Summary
48.84 -0.35(-0.71%)06/26/2024
Lumentum Holdings Inc (LITE)
Lumentum Holdings Inc (LITE)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.71 | -0.87 | 7.24 | -3.72 | -8.15 | -11.78 | 362.81 | 480.11 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 48.84 | |
| Open | 49.04 | |
| High | 49.31 | |
| Low | 48.60 | |
| Volume | 160,964 | |
| Change | -0.35 | |
| Change % | -0.71 | |
| Avg Volume (20 Days) | 626,585 | |
| Volume/Avg Volume (20 Days) Ratio | 0.26 | |
| 52 Week Range | 35.35 - 60.99 | |
| Price vs 52 Week High | -19.92% | |
| Price vs 52 Week Low | 38.16% | |
| Range | 3.30 | |
| Gap Up/Down | -1.85 | |
Fundamentals | ||
| Market Capitalization (Mln) | 3,325 | |
| EBIDTA | 514,500,000 | |
| PE Ratio | 19.3639 | |
| PEG Ratio | 0.9700 | |
| WallStreet Target Price | 107.43 | |
| Book Value | 27.2670 | |
| Earnings Per Share | 5.2980 | |
| EPS Estimate Current Quarter | 1.5500 | |
| EPS Estimate Next Quarter | 1.5300 | |
| EPS Estimate Current Year | 6.2100 | |
| EPS Estimate Next Year | 5.8200 | |
| Diluted EPS (TTM) | 5.2980 | |
| Revenues | ||
| Profit Marging | 0.2368 | |
| Operating Marging (TTM) | 0.1956 | |
| Return on asset (TTM) | 0.0616 | |
| Return on equity (TTM) | 0.2174 | |
| Revenue TTM | 1,738,800,000 | |
| Revenue per share TTM | 23.2620 | |
| Quarterly Revenue Growth (YOY) | -0.0090 | |
| Quarterly Earnings Growth (YOY) | 0.2560 | |
| Gross Profit (TTM) | 850,200,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 19.3639 | |
| Forward PE | 17.4825 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 3.6894 | |
| Revenue Enterprise Value | 3.8267 | |
| EBITDA Enterprise Value | 9.2273 | |
| Shares | ||
| Shares Outstanding | 72,300,000 | |
| Shares Float | 71,739,675 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.29 | |
| Institutions (%) | 94.14 | |
05/28 09:00 EST - investorplace.com
3 Sorry Nasdaq Stocks to Sell in May While You Still Can
The Nasdaq Composite‘s rally has yet to abate, but there are still Nasdaq stocks to sell. The tech-heavy index has risen over 11% and is likely to edge upwards.
3 Sorry Nasdaq Stocks to Sell in May While You Still Can
The Nasdaq Composite‘s rally has yet to abate, but there are still Nasdaq stocks to sell. The tech-heavy index has risen over 11% and is likely to edge upwards.
05/20 13:20 EST - https://www.benzinga.com
Zacks Industry Outlook Highlights Lumentum and MicroVision
For Immediate Release Chicago, IL – May 20, 2024 – Today, Zacks Equity Research discusses Lumentum Holdings and MicroVision. Industry: Laser Systems The Zacks Laser Systems and Components industry is suffering from challenging macroeconomic conditions globally, weak economic conditions in Europe and a sluggish economic environment in China. Continued economic uncertainty with low PMI numbers in Europe, North America and Japan is impacting industrial demand and capital investments. However, industry participants like Industry Description The Zacks Laser Systems and Components industry comprises companies offering high-performance fiber lasers, fiber amplifiers and diode lasers, optical and photonic products, and scanning technology solutions. The key end markets are semiconductors, metrology, advanced communication and medical devices. Industry participants also provide high-precision 3D sensors and system products for inspection and metrology. Moreover, in the medical devices space, laser and other energy-based aesthetic treatments can achieve therapeutic results by affecting structures within the skin. Developing safe and effective aesthetic treatments has resulted in a well-established market for these procedures. The industry also operates in the cyclical surface mount technology and semiconductor capital equipment markets. 3 Laser Systems & Components Industry Trends to Watch : The industry is benefiting from increasing demand for emerging applications like additive manufacturing, facial recognition, gesture recognition, LiDAR applications and IoT. Advanced lasers, especially those with 3D sensing (3DS) capabilities, are enhancing interactions using technology. Notably, 3DS — the technology that allows users to create 3D printable objects, control games with body gestures and measure objects — is in high demand. : As industries are increasingly adopting automation techniques, combining lasers with IoT improves operating efficiency. IoT-supported manufacturing equipment is far easier to update with firmware. The combination reduces costs and increases the flexibility and reliability manifold by enabling material-handling capabilities through remote sources. Strong demand from semiconductor and allied markets, which are seeing a rapid shift toward the production of micro and nano devices, is another positive for industry participants. : Industry participants suffer from sluggish capital spending by original