Needham & Company Reiterates Strong Buy on Lumentum Holdings (LITE)
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Lumentum Announces Fiscal First Quarter 2017 Results
October 27, 2016 4:06 PM EDTFiscal First Quarter Highlights
Net Revenue of $258.1 million exceeded high-end of guidanceGAAP Operating margin of 6.5%; Non-GAAP Operating margin of 12.7% exceeded high-end of guidanceGAAP diluted Net loss per share of $(0.06); Non-GAAP diluted Net income per share of $0.49 exceeded high-end of guidanceMILPITAS, Calif., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal first quarter ended October 1, 2016.
Net revenue for the... More
