Lumentum Holdings (LITE) Tops Q2 EPS by 24c, Offers Q3 Guidance

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Lumentum Announces Fiscal Second Quarter 2020 Financial Results

February 4, 2020 7:30 AM EST

SAN JOSE, Calif., Feb. 4, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter of 2020 ended December 28, 2019.

Net revenue for the fiscal second quarter of 2020 was $457.8 million, with GAAP net income of $49.1 million, or $0.63 per diluted share. Net revenue for the fiscal first quarter of 2020 was $449.9 million, with GAAP net income of $47.6 million, or $0.61 per diluted share. Net revenue for the fiscal second quarter of 2019 was $373.7 million, with GAAP net income attributable to common stockholders of $5.4 million, or $0.08 per diluted share.

Non-GAAP net income for the fiscal second quarter of 2020 was... More