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Stock impact report

Lumentum Holdings Inc. (LITE): A Bull Case Theory [Yahoo! Finance]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lumentum Holdings Inc.'s share was trading at $381.44 as of January 29th. LITE's trailing and forward P/E were 234.01 and 64.94 respectively according to Yahoo Finance. Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. LITE stands at the forefront of the AI infrastructure build-out, having successfully transformed from a consumer-electronics-dependent component supplier into a vertically integrated leader in cloud networking and data center interconnects. Over the past five years, the company navigated a severe inventory correction that saw revenue contract by over 23% in FY2024, but it has since achieved a V-shaped recovery driven by surging demand for high-speed optical transceivers, particularly 800G and 1.6T modules for hyperscale cloud providers. Strategic acquisitions, including NeoPhotonics and Cloud Light, have allowed Lumentum to move up the value chain, selling complete tran Show less Read more
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