equipment manufacturers. Moreover, persistent inflation, energy headwinds in Europe and weakness in China are expected to hurt industry participants in the near term. Zacks Industry Rank Indicates Dim Prospects The Zacks Laser Systems and Components industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #240, which places it in the bottom 4% of more than 250 Zacks industries. The group's Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates bearish near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. Despite the lackluster outlook, there are a few stocks worth watching in the industry. But before we present the top industry picks, it is worth looking at the industry's shareholder returns and current valuation first. Industry Underperforms Broader Sector and S&P 500 The Zacks Laser Systems and Components industry has underperformed the broader Zacks Computer and Technology sector and the S&P 500 composite over the past year. The industry has declined 27.3% over this period against the S&P 500's rise of 26.4% and the broader sector's growth of 39.3%. Industry's Current Valuation On the basis of the trailing 12-month P/S, which is a commonly used multiple for valuing Laser Systems and Components stocks, we see that the industry is currently trading at 6.36X compared with the S&P 500's 4.06X. It is also trading above the sector's trailing 12-month P/S of 5.51X. Over the last five years, the industry has traded as high as 12.64X and as low as 3.96X, with a median of 6.34X. 2 Laser Stocks to Watch : This San Jose, CA-based company benefits from an expanding portfolio. Its innovative product pipeline, which includes new 1.6 terabit intra-data center optical transceivers, optical switching products, and 800G coherent pluggables, is expected to improve its footprint in the data center interconnect market. Lumentum's expanding manufacturing capacity is expected to help it address cloud customers' strong demand. A strong partner base is noteworthy. LITE shares have lost 10.7% year to date. The Zacks Consensus Estimate for this Zacks Rank #3 (Hold) company's fiscal 2024 earnings has declined 7.5% to 99 cents per share over the past 30 days. : Redmond, WA-based MicroVision is a well-known provider of MEMS-based solid-state automotive lidar technology and ADAS solutions. The stock has declined 54.7% in the year-to-date period. MicroVision benefits from a diversified portfolio. It offers multiple technology nodes, with highest resolutions, smallest form factor LiDAR with its MEMS-based long-range MAVIN, as well as small form factor short-range sequential flash-based MOVIA LiDAR product lines. The Zacks Consensus Estimate for MVIS' 2024 loss has been unchanged at 49 cents per share in the past 30 days. MicroVision currently has a Zacks Rank #3. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. To read this article on Zacks.com click here.
Zacks Industry Outlook Highlights Lumentum and MicroVision
For Immediate Release Chicago, IL – May 20, 2024 – Today, Zacks Equity Research discusses Lumentum Holdings and MicroVision. Industry: Laser Systems The Zacks Laser Systems and Components industry is suffering from challenging macroeconomic conditions globally, weak economic conditions in Europe and a sluggish economic environment in China. Continued economic uncertainty with low PMI numbers in Europe, North America and Japan is impacting industrial demand and capital investments. However, industry participants like Industry Description The Zacks Laser Systems and Components industry comprises companies offering high-performance fiber lasers, fiber amplifiers and diode lasers, optical and photonic products, and scanning technology solutions. The key end markets are semiconductors, metrology, advanced communication and medical devices. Industry participants also provide high-precision 3D sensors and system products for inspection and metrology. Moreover, in the medical devices space, laser and other energy-based aesthetic treatments can achieve therapeutic results by affecting structures within the skin. Developing safe and effective aesthetic treatments has resulted in a well-established market for these procedures. The industry also operates in the cyclical surface mount technology and semiconductor capital equipment markets. 