Lumentum Announces Fiscal First Quarter 2025 Financial Results
Lumentum Holdings Inc. (LITE)
Last lumentum holdings inc. earnings: 2/4 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.lumentum.com/investors/default.aspx
Company Research
Source: Business Wire
Net revenue of $336.9 millionGAAP gross margin of 23.1%; Non-GAAP gross margin of 32.8%GAAP operating loss of 24.5%; Non-GAAP operating margin of 3.0%GAAP diluted net loss per share of $1.21; Non-GAAP diluted net income per share of $0.18 SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal first quarter ended September 28, 2024.“In the first quarter, we exceeded the high end of our guidance for both revenue and earnings per share,” said Alan Lowe, President and CEO. “We set a new record for datacom laser chip orders, including substantial 200G EML orders, reflecting strong demand from multiple customers, including an AI infrastructure customer. Based on expanding cloud demand and improving trends in the broader networking market, we expect double-digit sequential revenue growth in the second quarter.”Mr. Lowe added, “We advanced our strategy to expand and diversify our cloud and AI business. We secured an add
Show less
Read more
Impact Snapshot
Event Time:
LITE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LITE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LITE alerts
High impacting Lumentum Holdings Inc. news events
Weekly update
A roundup of the hottest topics
LITE
News
- Tiny But Vital Metal Markets Rush to Adjust to Chinese Clampdown [Yahoo! Finance]Yahoo! Finance
- Here's Why Lumentum Holdings (LITE) Rose in Q3 [Yahoo! Finance]Yahoo! Finance
- Lumentum Holdings Inc. (NASDAQ: LITE) had its price target raised by analysts at Morgan Stanley from $76.00 to $83.00. They now have an "equal weight" rating on the stock.MarketBeat
- Lumentum Appoints New Board MemberBusiness Wire
- China Dials Up US Trade Tension With Tit-for-Tat Metals Ban [Yahoo! Finance]Yahoo! Finance
LITE
Earnings
- 11/7/24 - Miss
LITE
Sec Filings
- 12/17/24 - Form 3
- 12/12/24 - Form 8-K
- 12/3/24 - Form 4
- LITE's page on the SEC website