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Lumentum Holdings Inc LITE

Lumentum Holdings Inc. is a designer and manufacturer of optical and photonic products enabling optical networking and laser applications worldwide. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.


NDAQ:LITE - Post by User

Post by whytestockson Feb 08, 2024 6:00pm
80 Views
Post# 35871182

Lumentum Announces Fiscal Second Quarter 2024 Financial Resu

Lumentum Announces Fiscal Second Quarter 2024 Financial Resu
NEWS: $LITE Lumentum Announces Fiscal Second Quarter 2024 Financial ResultsNet revenue of $366.8 million GAAP gross margin of 17.4%; Non-GAAP gross margin of 32.6% GAAP operating loss of 28.7%; Non-GAAP operating margin of 3.5% GAAP diluted net loss per share of $1.47; Non-GAAP diluted net income per share of $0.32 Lumentu...LITE - Lumentum Announces Fiscal Second Quarter 2024 Financial Results

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