Lumentum Announces Fiscal Fourth Quarter and Full Year 2016 Results
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Morgan Stanley Downgrades Lumentum (LITE) to Underweight
August 11, 2016 6:37 AM EDTMorgan Stanley downgraded Lumentum (NASDAQ: LITE) from Equalweight to Underweight with a price target of $27.00 (from $20.00).
For an analyst ratings summary and ratings history on Lumentum click here. For more ratings news on Lumentum click here.
Shares of Lumentum closed at $31.82 yesterday.
... MoreLumentum Holdings (LITE) Reports Q4 EPS of $0.41
August 9, 2016 4:34 PM EDTLumentum Holdings (NASDAQ: LITE) reported Q4 EPS of $0.41, versus $0.15 reported last year. Revenue for the quarter came in at $241.7 million, versus $208.9 million reported last year.
GUIDANCE:
Lumentum Holdings sees Q1 2017 EPS of $0.41-$0.46. Lumentum Holdings sees Q1 2017 revenue of... More