3 Laser Systems & Components Industry Trends to Watch : The industry is benefiting from increasing demand for emerging applications like additive manufacturing, facial recognition, gesture recognition, LiDAR applications and IoT. Advanced lasers, especially those with 3D sensing (3DS) capabilities, are enhancing interactions using technology. Notably, 3DS — the technology that allows users to create 3D printable objects, control games with body gestures and measure objects — is in high demand. : As industries are increasingly adopting automation techniques, combining lasers with IoT improves operating efficiency. IoT-supported manufacturing equipment is far easier to update with firmware. The combination reduces costs and increases the flexibility and reliability manifold by enabling material-handling capabilities through remote sources. Strong demand from semiconductor and allied markets, which are seeing a rapid shift toward the production of micro and nano devices, is another positive for industry participants. : Industry participants suffer from sluggish capital spending by original equipment manufacturers. Moreover, persistent inflation, energy headwinds in Europe and weakness in China are expected to hurt industry participants in the near term. Zacks Industry Rank Indicates Dim Prospects The Zacks Laser Systems and Components industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #240, which places it in the bottom 4% of more than 250 Zacks industries. The group's Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates bearish near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. Despite the lackluster outlook, there are a few stocks worth watching in the industry. But before we present the top industry picks, it is worth looking at the industry's shareholder returns and current valuation first. Industry Underperforms Broader Sector and S&P 500 The Zacks Laser Systems and Components industry has underperformed the broader Zacks Computer and Technology sector and the S&P 500 composite over the past year. The industry has declined 27.3% over this period against the S&P 500's rise of 26.4% and the broader sector's growth of 39.3%. Industry's Current Valuation On the basis of the trailing 12-month P/S, which is a commonly used multiple for valuing Laser Systems and Components stocks, we see that the industry is currently trading at 6.36X compared with the S&P 500's 4.06X. It is also trading above the sector's trailing 12-month P/S of 5.51X. Over the last five years, the industry has traded as high as 12.64X and as low as 3.96X, with a median of 6.34X. 2 Laser Stocks to Watch : This San Jose, CA-based company benefits from an expanding portfolio. Its innovative product pipeline, which includes new 1.6 terabit intra-data center optical transceivers, optical switching products, and 800G coherent pluggables, is expected to improve its footprint in the data center interconnect market. Lumentum's expanding manufacturing capacity is expected to help it address cloud customers' strong demand. A strong partner base is noteworthy. LITE shares have lost 10.7% year to date. The Zacks Consensus Estimate for this Zacks Rank #3 (Hold) company's fiscal 2024 earnings has declined 7.5% to 99 cents per share over the past 30 days. : Redmond, WA-based MicroVision is a well-known provider of MEMS-based solid-state automotive lidar technology and ADAS solutions. The stock has declined 54.7% in the year-to-date period. MicroVision benefits from a diversified portfolio. It offers multiple technology nodes, with highest resolutions, smallest form factor LiDAR with its MEMS-based long-range MAVIN, as well as small form factor short-range sequential flash-based MOVIA LiDAR product lines. The Zacks Consensus Estimate for MVIS' 2024 loss has been unchanged at 49 cents per share in the past 30 days. MicroVision currently has a Zacks Rank #3. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. To read this article on Zacks.com click here.
05/17 11:36 EST - zacks.com
2 Laser Systems Stocks to Watch in a Challenging Industry
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 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.
05/16 07:00 EST - globenewswire.com
OMNI-LITE INDUSTRIES REPORTS FIRST QUARTER FISCAL 2024 RESULTS
First Quarter 2024 Record-Breaking Revenue of US$4.3 million, a 57% Increase Over the Year Ago Period First Quarter 2024 Record Breaking EBITDA ( 1) of US$884,000, More than 3x Prior Year's Best Quarterly Performance Backlog and Bookings Remain Strong; Backlog of US$6.5 million at Quarter End TSXV: OML OTCQX: OLNCF LOS ANGELES, CALIFORNIA, May 16, 2024 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) today reported results for the first quarter ending March 31, 2024. Full financial results are available at sedarplus.ca.
OMNI-LITE INDUSTRIES REPORTS FIRST QUARTER FISCAL 2024 RESULTS
First Quarter 2024 Record-Breaking Revenue of US$4.3 million, a 57% Increase Over the Year Ago Period First Quarter 2024 Record Breaking EBITDA ( 1) of US$884,000, More than 3x Prior Year's Best Quarterly Performance Backlog and Bookings Remain Strong; Backlog of US$6.5 million at Quarter End TSXV: OML OTCQX: OLNCF LOS ANGELES, CALIFORNIA, May 16, 2024 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) today reported results for the first quarter ending March 31, 2024. Full financial results are available at sedarplus.ca.
