Lumentum Holdings

Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Optical Communications (OpComms) and Commercial Lasers segments. The OpComms segment includes a range of components, modules, and subsystems to support customers including carrier networks of access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) applications. The Commercial Lasers segment focuses on serving customers in markets and applications such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. The company was founded on February 10, 2015, and is headquartered in San Jose, CA.

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Lumentum Holdings Inc. reports under-shipping in Q3 earnings call

Lumentum Holdings Inc. (LITE) reported under-shipping and gross margin pressures in Q3. Despite challenges in inventory levels and a slowdown in certain business segments, the Company remains focused on long-term growth opportunities, including AI build-out and subsea cable deployment.

Lumentum Holdings surpasses revenue guidance, faces margin challenges

Lumentum Holdings showcased strong performance in Telecom and Commercial Lasers, exceeding revenue guidance.
Challenges include declining gross margins, ongoing supply chain issues, and softness in Datacom demand.
Opportunities lie in margin recovery, technology expansion, and addressing pricing pressures through customer agreements.
Overall, the company anticipates exceeding synergy savings targets and expects growth in key business segments.

Lumentum Holdings navigates revenue challenges, eyes LiDAR market growth

Lumentum Holdings remains confident in its market positions and long-term gross margin targets despite recent challenges. The company is focused on innovation to meet evolving customer needs and expects demand recovery in the second half of the calendar year.

Lumentum Holdings reports strong Q4 performance and eyes growth opportunities

Lumentum Holdings delivered a strong Q4 performance, with revenue up 3% and EPS exceeding guidance ranges.
While facing challenges in gross margin and underutilization, strategic initiatives are in place to drive improvement.
The company's focus on customer partnerships, innovation in photonics products, and expectations for revenue growth present promising opportunities.
Overall, Lumentum's performance reflects resilience amidst challenges and a strategic outlook towards future growth and market trends.

Lumentum Holdings reports Q1 revenue decline, eyes growth opportunities

Lumentum Holdings' Q1 performance reflects a mix of revenue declines and segment growth, with a positive outlook for Q2 and calendar '24. The Cloud Light acquisition is seen as a strategic move with immediate benefits and growth potential. Challenges include meeting demand post-acquisition and addressing telco softness.

Lumentum Holdings reports robust Q2 earnings, eyes expansion opportunities

Lumentum Holdings' Q2 performance was driven by strong revenue, with a focus on expanding manufacturing capacity and introducing new product designs. Despite challenges in certain segments, the company remains confident in its position in the data center market and anticipates growth opportunities in telco inventory recovery and production capacity expansion.

Lumentum reports mixed Q3 results, eyes datacom growth opportunities

Lumentum's Q3 '24 showed mixed revenue performance with growth in cloud networking but challenges in telecom.
The company's focus on expanding manufacturing capacity and strategic growth plans are key strengths.
Challenges include telecom revenue struggles and the need for a steep recovery in the telco business.
Opportunities lie in datacom business growth, revenue milestones, and capacity expansions to support growth.

Lumentum Holdings exceeds Q4 expectations, eyes $500M revenue milestone

Lumentum Holdings excelled in Q4, focusing on cloud business growth and capacity expansion. Challenges include meeting demand for optical transceivers and components. Opportunities exist in expanding technologies and customer base for future growth.

Lumentum Holdings surpasses Q1 expectations, eyes cloud expansion for growth

Lumentum Holdings delivered strong financial performance in Q1, exceeding revenue and earnings expectations, with a positive outlook for Q2 revenue and margins.
The company's strategic focus on expanding cloud and AI opportunities, along with investments in R&D and technology advancements, positions it well for future growth.
While facing challenges in the Industrial Tech segment and operational efficiency, Lumentum is leveraging opportunities in cloud demand, photonics technology, and vertical integration.
Confidence in revenue growth targets and commitment to innovation underscore Lumentum's resilience and potential for sustained success in the market.

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Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Cloud and Networking, and Industrial Tech segments. The Cloud and Networking segment refers to a portfolio of optical and photonic components, modules, and subsystems. The Industrial Tech segment includes solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers. The company was founded on February 10, 2015 and is headquartered in San Jose, CA.

II-VI Incorporated

Coherent Corp

Lumentum Holdings Inc. said Monday it received notice from laser technology company Coherent Inc. , which Lumentum has entered into an agreement to acquire, that the unsolicited buyout bid it received from II-VI Inc. was "superior." Lumentum said it will review the II-VI bid, and will have four days to match the rival bid.

