The Latest Breaking News from LITE

A stunning 250% rally has turned Lumentum into one of the market’s quietest AI winners.

Lumentum stock has more than tripled investor returns over the past year and trades at a reasonable valuation relative to its growth estimates.

Thought Nothing was done with phone releases this year? Think again!

The optical tech industry is well-positioned for growth due to technological advancements and increasing demand for seamless connectivity. So, let’s analyze optical tech stocks, Viavi Solutions (VIAV) and Lumentum Holdings (LITE), to determine which optical tech stock shines brighter. Read on.

With Lumentum shares skyrocketing over the past year, can this growth stock keep climbing?

Down more than 20% from all-time highs, Lumentum is a manufacturing company that develops products for growth markets such as data centers and AI.

This overlooked AI infrastructure stock is outperforming the market, and is expected to be profitable by FY 2025.

Lumentum Holdings Inc (NASDAQ:LITE) reported third-quarter FY22 revenue of $395.4 million, down 5.7% year-on-year, in line with the consensus. Optical Communications revenue declined 11.3% Y/Y to $344.2 million, and Lasers revenue rose 62% Y/Y to $51.2 million. Margins: The non-GAAP gross margin contracted 40 bps to 49.5%. The non-GAAP operating margin compressed 140 bps…

  Lumentum Holdings (NASDAQ:LITE) reported its Q3 earnings results on Wednesday, May 4, 2022 at 07:30 AM. Here's what investors need to know about the announcement.