Lumentum Holdings (LITE) Tops Q2 EPS by 3c, Q3 Guidance Tops Views
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Lumentum Announces Fiscal Second Quarter 2016 Results
February 4, 2016 4:05 PM ESTÂ
Net Revenue of $218.3 million exceeded mid-point of guidanceNon-GAAP Operating margin of 9.0% exceeding mid-point of guidance; GAAP Operating margin of 2.8%Non-GAAP Net income per share of $0.31 exceeded upper-end of guidance; GAAP Net income per share of $0.05(a)ÂMILPITAS, Calif., Feb. 04, 2016 (GLOBE NEWSWIRE) -- Lumentum Holdings Inc. ("Lumentum") today reported results for its fiscal second quarter ended December 26, 2015.
Net revenue for the fiscal second quarter 2016 was $218.3 million, with GAAP net income of $2.8 million, or $0.05 per share. Prior quarter net revenue was $212.6 million, with GAAP net loss of $(0.2) million, or $0.00 per share.... More
