Lumentum Holdings (LITE) Tops Q1 EPS by 10c, Guidance Misses

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Lumentum Announces Fiscal First Quarter 2023 Financial Results

November 8, 2022 7:30 AM EST

Net revenue of $506.8 millionGAAP gross margin of 39.7%; Non-GAAP gross margin of 48.2%GAAP operating margin of 2.7%; Non-GAAP operating margin of 27.1%GAAP diluted net loss per share of $0.01; Non-GAAP diluted net income per share of $1.69

SAN JOSE, Calif., Nov. 8, 2022 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal first quarter ended October 1, 2022.

"Solid execution drove first quarter revenue above the midpoint of our guidance,... More