LITE Stock Recent News

Optical and photonics component seller Lumentum Holdings (LITE -0.58%) delivered an outstanding performance on the stock market last year, registering healthy gains of 61% as investors took note of the growing impact of artificial intelligence (AI) on the company's business, and it looks like the stock's red-hot run is here to stay in 2025.

Upgraded Lumentum Holdings to strong buy due to robust 2Q25 results and strong Cloud & Networking segment momentum, driven by hyperscaler demand. LITE's revenue grew 10% y/y to $402 million, beating guidance; management forecasts further growth to $410-$425 million in 3Q25. Major AI infrastructure investments in the US and Europe bolster demand for LITE's high-speed optical transceivers, supporting my bullish outlook.

Lumentum Holdings Inc. (NASDAQ:LITE ) Q2 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Kathy Ta - Vice President, Investor Relations Alan Lowe - President and Chief Executive Officer Wajid Ali - Executive Vice President and Chief Financial Officer Conference Call Participants Samik Chatterjee - JPMorgan Thomas O'Malley - Barclays Simon Leopold - Raymond James George Notter - Jefferies Meta Marshall - Morgan Stanley Ruben Roy - Stifel David Vogt - UBS Ryan Koontz - Needham & Company Karl Ackerman - BNP Ananda Baruah - Loop Capital Operator Good day, everyone, and welcome to Lumentum Holdings Second Quarter Fiscal Year 2025 Earnings Call. All participants will be in a listen-only mode.

Lumentum (LITE) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.32 per share a year ago.

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal second quarter ended December 28, 2024. “In the second quarter, we exceeded the high end of our guidance ranges for both revenue and earnings per share, driven by strong demand in the cloud end market. This is an exciting time for Lumentum as we position ourselves to capitalize on expanding cloud opportunities and the recovery of the broader networking market. Our founda.

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that Michael Hurlston has been appointed President and Chief Executive Officer and as a Director of the Company, effective February 7. Hurlston succeeds Alan Lowe, who has served as the Company's President and CEO since 2015. Lowe will continue to serv.

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The massive growth in the global semiconductor industry, fueled by automotive, AI, IoT, memory and networking markets, is set to benefit PI, SYNA, LITE and FORM stocks.

SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, announced today that its near-term and net-zero science-based targets for greenhouse gas (GHG) emissions have been approved by the Science-Based Targets initiative (SBTi). This approval highlights the company's ambitious goals to reduce GHG emissions based on the latest climate science an.

Lumentum, IPG Photonics and MicroVision have been highlighted in this Industry Outlook article.