Lumentum Hldgs Inc Stock Price, News & Analysis

Lumentum (LITE) reported its fiscal Q3 2025 results with net revenue of $425.2 million, up 16% year-over-year and 5.7% sequentially. The company posted a GAAP net loss of $0.64 per share, while non-GAAP earnings were $0.57 per share. Cloud & Networking segment revenue reached $365.2 million (85.9% of total), growing 16.4% YoY. The company's non-GAAP gross margin improved to 35.2%, up from 28.7% in the year-ago quarter. New CEO Michael Hurlston highlighted strong demand from cloud customers and a recovering networking market. Looking ahead, Lumentum forecasts Q4 2025 revenue between $440-470 million with non-GAAP EPS of $0.70-$0.80.

Lumentum Holdings (LITE) has announced its participation in four major upcoming investor conferences in May and June 2025:

• 20th Annual Needham Technology, Media & Consumer 1x1 Conference (Virtual) on May 9
• 53rd Annual J.P. Morgan Global Technology Conference in Boston on May 13
• 22nd Annual Craig-Hallum Institutional Investor Conference in Minneapolis on May 28
• BofA Securities 2025 Global Technology Conference in San Francisco on June 4

Management will be available for meetings and presentations at various times during these events. Institutional investors interested in participating should contact their representatives at the respective firms.

Lumentum Holdings (LITE) has scheduled the release of its fiscal third quarter 2025 financial results on Tuesday, May 6, 2025, after market close. The company will host a conference call on the same day at 2:00 p.m. PT/5:00 p.m. ET.

Participants can join via telephone using the dial-in numbers (833) 470-1428 or (404) 975-4839 with Conference ID: 629794. Pre-registration is available and recommended, with registrants receiving a unique dial-in number and PIN via email. The earnings release and supporting materials will be available in the Investors section of Lumentum's website.

Lumentum Holdings (LITE), a leader in optical and photonic solutions, has earned the EcoVadis Platinum Medal for the third consecutive year, placing it in the top 1% of assessed companies worldwide. The company's overall sustainability score increased to 83 from 80, showing improvements in Environment, Ethics, and Sustainable Procurement categories.

Key environmental achievements include:

• 38% reduction in Scope 1 and 2 greenhouse gas emissions in FY2024 vs FY2023
• Increased renewable electricity procurement to 79% in FY2024 from 61% in FY2023
• Launched solar power generation at facilities in Navanakorn, Thailand and San Jose, California
• Received Science-Based Targets initiative (SBTi) approval for 2030 and 2050 emissions reduction targets

Lumentum Holdings (LITE), a market-leading designer and manufacturer of optical and photonic products, has announced equity awards for two newly hired executives. Michael Brooker, the new Chief Transformation Officer, received three types of RSU grants totaling 69,282 shares: a one-year vesting grant, a four-year vesting grant, and performance-based units for 2025-2027. John Bagatelos, the new Senior Vice President of Sales, received 46,188 shares through two grants: a four-year vesting RSU and performance-based units.

The performance-based RSUs could result in a payout between 0% and 200% based on achievement of specified goals. All grants were made on April 15, 2025, under Lumentum's 2025 Inducement Equity Incentive Plan, with vesting contingent on continued employment.

Lumentum unveiled new advancements in indium phosphide (InP) photonic chip technologies at OFC 2025, targeting higher bandwidth and power-efficient connectivity for AI-driven data centers. The company showcased innovations enabling 400 Gbps-per-lane optical links and more efficient 200 Gbps-per-lane optical links.

Key demonstrations include:

• 448G EML technology demonstrating 448 Gbps data transmission using 224 GBaud PAM4
• 450G PAM4 DFB-MZI showing 450 Gbps transmission with superior chirp control
• 200 Gbps-per-lane differential drive EML operating at lower drive voltage
• Ultra-high power 1310 nm DFB lasers for co-packaged optics

Notably, Lumentum was selected as an NVIDIA silicon photonics ecosystem partner, with their ultra-high-power lasers integrated into NVIDIA's Spectrum-X Photonics and Quantum-X Photonics networking switches.

Lumentum has announced the sampling of new 400/800G ZR+ L-band pluggable transceivers and general availability of its 800G ZR+ C-band module. The new L-band module effectively doubles the usable wavelength range and fiber capacity, delivering 800G data rates for data center interconnect and metro applications, while supporting 400G data rates in long-haul deployments.

The products will be demonstrated at the 2025 OFC Conference in San Francisco. The 400G ZR++ L-band module will be showcased alongside the TrueFlex® Micro Twin 2x34 integrated C and L Wavelength Selective Switch, presenting a comprehensive system-level solution. The pluggable modules are designed for direct router-to-router connectivity, reducing system complexity and cost while addressing global fiber shortages and supporting growing data traffic demands driven by AI and machine learning applications.

Lumentum and Marvell Technology have announced an industry-first demonstration integrating Marvell's 400G/per lane PAM4 technology with Lumentum's indium phosphide (InP) monolithically-integrated DFB-MZI optical transmitter. The showcase will be presented at OFC 2025 in San Francisco, April 1-3.

The demonstration features Lumentum's 450G PAM4 distributed feedback laser integrated with a Mach-Zehnder modulator, operating at 225 Gbaud. This integrated DFB-MZI solution provides performance advantages over silicon photonics architectures, particularly in signal integrity and efficiency. The collaboration aims to enable future-proof 3.2T optical transceivers for AI/ML workloads and cloud-scale networking infrastructure.

Lumentum Holdings will showcase its latest optical networking innovations at the OFC 2025 conference in San Francisco from March 30-April 3. The company will demonstrate advancements in high-speed data interconnect products, optical circuit switching (OCS), and high-power pump lasers.

Key highlights include the new R300 OCS, a 300x300 port solution for AI cluster interconnects, available in H2 2025, and the M2 Series 980 nm Pump Modules delivering 800-1800 mW output power. In collaboration with Keysight and NTT, Lumentum will demonstrate 448 Gbps data transmission using 224 GBaud PAM4 EML technology.

The company will feature three dedicated racks showcasing solutions for AI/ML networks, data center interconnects, and long-distance optical networks, including 800G and 1.6T optical transceivers, TrueFlex® Micro Twin WSS, and 800ZR/ZR+ modules.