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The Latest Breaking News from Lumentum

1 Overlooked AI Data Center Stock to Buy for a Breakout Year in 2025

This overlooked AI infrastructure stock is outperforming the market, and is expected to be profitable by FY 2025.

Barchart

3 AI Stocks to Scoop Up Instead of Nvidia

After Nvidia's latest earnings report, these AI stocks could be set for significant growth as data center revenue surges.

Barchart

Microsoft, Google Reports Lift Nvidia, Super Micro, Other AI Hardware Makers

Technology spending plans by Microsoft and Alphabet's Google boosted AI stocks on Friday, including Nvidia and Super Micro Computer.

Investors Business Daily

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AI Stocks: JPMorgan Names Alternatives To Nvidia, AMD

Investment bank JPMorgan on Friday called out several alternative AI stocks beyond Dell, Super Micro and others.

Investors Business Daily

Lumentum Pre-Announces Weak Quarter On Ciena Order Cancellation

Lumentum, a maker of fiber-optic components, pre-announced weak March quarter results tied to an order cancellation analysts believe involved Ciena.

Investors Business Daily

Lumentum Stock Falls As Outlook Misses Amid NeoPhotonics Purchase

Lumentum on Tuesday reported fiscal fourth-quarter earnings and sales that topped estimates. But shares fell as guidance came in below views.

Investors Business Daily

Stock Market Mostly Lower Ahead Of Fed Statement; 2 Stocks Plunge More Than 30%

Stock market indexes traded mostly lower ahead of the Federal Reserve's policy statement this afternoon, while earnings reports sparked some outsize moves.

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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

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…

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