Lumentum Holdings (LITE) Tops Q2 EPS by 19c, Offers Guidance

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Lumentum Announces Fiscal Second Quarter 2023 Financial Results

February 9, 2023 7:30 AM EST

Net revenue of $506.0 millionGAAP gross margin of 32.8%; Non-GAAP gross margin of 44.9%GAAP operating loss of 4.3%; Non-GAAP operating margin of 23.1%GAAP diluted net loss per share of $0.46; Non-GAAP diluted net income per share of $1.52

SAN JOSE, Calif., Feb. 9, 2023 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter ended December 31, 2022.

"Our second quarter financial and operational performance was very strong, led by robust demand... More