Lumentum Announces Fiscal Third Quarter 2020 Financial Results
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Lumentum Holdings (LITE) Tops Q3 EPS by 21c, Revenues Miss; Offers 4Q EPS/Revenue Guidance Below Consensus
May 5, 2020 7:37 AM EDTLumentum Holdings (NASDAQ: LITE) reported Q3 EPS of $1.26, $0.21 better than the analyst estimate of $1.05. Revenue for the quarter came in at $402.8 million versus the consensus estimate of $409.09 million.
"While the COVID-19 pandemic is currently impacting our ability to satisfy strong customer demand for our communications products, we believe the world's experience with COVID-19 will accelerate the shift to increasingly digital and virtual approaches to work, education, health care,... More