Lumentum has 4 days to match II-VI's rival buyout bid for Coherent

SAN JOSE, Calif., March 3, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a leading provider of VCSEL arrays for 3D sensing and LiDAR applications, today announced new high-power and high-efficiency five and six junction vertical cavity surface-emitting laser (VCSEL) arrays for...

Lumentum Announces Five and Six Junction VCSEL Array Products For Advanced Consumer, Automotive, and Other 3D Sensing Applications

Is Lumentum Holdings (LITE) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Pick Lumentum Holdings (LITE) Stock Now?

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Better Buy: Lumentum vs. Apple

Shares of Coherent Inc. soared 16.4% toward a 3-year high in premarket trading Friday, after The Wall Street Journal reported that II-VI Inc. is planning to make a roughly $6.5 billion buyout bid for the laser technology company. II-VI is planning a cash-and-stock bid of $260 a share, as soon as Friday, the WSJ report said, citing people familiar with the matter.

Coherent stock soars after WSJ report that II-VI plans $6.5 billion buyout bid, that tops MKS and Lumentum bids

SAN JOSÉ, Calif., Feb. 12, 2021 /PRNewswire/ -- Today Lumentum Holdings Inc. (Lumentum), an industry-leading designer and manufacturer of innovative optical and photonic products, announced that their San José headquarters is now powered by San José Clean Energy's (SJCE) 100% renewable...

Lumentum's San José headquarters is now powered by TotalGreen, 100% renewable energy

The shares of Lumentum Holdings Inc (NYSE:LITE) are up 0.5% at $87.50 at last check, in the wake of reports that its buyout agreement with Coherent (COHR) may be in trouble.

This Flashing LITE Bull Signal Has Never Been Wrong

MKS Instruments

Coherent Inc. announced Monday that it received an unsolicited cash-and-stock buyout bid from MKS Instruments Inc. , that would value the laser technology company at about $5.78 billion. That compares with the buyout agreement Coherent had entered into on Jan. 19 with Lumentum Holdings Inc. , in a deal which at the time was valued at $5.7 billion.

Coherent receives unsolicited buyout bid from MKS Instruments, a month after buyout deal with Lumentum

SAN JOSE, Calif., Feb. 8, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today issued the following statement regarding its definitive agreement to acquire Coherent. "The combination of Lumentum and Coherent will create a leading photonics technology company and will deliver...

Lumentum Comments on Proposal by MKS Instruments to Acquire Coherent

Lowe's

Lumentum Holdings Inc. (LITE) CEO Alan Lowe on Q2 2021 Results - Earnings Call Transcript

Lumentum (LITE) delivered earnings and revenue surprises of 7.57% and 0.05%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Lumentum (LITE) Surpasses Q2 Earnings and Revenue Estimates

Shares of Lumentum Holdings (NASDAQ:LITE) fell 0.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 30.07% year over year to $1.99, which beat the estimate of $1.90.

Lumentum Holdings: Q2 Earnings Insights

SAN JOSE, Calif., Feb. 2, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter of 2021 ended December 26, 2020. Net revenue for the fiscal second quarter of 2021 was $478.8 million, with GAAP net income of $83.2...

Lumentum Announces Fiscal Second Quarter 2021 Financial Results

Lumentum (LITE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Lumentum (LITE) Might Surprise This Earnings Season

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SAN JOSE, Calif., Jan. 27, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that management is scheduled to participate in the Goldman Sachs 2021 Virtual Technology & Internet Conference on February 11, 2021. Event: Goldman Sachs Technology and Internet Conference...

Lumentum to Participate in the Goldman Sachs 2021 Virtual Technology and Internet Conference

Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lumentum (LITE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Lumentum is acquiring Coherent in a huge $5.7 billion deal. This is a deal with a long term horizon, in part explaining the big upfront premium.

Lumentum - Some Thoughts After The Coherent Deal

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Better Buy: Lumentum vs. Qualcomm

Lumentum Holdings' $5.7 billion deal to buy fellow laser maker Coherent is drawing both praise and criticism.

Here's What Wall Street Thinks of the Lumentum and Coherent Deal

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Investors are putting their rally caps on.

Soaring Space SPAC, Coherent Buyout Send Nasdaq Higher

Lumentum has agreed to scoop up Coherent in a $5.7 billion transaction.

Why Lumentum Stock Plummeted While Coherent Stock Skyrocketed Today

Shares of Coherent skyrocketed 33% Tuesday after rival laser maker Lumentum announced it will acquire the company in a cash and stock deal. The $5.7 billion acquisition will see Coherent shareholders receive $100 and 1.1851 shares of Lumentum stock for each Coherent share.

News for Lumentum Holdings Stock (LITE)