Morgan Stanley Downgrades Lumentum (LITE) to Underweight

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Lumentum Holdings (LITE): 100G Drives Strong Guidance - Piper Jaffray

August 10, 2016 7:55 AM EDT

Piper Jaffray analyst, Troy Jensen, reiterated his Overweight rating on shares of Lumentum (NASDAQ: LITE) and increased his price target to $38 from $32. Lumentum reported an impressive June quarter with revenues, margins and EPS all coming in ahead of Street expectations, while also guiding the September... More

Lumentum Holdings (LITE) Reports Q4 EPS of $0.41

August 9, 2016 4:34 PM EDT

Lumentum 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