05/15 08:00 EST - businesswire.com
Lumentum Announces Upcoming Investor Events
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events: Event: 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference, Boston Date: Monday, May 20, 2024 Webcast Link: https://jpmorgan.metameetings.net/events/tmc24/sessions/51436-lumentum/webcast Presentation Time: 3:10 p.m. Eastern Time Event: 21st Annual Craig-Hallum Institutional Investor C.
Lumentum Announces Upcoming Investor Events
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events: Event: 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference, Boston Date: Monday, May 20, 2024 Webcast Link: https://jpmorgan.metameetings.net/events/tmc24/sessions/51436-lumentum/webcast Presentation Time: 3:10 p.m. Eastern Time Event: 21st Annual Craig-Hallum Institutional Investor C.
05/07 18:41 EST - fool.com
Why Lumentum Holdings Stock Got Trounced on Tuesday
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
The telecoms equipment specialist unveiled its fiscal third-quarter results. On a trailing basis they notched a double beat, but guidance was weak.
05/06 20:02 EST - seekingalpha.com
Lumentum Holdings Inc. (LITE) Q3 2024 Earnings Call Transcript
Lumentum Holdings Inc. (NASDAQ:LITE ) Q3 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Kathy Ta - Vice President, Investor Relations Alan Lowe - President & Chief Executive Officer Wajid Ali - Executive Vice President & Chief Financial Officer Chris Coldren - Senior Vice President, Chief Strategy & Corporate Development Officer Conference Call Participants Simon Leopold - Raymond James George Notter - Jefferies Samik Chatterjee - JPMorgan Meta Marshall - Morgan Stanley Christopher Rolland - SIG David Vogt - UBS Ananda Baruah - Loop Capital Tom O'Malley - Barclays Karl Ackerman - BNP Paribas Tim Savageaux - Northland Capital Markets Operator Good day, everyone, and welcome to the Lumentum Holdings' Third Quarter Fiscal Year 2024 Earnings Call. All participants will be in a listen-only mode.
Lumentum Holdings Inc. (LITE) Q3 2024 Earnings Call Transcript
Lumentum Holdings Inc. (NASDAQ:LITE ) Q3 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Kathy Ta - Vice President, Investor Relations Alan Lowe - President & Chief Executive Officer Wajid Ali - Executive Vice President & Chief Financial Officer Chris Coldren - Senior Vice President, Chief Strategy & Corporate Development Officer Conference Call Participants Simon Leopold - Raymond James George Notter - Jefferies Samik Chatterjee - JPMorgan Meta Marshall - Morgan Stanley Christopher Rolland - SIG David Vogt - UBS Ananda Baruah - Loop Capital Tom O'Malley - Barclays Karl Ackerman - BNP Paribas Tim Savageaux - Northland Capital Markets Operator Good day, everyone, and welcome to the Lumentum Holdings' Third Quarter Fiscal Year 2024 Earnings Call. All participants will be in a listen-only mode.
05/06 18:31 EST - zacks.com
Lumentum (LITE) Q3 Earnings Beat Estimates
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
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.
05/06 16:03 EST - businesswire.com
Lumentum Announces Fiscal Third Quarter 2024 Financial Results
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
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.
04/29 11:06 EST - zacks.com
Analysts Estimate Lumentum (LITE) to Report a Decline in Earnings: What to Look Out for
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
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.
04/22 08:30 EST - businesswire.com
Lumentum Awarded Platinum EcoVadis Medal for Second Consecutive Year
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"), 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.
04/22 08:00 EST - businesswire.com
Lumentum to Announce Fiscal Third Quarter 2024 Financial Results on May 6, 2024
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") 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.
03/26 08:30 EST - businesswire.com
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, 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, 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.
03/25 08:30 EST - businesswire.com
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, 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, 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.
03/22 08:30 EST - businesswire.com
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, 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, 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.
03/04 08:30 EST - businesswire.com
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, 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, 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.
02/22 17:10 EST - businesswire.com
Lumentum Recognized in Three Optical Communications Product Categories at 2024 Lightwave Innovation Reviews
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
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.
02/08 13:08 EST - fool.com
Why Lumentum Holdings Stock Dropped After Earnings
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 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.
02/08 09:41 EST - zacks.com
Lumentum (LITE) Tops Q2 Earnings and Revenue Estimates
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
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.