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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...
2023-11-07 11:31:44 ET More on Lumentum Lumentum Holdings: An Odd Time For A Substantial Deal Lumentum Holdings: Inventory Situation Is Worse Than Expected Lumentum Holdings Inc. 2023 Q4 - Results - Earnings Call Presentation Biggest stock movers today: Weste...
2023-11-01 10:40:41 ET Summary Lumentum Holdings Inc.'s acquisition attempt of Coherent sparked a bidding war in 2021, but they ultimately "lost" out to II-VI. Lumentum's organic growth has been unimpressive, with declining sales and earnings. The company made smaller acquisit...
2023-10-30 07:30:57 ET More on Lumentum Lumentum Holdings: Inventory Situation Is Worse Than Expected Lumentum rises as Rosenblatt upgrades on 'explosion' in demand for transceivers For further details see: Lumentum to acquire Cloud Light in ~$750M deal
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal first quarter 2024 financial results on Wednesday, November 8, 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 the call and the ...
2023-10-16 09:32:51 ET Coherent (NYSE: COHR) and Lumentum (NASDAQ: LITE) are two of the world's largest producers of lasers and optical communications chips. But over the past year, Coherent's stock stayed nearly flat as Lumentum's stock plummeted 40%. Coherent, known as...
Third annual sustainability report highlights 25% YOY decrease in emissions, new employee development programs, and significant decrease in power consumption across multiple products Lumentum Holdings Inc. (" Lumentum "), a market-leading designer and manufacturer of innovative opti...
2023-10-06 09:08:48 ET More on Nvidia Nvidia Was Up 235% In 2023, Don't Expect It To Continue (Rating Downgrade) Nvidia: Strong Buy For The Godfather Of AI The AI Trade For Conservative Investors: Sell Nvidia And Buy ASML Nvidia, Monolithic Power, Broadcom, M...
Introduces InP-Based 1 30+ GBaud Smart TROSA, 800G ZR+ and 0dBm 400G ZR+ Transceivers; Reveals Details on Next Era of Optical Networking in Market Focus Presentation Lumentum Holdings Inc. (" Lumentum "), a market-leading designer and manufacturer of innovative optical and p...
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 ...
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2024-06-23 00:02:00 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...
2024-05-20 15:30:08 ET Needham analyst issues UNDERPERFORM recommendation for LITE on May 20, 2024 02:00PM ET. The previous analyst recommendation was Underperform. LITE was trading at $47.02 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...