Welcome to our dedicated page for Lumentum Hldgs news (Ticker: LITE), a resource for investors and traders seeking the latest updates and insights on Lumentum Hldgs stock.
Lumentum Holdings Inc. (NASDAQ: LITE) is a designer and manufacturer of optical and photonic products used in telecom, enterprise, and data center networks, as well as lasers for advanced manufacturing and next-generation 3D sensing, imaging, and sensing applications. This news page aggregates company-specific coverage so readers can follow how Lumentum’s technology, strategy, and financial performance evolve over time.
According to company press releases, Lumentum is closely tied to AI and cloud infrastructure, with photonics solutions deployed both inside and outside the data center. News items frequently highlight developments in cloud and networking, including high-speed optical transceivers, external cavity lasers, and optical circuit switches that support data center interconnect, long-haul transmission, and large communications networks.
Investors can expect regular financial news, such as quarterly and annual results, non-GAAP performance metrics, and business outlooks, which are often accompanied by conference calls and slide presentations. Lumentum also issues capital markets updates, including announcements and pricing details for its convertible senior notes and related capped call transactions, as disclosed in recent 8-K filings.
Corporate and governance updates appear as well, including board appointments, stockholder meeting outcomes, and approvals of equity incentive plans. In addition, Lumentum publishes product and technology announcements around major industry events like the European Conference on Optical Communications (ECOC), where it showcases optical circuit switches, high-speed transceivers, and tunable lasers aimed at AI-driven data centers and large-scale networks.
For anyone tracking LITE, this page offers a focused view of Lumentum’s earnings releases, financing activities, product launches, and governance disclosures, helping readers understand how the company positions itself within optical communications, photonics, and laser technology markets.
Lumentum has released its Fiscal 2024 Corporate Sustainability Report, highlighting significant environmental and operational achievements. The company achieved a 38% reduction in Scope 1 and 2 greenhouse gas emissions compared to Fiscal 2023, while increasing renewable electricity procurement to 79%. Notable accomplishments include transitioning three additional sites to 100% renewable electricity, implementing solar power generation in Thailand and California, and expanding ISO 14001 and 45001 certifications to more manufacturing sites.
The report also showcases improvements in product innovation, including a 45% reduction in power consumption for their TrueFlex Twin WSS product and a 77% reduction in power consumption for 200G PAM4 externally modulated lasers. The company filed over 280 new patent applications and enhanced its employee development programs, engaging nearly 250 participants in mentorship initiatives.
Lumentum Holdings Inc. (LITE) has announced that it will release its fiscal first quarter 2025 financial results on Thursday, November 7, 2024, after the market closes. The company will hold a conference call the same day at 2:00 p.m. PT/5:00 p.m. ET. A live webcast and replay of the call will be available in the Investors section of Lumentum's website.
To participate via telephone, investors can dial (833) 470-1428 or (404) 975-4839 with the Conference ID: 013162. Lumentum recommends participants dial in at least 10 minutes before the scheduled start. Pre-registration is also available for immediate access to the call. The earnings press release and additional supporting materials will be posted on the company's investor relations website.
Lumentum (LITE) will showcase advanced photonic solutions at ECOC 2024 in Frankfurt, focusing on AI-driven networks. Key highlights include:
1. Enhanced 800G ZR+ transceivers for extended reach and higher optical power applications.
2. Tunable SFP28 ER modules supporting 25 Gbps DWDM links up to 40 km.
3. Participation in OIF interoperability demonstrations for 800ZR, 400ZR+, and multi-span optics.
4. Presentation on energy-efficient optics for AI networks, potentially reducing power consumption by up to 80%.
5. Workshop participation on multi-band systems' cost-effectiveness compared to parallel C-band systems.
Lumentum Holdings Inc. (LITE) reported its fiscal fourth quarter and full year 2024 results. Q4 highlights include net revenue of $308.3 million, a GAAP operating loss of 43.3%, and non-GAAP diluted net income per share of $0.06. For the full fiscal year 2024, net revenue was $1.36 billion with a GAAP operating loss of 31.9% and non-GAAP diluted net income per share of $1.01.
The company reported record orders for datacom chips used in data center applications and noted positive trends in the traditional networking market. Lumentum's strategy focuses on broadening its cloud and AI customer base, aiming for accelerated growth in 2025. The company held $887.0 million in total cash and investments at the end of Q4 2024.
For Q1 2025, Lumentum expects net revenue between $315 million and $335 million, with a non-GAAP operating margin of 0% to 3.0% and non-GAAP diluted EPS of $0.07 to $0.17.
Lumentum Holdings Inc. (LITE) has announced the release of its fiscal fourth quarter 2024 financial results on August 14, 2024, after market close. The company will hold a conference call the same day at 2:30 p.m. PT/5:30 p.m. ET. Investors can access the live webcast and replay in the Investors section of Lumentum's website. To participate via telephone, dial (833) 470-1428 or (404) 975-4839 with Conference ID: 819344. Pre-registration is encouraged for immediate access to the call. The earnings press release and supporting materials will be available on the company's investor relations website under the respective sections.
Lumentum has announced its participation in several upcoming investor events. The company's management will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston on May 20, 2024, at 3:10 p.m. Eastern Time. Additionally, Lumentum will be available for meetings at the 21st Annual Craig-Hallum Institutional Investor Conference in Minneapolis on May 29, 2024, from 8:00 a.m. to 4:00 p.m. Central Time. Lastly, the company will present at the BofA Securities 2024 Global Technology Conference in San Francisco on June 5, 2024, at 2:00 p.m. Pacific Time. Institutional investors can contact their representatives for participation details.
Lumentum reported fiscal third quarter 2024 financial results with a net revenue of $366.5 million, GAAP gross margin of 16.2%, and Non-GAAP gross margin of 32.6%. The company remains optimistic about future growth opportunities, especially in the cloud data center segment. However, telecom business challenges may continue to affect revenue in the coming quarters. Lumentum expects a net revenue range of $290 million to $315 million for the fiscal fourth quarter 2024.
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