LITE Stock Recent News

Lumentum Holdings Inc. (NASDAQ:LITE ) Q2 2023 Earnings Conference Call February 9, 2023 8:30 AM ET Company Participants Kathy Ta - Vice President of Investor Relations Alan Lowe - President and Chief Executive Officer Wajid Ali - Chief Financial Officer Chris Coldren - Senior Vice President and Chief Strategy and Corporate Development Officer Conference Call Participants Simon Leopold - Raymond James Tom O'Malley - Barclays Christopher Rolland - SIG Samik Chatterjee - J.P. Morgan Alex Henderson - Needham Meta Marshall - Morgan Stanley George Notter - Jefferies Ruben Roy - Stifel Nicolaus Ananda Baruah - Loop Capital Vivek Arya - Bank of America Merrill Lynch Michael Genovese - Rosenblatt Operator Good day, everyone, and welcome to the Lumentum Holdings' Second Quarter Fiscal Year 2023 Earnings Call.

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SAN JOSE, Calif. , Jan. 23, 2023 /PRNewswire/ --Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2023 financial results on Thursday, February 9, 2023, before the market opens.

Lumentum is a designer of optical and photonic products enabling optical networking and laser applications. Considering the growth of the company's target industries, I believe that many investors would enjoy having a look at Lumentum.

Bad news on Q2 overshadows good news on Q1 for this pricey lasers stock.

Lumentum Holdings Inc. (NASDAQ:LITE ) Q1 2023 Results Conference Call November 8, 2022 8:30 AM ET Company Participants Kathy Ta - VP, IR Alan Lowe - President and CEO Wajid Ali - CFO Chris Coldren - SVP and Chief Strategy and Corporate Development Officer Conference Call Participants Samik Chatterjee - JP Morgan Simon Leopold - Raymond James Meta Marshall - Morgan Stanley George Notter - Jefferies Vivek Arya - Bank of America Alex Henderson - Needham Tom O'Malley - Barclays Ananda Baruah - Loop Capital Michael Genovese - Rosenblatt Securities Dave Kang - B. Riley Operator Good day, everyone, and welcome to the Lumentum Holdings First Quarter Fiscal Year 2023 Earnings Call.

Lumentum (LITE) delivered earnings and revenue surprises of 8.33% and 0.25%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Shares of Lumentum Holdings Inc. LITE, -1.65% were falling 15% in premarket trading Tuesday after the optoelectronics company, which is a supplier to Apple Inc. AAPL, +0.39% , delivered a downbeat forecast amid supply challenges. The company posted a fiscal first-quarter net loss of about $400,000, or 1 cent a share, whereas it recorded net income of $81.5 million, or $1.08 a share, in the year-earlier period.

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Addressing topics on high-speed optical transmission to diversity and inclusion in the workplace SAN JOSE, Calif. , Sept. 13, 2022 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced that several of its thought leaders are slated to present on a wide range of topics, including highly innovative solutions for current and future optical network applications and creating diversity, including, and belonging within the workplace, at the European Conference on Optical Communication (ECOC) in Basel, Switzerland, from September 18 – 22, 2022.