Lumentum Holdings (LITE) Tops Q2 EPS by 15c, Offers Q3 Guidance

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Lumentum Announces Fiscal Second Quarter 2021 Financial Results

February 2, 2021 7:30 AM EST

SAN JOSE, Calif., Feb. 2, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter of 2021 ended December 26, 2020.

Net revenue for the fiscal second quarter of 2021 was $478.8 million, with GAAP net income of $83.2 million, or $1.06 per diluted share. 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 second quarter of 2020 was $457.8 million, with GAAP net income of $49.1 million, or $0.63 per diluted share.

Non-GAAP net income for the fiscal second quarter of 2021 was $155.7... More