LITE News and Press, Lumentum Holdings Inc. From 09/15/23

2023-09-15 06:46:50 ET More on market strategy Fund managers finally embrace U.S. stocks Key Region Of Support Sides With SPY Bullish Case Market Crosswinds And Nasdaq Looking Better Than Dow Seeking Alpha’s Quant Rating on SPDR S&P 500 Trust ETF ...

2023-08-30 00:42:15 ET Summary The inventory overstock challenge persists, and the situation may be worse than initially expected. The Datacom business shows promise, driven by rising demand in AI-based applications, but the uncertainty surrounding inventory overshadows potential ...

2023-08-23 11:36:55 ET More on MACOM Technology, Wolfspeed, etc. Wolfspeed: Focus On Progress, Not Accounting Shifts Wolfspeed: Too Uncertain Amidst Lack Of Execution And Tougher Financing Markets Wolfspeed: Accounting Change Spooks Investors, But The Story Hasn't Ch...

2023-08-18 07:29:38 ET More on Lumentum Lumentum Holdings Inc. Q4 2023 Earnings Call Transcript Lumentum Holdings Stock Is Looking Dim Lumentum Holdings: Near-Term Pressure On Gross Margin To Keep Stock Rangebound Lumentum beats Q4 top and bottom line estimat...

2023-08-17 13:35:26 ET Lumentum Holdings Inc. (LITE) Q4 2023 Earnings Conference Call August 17, 2023 08:30 ET Company Participants Kathy Ta - Vice President of Investor Relations Alan Lowe - President, Chief Executive Officer Wajid Ali - Chief Financial Officer ...

2023-08-17 08:33:44 ET Tremor International ( TRMR ) -24% on Q2 earnings release . KULR Technology ( KULR ) -24% . on proposed stock offering ; Q2 earnings release . Hawaiian Electric Industries ( HE ) -20% on talks with financial restructurin...

2023-08-17 07:33:15 ET Lumentum press release ( NASDAQ: LITE ): Q4 Non-GAAP EPS of $0.59 beats by $0.04 . Revenue of $370.8M (-12.2% Y/Y) beats by $4.25M . The Company held $2,013.6 million in total cash, cash equivalents, and short-term investments at the end ...

2023-08-17 07:30:00 ET Summary Coherent's shares dropped nearly 30% after issuing a weak forecast for Q1/2024, with its non-GAAP EPS significantly below consensus. The company posted a GAAP net earnings loss of $178.2 million due to non-cash impairment charges and restructuring ch...

Fiscal Fourth Quarter Highlights: Net revenue of $370.8 million GAAP operating loss of 15.1%; Non-GAAP operating margin of 9.1% GAAP diluted net loss per share of $0.88; Non-GAAP diluted net income per share of $0.59 Fiscal Year 2023 Highlights: ...

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...