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LITE News and Press, Lumentum Holdings Inc. From 04/06/23

Stock Information

Company Name: Lumentum Holdings Inc.
Stock Symbol: LITE
Market: NASDAQ
Website: lumentum.com

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LITE - Lumentum stock plunges as Rosenblatt downgrades after weak Q3 results

2023-04-06 08:16:13 ET Lumentum ( NASDAQ: LITE ) shares tumbled more than 12% in premarket trading on Thursday as investment firm Rosenblatt downgraded the photonic technology company after it negatively pre-announced its third-quarter results. Analyst Mike Genovese ...

LITE - S&P, Dow, Nasdaq futures mixed with focus on slowing economic data

2023-04-06 06:03:19 ET Stock index futures were noncommittal Thursday, the last trading day of the week for equities. S&P futures ( SPX ) -0.1% and Nasdaq 100 futures ( NDX:IND ) -0.5% were lower. Dow futures ( INDU ) were a little higher, in keeping with thi...

LITE - Lumentum slides 9% on lowering Q3 expectations

2023-04-06 03:11:53 ET Lumentum ( NASDAQ: LITE ) stock slumped 9% after Q3 expectations were slashed with revenue to be in the range of $380M-384M, compared to the company’s previous expectation of $430M-460M. The company’s previously announced autho...

LITE - Lumentum Announces Preliminary Financial Results and Reporting Date for Fiscal Third Quarter 2023, and Increased Share Repurchase Program

Lumentum Holdings Inc. ("Lumentum") today announced selected unaudited preliminary financial results for its fiscal third quarter ended April 1, 2023. All information in this press release is approximate due to the preliminary nature of the announcement and is subject to normal quarter-end accoun...

LITE - Appleseed Fund 2022 Annual Letter

2023-03-22 06:45:00 ET Summary At Appleseed Capital, we seek to generate market-beating returns by making prudent, disciplined, and sustainable investments in a range of asset classes from markets around the world. As the stewards of our shareholders’ capital, we focus on prese...

LITE - Lumentum Receives "Excellent Core Partner Award" from FiberHome

Lumentum Receives "Excellent Core Partner Award" from FiberHome PR Newswire Advancing digital connections through innovative optical transport and transmission products and exceptional performance SAN JOSE, Calif. , March 16, 2023 /PRNewswire/ -- Lumentum...

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

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-ter...

LITE - Lumentum Introduces a Broad Portfolio of Tunable Optical Transceivers Serving Network Edge Evolution

Lumentum Introduces a Broad Portfolio of Tunable Optical Transceivers Serving Network Edge Evolution PR Newswire Live Product Demonstrations of TSFP28, 10G OTN, and Coherent CFP2 BiDi Transceivers SAN JOSE, Calif. , March 6, 2023 /PRNewswire/ -- Lumentum ...

LITE - Lumentum Thought Leaders to Present at OFC 2023

Lumentum Thought Leaders to Present at OFC 2023 PR Newswire SAN JOSE , March 3, 2023 /PRNewswire/ -- Lumentum Holdings Inc. (" Lumentum "), a market-leading designer and manufacturer of innovative optical and photonic products, today announced that several of...

LITE - Scaling Photonics to New Heights: Lumentum at OFC 2023

Scaling Photonics to New Heights: Lumentum at OFC 2023 PR Newswire Lumentum introduces its latest innovative solutions and showcases technology and partner demonstrations SAN JOSE, Calif. , March 3, 2023 /PRNewswire/ -- Lumentum Holdings Inc. (" Lumentu...

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