Lumentum Holdings Inc

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Equity

ISIN US55024U1097 / Valor 28285011

NASDAQ (2024-12-24)

USD 84.34+1.35%

Lumentum Holdings Inc
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About company

Lumentum Holdings Inc. is a key player in the photonics industry, specializing in the development and manufacturing of a wide range of photonic products. These products play a crucial role in enhancing the performance and efficiency of global communications networks, catering to the increasing demand for high-bandwidth applications such as streaming video, gaming, and machine vision. The company's portfolio also extends to the production of high-performance industrial lasers, including kilowatt-class fiber lasers and ultrafast solid-state lasers, which are integral in the precision manufacturing of various products like automobiles, solar cells, displays, and semiconductor chips. Furthermore, Lumentum is recognized for its pioneering efforts and leadership in the field of advanced diode lasers, which are essential for 3D sensing applications across mobile devices, autonomous driving technologies, in-cabin driver monitoring systems, advanced imaging, and other innovative applications. Through its comprehensive range of products, Lumentum is at the forefront of addressing the complex needs of data transmission and processing within the rapidly evolving technological landscape.

Summarized from source with an LLMView SourceSector: Telecommunications

Fiscal Fourth Quarter 2024 Revenue

Lumentum Holdings Inc. reported net revenue of $308.3 million for the fiscal fourth quarter of 2024. This represents a decrease from the previous quarter's revenue of $366.5 million and a year-over-year decline from $370.8 million in the fiscal fourth quarter of 2023.

Fiscal Fourth Quarter 2024 Earnings

For the fiscal fourth quarter of 2024, Lumentum Holdings Inc. recorded a GAAP net loss of $252.5 million, translating to a loss of $3.72 per diluted share. On a non-GAAP basis, the company achieved a net income of $4.0 million, or $0.06 per diluted share.

Full Fiscal Year 2024 Financial Performance

Throughout the fiscal year 2024, Lumentum Holdings Inc. generated net revenue of $1.36 billion. The company reported a GAAP net loss of $546.5 million, or $8.12 per diluted share, while the non-GAAP net income was $68.7 million, or $1.01 per diluted share.

Segment Revenue Breakdown

In the fiscal fourth quarter of 2024, Lumentum Holdings Inc.'s Cloud & Networking segment contributed $254.7 million, accounting for 82.6% of total revenue. The Industrial Tech segment generated $53.6 million, making up 17.4% of the total revenue for the quarter.

Outlook for Fiscal First Quarter 2025

Lumentum Holdings Inc. anticipates net revenue for the fiscal first quarter of 2025 to be in the range of $315 million to $335 million. The company expects a non-GAAP operating margin between 0% and 3.0%, with non-GAAP diluted earnings per share projected to be between $0.07 and $0.17.

Summarized from source with an LLMView Source

Key figures

59.1%1Y

-19.3%3Y

7.04%5Y

Performance

55.3%1Y

47.3%3Y

47.8%5Y

Volatility