Lumentum Holdings (LITE) Tops Q1 EPS by 31c, Offers Q2 Guidance
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Lumentum Announces Fiscal First Quarter 2021 Financial Results
November 2, 2020 7:30 AM ESTSAN JOSE, Calif., Nov. 2, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal first quarter of 2021 ended September 26, 2020.
Net revenue for the fiscal first quarter of 2021 was $452.4 million, with GAAP net income of $67.1 million, or $0.86 per diluted share. Net revenue for the fiscal fourth quarter of 2020 was $368.1 million, with GAAP net loss of $(4.6) million, or $(0.06) 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.
Non-GAAP net income for the fiscal first quarter of 2021 was $139.2... More
