Lumentum Holdings Inc. (NASDAQ:LITE) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
Lumentum Holdings Inc. (NASDAQ:LITE) Files An 8-K Results of Operations and Financial Condition
EX-99.1 2 lite_ex991xq3fy19.htm EXHIBIT 99.1 Exhibit NEWS RELEASE LUMENTUM ANNOUNCES FISCAL THIRD QUARTER 2019 RESULTS•Net revenue of $432.9 million•GAAP operating margin (loss) of (17.6)%; Non-GAAP operating margin of 17.8% •GAAP diluted net loss per share of $(0.98); Non-GAAP diluted net income per share of $0.91 •Results include full quarter of Oclaro acquisition and GAAP results include the impact of restructuring,…
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About Lumentum Holdings Inc. (NASDAQ:LITE)
Lumentum Holdings Inc. is a provider of optical and photonic products for a range of end market applications, including data communications (Datacom) and telecommunications (Telecom) networking and commercial lasers (commercial lasers) for manufacturing, inspection and life-science applications. The Company operates in two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The Company’s OpComms products include a range of components, modules and subsystems to support and maintain customers in its two primary markets: Telecom and Datacom. The Company’s Lasers products serve customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining, such as drilling in printed circuit boards, wafer singulation and solar cell scribing. The Company’s customers include original equipment manufacturers (OEMs).