Lumentum Holdings Inc. Stock News

Lumentum press release (LITE): FQ2 Non-GAAP EPS of $1.60 beats by $0.02.Revenue of $446.7M (-6.7% Y/Y) beats by $1.98M.FQ3 outlook: Net revenue in the range of $375M to $405M vs

Lumentum (LITE) delivered earnings and revenue surprises of 0.63% and 0.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Lumentum Holdings Inc  LITE reported second-quarter FY22 revenue of $446.7 million, down 6.7% year-on-year, beating the consensus of $445.5 million. Optical Communications revenue declined 11.5% Y/

Lumentum (NASDAQ:LITE) is scheduled to announce Q2 earnings results on Thursday, February 3rd, before market open.The consensus EPS Estimate is $1.58 (-20.6% Y/Y) and the consensus

Lumentum (LITE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Lumentum (LITE) said that the HSR expiration period for its planned purchase of NeoPhotonics (NPTN) has expired so the deal has now received U.S

SAN JOSE, Calif., Jan. 18, 2022 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2022 financial results on Thursday, February 3, 2022,

What''s behind the high Relative Strength Rating of Lumentum stock? It just might be Apple''s plans for augmented reality.

iShares North American Tech-Multimedia Networking ETF (IGN) topped the list of best-performing U.S. equity ETFs in December, gaining about 13%.

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Lumentum (NASDAQ:LITE) had its price target raised by Susquehanna Bancshares from $100.00 to $120.00 in a report released on Wednesday, Stock Target Advisor reports. Susquehanna Bancshares currently has a positive rating on the technology companys stock. A number of other equities research analysts have also weighed in on LITE. MKM Partners lifted their price objective [] The post Lumentum (NASDAQ:LITE) Price Target Raised to $120.00 at Susquehanna Bancshares appeared first on ETF Daily News .

Apptio announced a collaboration with Microsoft to deploy Apptios financial decisioning platform on the Microsoft Cloud to help enterprises migrate and optimize workloads. Cloud adoption, and the wide variety of services and consumption models present, have given enterprises the flexibility to keep pace with the demands of the digital economy. However, that flexibility can lead to surprises when the invoice arrives, said Ralph Loura, SVP and CIO, Lumentum. The collaboration between Microsoft and Apptio will More The post Apptio collaborates with Microsoft to deliver insights and business management applications for IT appeared first on Help Net Security .

Lumentum (NASDAQ:LITE) had its target price lifted by Susquehanna from $100.00 to $120.00 in a research note released on Wednesday morning, Benzinga reports. They currently have a positive rating on the technology companys stock. A number of other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target []

In recent trading, shares of Lumentum Holdings Inc (Symbol: LITE) have crossed above the average analyst 12-month target price of $100.77, changing hands for $102.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. [] The post Lumentum Holdings Reaches Analyst Target Price appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .