LITE Stock Recent News

The tech-heavy Nasdaq Composite index has been in turnaround mode for the past three months -- up an impressive 31% over that span after a rocky start to the year. That's not surprising, as strong quarterly results from major technology companies seem to have boosted investor confidence in the sector.

It's time for investors to start buying strong tech stocks that are trading well below their all-time highs before they possibly surge in July and beyond.

Tech stocks are the market's engine of growth. But what defines a tech stock?

Lumentum Holdings Inc. (LITE) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, LITE's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

BOSTON , June 24, 2025 /PRNewswire/ -- Blues, a leader in IoT connectivity solutions, today announced that former Evernote Chief Executive Officer (CEO) Ian Small has joined the company as CEO. Small, who has more than 30 years of technology-industry experience, brings deep operational expertise and a track record of scaling companies from early-stage through public-market maturity.

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today its participation in Laser World of Photonics 2025, taking place at the Trade Fair Center Messe München in Munich, Germany. Lumentum will exhibit its broad portfolio of laser technologies at Hall A2, Stand 337, with a focus on solutions that drive the future of industrial photonics and precision manufacturing. Lumentum wi.

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a global leader in optical and photonic solutions, today announced the launch of its PicoBlade® Core ultrafast laser platform, setting a new standard for industrial micromachining. PicoBlade Core combines high-power, mid-power, and low-power configurations across infrared (IR), green, and ultraviolet (UV) wavelengths—all within a single, compact form-factor that is three times lighter and half the size of Lumentum's previou.

Lumentum delivered strong Q3 results, beating revenue and EPS estimates, driven by robust demand in cloud and AI data center markets. CEO Michael Hurlston's strategic focus on EMLs and capacity expansion positions Lumentum for continued growth as optics and electronics converge. Despite tariff-related margin headwinds, Lumentum is mitigating risk by shifting production away from China and expects sequential margin improvement.

SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a two-year lease agreement with one of the leading facility management service providers for the deployment of its innovative HYTRON LITE autonomous bathroom cleaning robot at one of Singapore's largest public hospitals.

❖        First Quarter 2025 Revenue of US$3.3 million ❖        First Quarter 2025 Adjusted EBITDA(1) of US$408,000, 12% Adjusted EBITDA Margin ❖        Cash Balance at $3.1 million, an Increase of US$2.0 million Over the Year Ago Period ❖        Free Cash Flow ( 1) of US$341,000, or an Increase of US$228,000 Over the Year Ago Quarter ❖      Record First Quarter 2025 Bookings of US$5.7 million, Resulting in Backlog of US$7.1 million, a Historical High, at Quarter End ❖      Completed Acquisition of Electric Components, Inc. (eComp) in an All-Cash Transaction of US$350,000 TSXV: OML OTCQX: OLNCF LOS ANGELES, CALIFORNIA, May 21, 2025 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) today reported results for the fiscal first quarter ending March 31, 2025. Full financial results are available at sedarplus.ca.