Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / lumentum holdings good long term potential but near

LITE - Lumentum Holdings: Good Long-Term Potential But Near-Term Is Uncertain

Lumentum Holdings Inc.

2023-03-16 03:01:10 ET

Summary

  • Lumentum Holdings beat earnings expectations by implementing cost discipline and leveraging synergies from acquisitions.
  • The company faces broad-based demand weakness, including reduced demand for datacom modules and 3D sensing.
  • LITE has long-term opportunities to address a $25 billion TAM which is growing annually between 6% to 15%.

For further details see:

Lumentum Holdings: Good Long-Term Potential But Near-Term Is Uncertain
Stock Information
Company Name: Lumentum Holdings Inc.
Stock Symbol: LITE
Market: NASDAQ
Website: lumentum.com
Menu
LITE LITE Quote LITE Short LITE News LITE Articles LITE Message Board
Get LITE Alerts

News, Short Squeeze, Breakout and More Instantly...