Where Will Lumentum Stock Be in 1 Year?
Down more than 20% from all-time highs, Lumentum is a manufacturing company that develops products for growth markets such as data centers and AI.
Barchart ·
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1 Overlooked AI Data Center Stock to Buy for a Breakout Year in 2025
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Barchart ·
Why Lumentum Shares Are Trading Higher Today
Lumentum Holdings Inc (NASDAQ:LITE) reported third-quarter FY22 revenue of $395.4 million, down 5.7% year-on-year, in line with the consensus. Optical Communications revenue declined 11.3% Y/Y to $344.2 million, and Lasers revenue rose 62% Y/Y to $51.2 million. Margins: The non-GAAP gross margin contracted 40 bps to 49.5%. The non-GAAP operating margin compressed 140 bps…
Benzinga ·
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Looking Into Lumentum Holdings's Return On Capital Employed
Pulled from Benzinga Pro data, Lumentum Holdings (NASDAQ:LITE) posted Q2 earnings of $56.70 million, an increase from Q1 of 30.43%. Sales dropped to $446.70 million, a 0.38% decrease between quarters.
Benzinga ·
Lumentum Shares Dip On Weak Q3 Outlook; Tops Q2 Consensus; Margins Shrink Due To Supply Crisis
Lumentum Holdings Inc (NASDAQ: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/Y to $397.4 million, and Lasers revenue rose 66% Y/Y to $49.3 million. The non-GAAP gross margin contracted 240 bps to 51%. The non-GAAP operating margin compressed 380…
Benzinga ·
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