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Stock impact report

Lumentum expects Q3 2026 revenue to surpass $805M as AI demand accelerates [Seeking Alpha]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Michael E. Hurlston, President and CEO, described the quarter as a “standout” with “over 65% year-over-year revenue growth and non-GAAP operating margin increasing by greater than 1,700 basis points.” He announced a company record for quarterly revenue Quick Insights Lumentum's key growth drivers are cloud transceivers, optical circuit switches (OCS), co-packaged optics (CPO), and upcoming optical scale-up products targeting intra-data center connections. Lumentum is expanding its manufacturing and contracting capacity, securing customer agreements (LTAs), and pivoting towards more contract manufacturing to meet high demand and reduce supply constraints. Core risks include acute supply-demand imbalances, factory and manufacturing constraints, customer concentration in certain products, and cyclical industrial market softness. Recommended For You More Trending News Show less Read more
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