LITE News and Press, Lumentum Holdings Inc. From 12/20/23

2023-12-20 12:21:49 ET Summary I revised my rating for Lumentum Holdings from neutral to buy as I am positive about the potential of the Cloud Light Technology acquisition. The acquisition of CLT has significantly improved Lumentum's growth trajectory and competitive position. ...

2023-12-17 06:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-13 10:18:00 ET Lumentum 's (NASDAQ: LITE) stock price has declined nearly 50% over the past three years. The maker of optical chips and lasers lost its luster as its revenue growth cooled off, its margins shrank, and it faced fresh competitive threats. Since investing of...

2023-12-13 09:04:48 ET More on Keysight Keysight: Given Declining Earnings, Upside Is Likely Limited (Ratings Downgrade) Keysight Technologies, Inc. (KEYS) Q4 2023 Earnings Call Transcript We Still Like Keysight Technologies Keysight Non-GAAP EPS of $1.99 bea...

2023-11-08 11:49:09 ET Lumentum Holdings Inc. (LITE) Q1 2024 Earnings Conference Call November 08, 2023, 08:30 AM ET Company Participants Kathy Ta - Vice President of Investor Relations Alan Lowe - President and Chief Executive Officer Wajid Ali - Chief Financial...

2023-11-08 07:33:18 ET More on Lumentum Lumentum Holdings: An Odd Time For A Substantial Deal Lumentum Holdings: Inventory Situation Is Worse Than Expected For further details see: Lumentum beats Q1 top and bottom line estimates; initiates Q2 outlook

Net revenue of $317.6 million GAAP gross margin of 24.1%; Non-GAAP gross margin of 34.9% GAAP operating loss of 25.4%; Non-GAAP operating margin of 3.3% GAAP diluted net loss per share of $1.02; Non-GAAP diluted net income per share of $0.35 Lumentum Holdings I...

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Lumentum Holdings Inc. (LITE) is expected to report $-0.14 for Q1 2024

Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) today announced that it has completed its previously announced acquisition of Cloud Light Technology Limited (“Cloud Light”). “I am excited to add Cloud Light’s high-speed optical transceiver products...