Lumentum Holdings Inc. (LITE)
|Net Income (ttm)||397.30M|
|Day's Range||84.48 - 86.34|
|52-Week Range||65.67 - 112.08|
|Price Target||95.88 (+12.2%)|
|Est. Earnings Date||Nov 1, 2021|
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport prod... [Read more...]
In 2021, LITE's revenue was $1.74 billion, an increase of 3.82% compared to the previous year's $1.68 billion. Earnings were $397.30 million, an increase of 193.21%.Financial Statements
According to 16 analysts, the average rating for LITE stock is "Strong Buy." The 12-month stock price forecast is 95.88, which is an increase of 12.17% from the latest price.
Lumentum Announces Industry-First SmartTuning Multi-Source Agreement for Self-Tuning Optics to Enhance 5G Mobile Netw...
SAN JOSE, Calif., Sept. 13, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the formatio...
Lumentum (LITE) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
Lumentum Announces the Appointment of Grace Lee as Senior Vice President and Chief Human Resources Officer
SAN JOSE, Calif. , Aug. 30, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") announced the appointment of Grace Lee as Senior Vice President and Chief Human Resources Officer, reporting to Alan ...
SAN JOSE, Calif., Aug. 26, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today released its inaugural Corporate Social Responsibility Report, covering the company's commitment to a sustainabl...
Richard Snow (Trades, Portfolio), founder of Snow Capital, disclosed this week that his firm's top five trades during the second quarter included new buys in Lumentum Holdings Inc. ( LITE , Financial) a...
Lumentum (LITE) delivered earnings and revenue surprises of 7.48% and 1.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Lumentum Holdings Inc (NASDAQ: LITE) reported fourth-quarter FY21 revenue growth of 6.5% year-on-year to $392.1 million, beating the analyst consensus of $382.2 million. QCT and QTL segments drove Qualc...
Shares of Lumentum Holdings (NASDAQ:LITE) rose 2.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 2.54% year over year to $1.15, which beat ...
SAN JOSE, Calif., Aug. 18, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal fourth quarter and full year ended July 3, 2021.
Lumentum (LITE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lumentum to Announce Fiscal Fourth Quarter and Fiscal Year 2021 Financial Results on August 18, 2021
SAN JOSE, Calif., Aug. 2, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal fourth quarter and fiscal year 2021 financial results for the period en...
Bear of the Day: Lumentum (LITE)
Our indicative Theme of Internet Infrastructure Stocks - which includes a diverse set of companies that sell hardware and software that underpin the Internet - has returned about 14% year-to-date, margi...
Lumentum Partners With Ericsson, Nokia, And Other Industry Participants In Mobile Optical Pluggables (MOPA) Joint Tec...
SAN JOSE, Calif., June 8, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced its participation in...
SAN JOSE, Calif., June 7, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced the appointment of Isaac ("Ike") Harris, Corporate Vice President, Global Supply Chain Operations for Z...
SAN JOSE, Calif., June 3, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of next-generation optical communications solutions, today announced the company will hig...
Analysts have provided the following ratings for Lumentum Holdings (NASDAQ:LITE) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 5 0 2 Somewhat Bullish 0 2 0 0 Indi...
AI vision silicon company Ambarella Inc (NASDAQ: AMBA), optical and photonic product manufacturer Lumentum Holdings Inc (NASDAQ: LITE), and CMOS image sensor solution provider ON Semiconductor Corp (NAS...
Lumentum Holdings' (LITE) third-quarter fiscal 2021 results were negatively impacted by 5G deployment delays in China.
The optical technology company reported disappointing quarterly results.