LITE News and Press, Lumentum Holdings Inc. From 08/16/23

2023-08-16 12:59:48 ET Shares of Lumentum (NASDAQ: LITE) are losing ground in Wednesday's daily trading session following recently published fiscal fourth-quarter reports from its rival Coherent (NYSE: COHR) . The company's share price was down 12% as of 12:15 p.m. ET, accor...

2023-08-16 10:41:24 ET More on Lumentum Lumentum Holdings Stock Is Looking Dim Lumentum Holdings: Near-Term Pressure On Gross Margin To Keep Stock Rangebound Why Lumentum Is A Buy In 2024 Coherent plunges on weak forecast; Lumentum falls in sympathy B...

2023-08-16 07:19:53 ET More on Coherent, Lumentum, etc. Lumentum Holdings Stock Is Looking Dim Lumentum Holdings: Near-Term Pressure On Gross Margin To Keep Stock Rangebound Coherent: Benefiting From Migration To Ethernet Switching Attached To AI/ML Coherent ...

2023-08-13 08:02:00 ET More on Cisco, Deere, etc. Compare metrics for CSCO to DE, HD, SNDL, TGT, WMT Walmart: The Bottom Could Fall Out If Inflation Levels Continue To Fall Home Depot: Long-Term Winner, With Room To Run Target estimates lowered at Barclays ah...

Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal fourth quarter and fiscal year 2023 financial results on Thursday, August 17, 2023, before the market opens. Lumentum will hold a conference call the same day at 5:30 a.m. PT/8:30 a.m. ET. A live webcast of th...

2023-07-18 08:27:05 ET Masimo Corporation MASI -29% in wake of preliminary Q2 report . CEL-SCI Corporation CVM -19% on pricing $5 million capital raise via stock offering . Lixte Biotechnology Holdings ( LIXT ) -15% announces pricing of $3.5 Million offer...

2023-07-17 11:30:18 ET Summary Lumentum Holdings is expected to face challenges through 2024, with projected sales and earnings declines. The company's largest segment, OpComms, is experiencing revenue weakness, with a 3% decline in Q3 2023 and a $58.9 million revenue decline in I...

2023-07-03 15:20:28 ET Summary Lumentum Holdings' earnings may be negatively impacted by lower gross margins due to fixed overhead costs in Telecom and inventory issues. Despite near-term challenges, LITE shares seem appealing from a valuation perspective, trading at 11x 2-year fo...

2023-06-28 09:32:27 ET Coherent ( NYSE: COHR ) shares fell more than 2.5% in early trading on Wednesday after concerns about a new semiconductor export curb to China impacted chip stocks and investment firm B. Riley downgraded its shares, citing competition from Nvidia ( N...

2023-06-16 12:52:33 ET Summary Coherent stock is up for unexplained reasons. New products on the horizon fail to rationalize weekly stock gain. Beware of backlog growth and revenue miss next quarter. When Lumentum ( LITE ) posted weak quarterly results, the post-...