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0 -0.00195503421309876 0.00391006842619737 0.00293255131964807 0.010752688172043 0.0141739980449657 0.00977517106549364 0.00977517106549364
Stock impact report

Why Lumentum Holdings Shares Soared Today [The Motley Fool]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: The Motley Fool
The 3D-sensing business is ramping up nicely. Evan Niu, CFA ( TMFNewCow ) Feb 6, 2018 at 12:59PM What happened Shares of Lumentum Holdings ( NASDAQ:LITE ) have soared today, up by 16% as of 12:10 p.m. EST, after the company reported strong fiscal second-quarter earnings. Guidance could have been a little better, but investors were happy with booming sales in the second quarter. So what Revenue in the fiscal second quarter came in at $404.6 million, easily crushing the Street's consensus estimate of $357.3 million. That translated into GAAP net income of $204.8 million, or $3.17 per share. On a non-GAAP basis, net income was $107.8 million, or $1.67 per share. Analysts were modeling for $1.14 per share in adjusted profit. Image source: Apple. We achieved record revenue and profitability and exceeded our guidance for the second quarter Show less Read more
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