20 cents and 35 cents a share, below Wall Street estimates.