Lumentum +2.7% after Q2 beats, downside guidance [Seeking Alpha]
Lumentum Holdings Inc. (LITE)
Last lumentum holdings inc. earnings: 2/4 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.lumentum.com/investors/default.aspx
Company Research
Source: Seeking Alpha
Lumentum +2.7% after Q2 beats, downside guidanceLumentum (NASDAQ:LITE) shares areup 2.7% premarket following Q2 results that beat EPS and revenue estimates.Downside Q3 guidance: Revenue, $280M to $305M (consensus: $323.67M); EPS, $0.65 to $0.80 (consensus: $0.92); operating margin, 15.5% to 18%.Revenue breakdown: Optical Communications had $360.1M in revenue (+52% Y/Y) and Lasers had $44.5M (+57%).Key metrics: Non-GAAP gross margin, 44.9%; operating margin, 28.3%; cash and equivalents, $624.5M; operating expenses, $80.3M; total liabilities, $607.3M.Earnings call starts at 8:30 AM Eastern Time with a webcast availablehere.Press releasePreviously:Lumentum beats by $0.55, beats on revenue (Feb. 6)See all stocks on the move »Now read:Motorola Solutions, Inc. 2017 Q4 - Results - Earnings Call Slides »
Show less
Read more
Impact Snapshot
Event Time:
LITE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LITE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LITE alerts
High impacting Lumentum Holdings Inc. news events
Weekly update
A roundup of the hottest topics
LITE
News
- 800G Optical Transceiver Market Size to Grow USD 898.6 Million by 2029 at a CAGR of 14% | Valuates Reports [Yahoo! Finance]Yahoo! Finance
- Ciena slips as Citi starts with Sell rating, AI opportunity seen 'years out' [Seeking Alpha]Seeking Alpha
- Lumentum Holdings Inc. (NASDAQ: LITE) had its price target lowered by analysts at JPMorgan Chase & Co. from $62.00 to $57.00. They now have an "overweight" rating on the stock.MarketBeat
- Advancements in Solid-State LiDAR Technology: A Leap Towards the Future of Mobility and Robotics [Yahoo! Finance]Yahoo! Finance
- Lumentum Holdings Inc. (NASDAQ: LITE) had its price target raised by analysts at Raymond James from $51.50 to $58.00. They now have an "outperform" rating on the stock.MarketBeat
LITE
Earnings
- 2/8/24 - Beat
LITE
Sec Filings
- 2/27/24 - Form 8-K
- 2/20/24 - Form 4
- 2/20/24 - Form 4
- LITE's page on the SEC website