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home / news releases / lumentum holdings positive growth outlook despite in

LITE - Lumentum Holdings: Positive Growth Outlook Despite Inventory Situation

Lumentum Holdings Inc.

2024-02-21 01:49:14 ET

Summary

  • Lumentum Holdings' inventory situation is not improving as quickly as expected, but I still think this is seen as a temporary issue.
  • The company's Cloud Light product is proving successful in helping customers achieve cost efficiency, which is positive for long-term growth.
  • The inventory situation may take longer than expected to normalize, so investors should be prepared for potential share price pullbacks.

Summary

For further details see:

Lumentum Holdings: Positive Growth Outlook Despite Inventory Situation
Stock Information
Company Name: Lumentum Holdings Inc.
Stock Symbol: LITE
Market: NASDAQ
Website: lumentum.com
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