Lumentum Announces Fiscal First Quarter 2025 Financial Results [Yahoo! Finance]
Lumentum Holdings Inc. (LITE)
Last lumentum holdings inc. earnings: 2/4 07:30 am
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Source: Yahoo! Finance
GAAP diluted net loss per share of $1.21; Non-GAAP diluted net income per share of $0.18 SAN JOSE, Calif., November 07, 2024 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 additional hyperscale transceiver customer with a new qualification and initial volume order. This is beyond the new award we hig
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LITE
Earnings
- 11/7/24 - Miss
LITE
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- LITE's page on the SEC website