New Risk • 7h
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$75m sold). Annuncio • 11h
Lumentum Holdings Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2027 Lumentum Holdings Inc. provided earnings guidance for the first quarter of fiscal year 2027. For the quarter, company expected Net revenue in the range of $1.225 billion to $1.275 billion. Annuncio • Aug 01
Lumentum Holdings Inc. Announces Vincent Retort Plans to Retire from Executive Vice President, Global Reliability & Quality, Effective October 2026 Lumentum Holdings Inc. announced that on July 27, 2026, Vincent Retort, Executive Vice President, Global Reliability & Quality, informed the company of his planned retirement from the company, effective in October 2026. Mr. Retort has agreed to provide consulting services to the company for a two-year term following his retirement. In exchange for Mr. Retort's services, his outstanding equity awards will continue to vest during the consulting term in accordance with their existing vesting schedules, provided that he remains as a service provider to the company. Annuncio • Jul 14
Lumentum Holdings Inc. to Report Q4, 2026 Results on Aug 11, 2026 Lumentum Holdings Inc. announced that they will report Q4, 2026 results After-Market on Aug 11, 2026 Buy Or Sell Opportunity • Jun 03
Now 23% undervalued Over the last 90 days, the stock has risen 43% to Mex$16,411. The fair value is estimated to be Mex$21,196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 206% in 2 years. Earnings are forecast to grow by 435% in the next 2 years. Recent Insider Transactions • May 29
Independent Director recently sold Mex$75m worth of stock On the 21st of May, Ian Small sold around 5k shares on-market at roughly Mex$15,066 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$388m more than they bought in the last 12 months. Buy Or Sell Opportunity • May 14
Now 23% undervalued Over the last 90 days, the stock has risen 74% to Mex$17,260. The fair value is estimated to be Mex$22,443, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 205% in 2 years. Earnings are forecast to grow by 435% in the next 2 years. Annuncio • May 08
Lumentum Holdings Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2026 Lumentum Holdings Inc. provided earnings guidance for the fourth quarter of fiscal year 2026. For the quarter, company expected Net revenue in the range of $960 million to $1.01 billion. Annuncio • Apr 07
Lumentum Holdings Inc. to Report Q3, 2026 Results on May 05, 2026 Lumentum Holdings Inc. announced that they will report Q3, 2026 results After-Market on May 05, 2026 Annuncio • Mar 03
Lumentum Holdings Inc. announced that it has received $2.000000114 billion in funding from NVIDIA Corporation Lumentum Holdings Inc. announced private placement to issue 2,876,415 Series A Convertible Preferred Stock at a price of $695.31 per share for the proceeds of $2,000,000,114 on March 2, 2026. Transaction involves participation of NVIDIA Corporation as a new investor. The Shares were issued and sold to investor in a private placement relying upon the exemption provided by Section 4(a)(2) of the Securities Act of 1933, as amended. The Series A Preferred Stock will convert on a one-for-one basis into shares of the Company’s common stock (the “Common Stock”) (i) at the option of the holder, provided, that, no holder may exercise this conversion right until the expiration or termination of the applicable waiting period (or any extension thereof) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules and regulations promulgated thereunder or (ii) automatically immediately before the closing of a qualified sale. The Certificate of Designation defines qualified sale as the bona fide sale of the Series A Preferred Stock to the Company or a non-affiliate of the holder. Recent Insider Transactions • Feb 12
Independent Chair of Board of Directors recently sold Mex$45m worth of stock On the 6th of February, Penelope Herscher sold around 5k shares on-market at roughly Mex$9,262 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Penelope's only on-market trade for the last 12 months. New Risk • Feb 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 337% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (Mex$121m sold). Reported Earnings • Feb 04
Second quarter 2026 earnings released: EPS: US$1.10 (vs US$0.88 loss in 2Q 2025) Second quarter 2026 results: EPS: US$1.10 (up from US$0.88 loss in 2Q 2025). Revenue: US$665.5m (up 66% from 2Q 2025). Net income: US$78.2m (up US$139.1m from 2Q 2025). Profit margin: 12% (up from net loss in 2Q 2025). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Global Communications industry. Annuncio • Feb 04
Lumentum Holdings Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2026 Lumentum Holdings Inc. provided earnings guidance for the third quarter of fiscal year 2026. For the quarter, the company expected net revenue in the range of $780 million to $830 million. Annuncio • Jan 16
Lumentum Holdings Inc. Showcases Next-Generation Ultrafast and Uv Laser Platforms for Precision Manufacturing At Photonics West 2026 Lumentum Holdings Inc. announced its participation in SPIE Photonics West 2026, where it will showcase high-power ultrafast, UV, and 3D sensing laser solutions designed to meet the growing precision, throughput, and reliability demands of advanced manufacturing and sensing applications. Featured products include: PicoBlade®? Core - Lumentum's latest ultrafast laser platform delivers up to 150 watts of average power with sub-12 picosecond pulses and integrated multi-wavelength output in a compact, unified design. It enables high-throughput, precision micromachining for printed circuit boards, battery cells, solar cells, and consumer electronics applications. The platform is available in NIR, Green and UV wavelengths. NQ-Series - The newest addition to Lumentum's nanosecond-pulsed laser portfolio, the NQ-Series delivers up to 500 uJ pulse energy of UV light at rates up to 60 kHz. Designed for high-throughput micromachining, the NQ-Series brings exceptional beam quality and reliability to address next-generation processing challenges. 3D Sensing VCSELs - Lumentum offers a broad portfolio of vertical-cavity surface-emitting laser (VCSEL) solutions supporting 3D sensing across a wide range of industrial and consumer applications. Scalable, high-volume manufacturing ensures consistent performance, high reliability, and power efficiency for use cases including depth sensing, object detection, and driver assistance systems. Annuncio • Dec 16
Lumentum Holdings Inc. Appoints Thad Trent to Board of Directors On December 15, 2025, the board of directors of Lumentum Holdings Inc. appointed Thad Trent to serve as a member of the Board, effective immediately. Concurrent with his appointment to the Board, Mr. Trent was also appointed to serve on the Audit Committee of the Board. Mr. Trent will serve an initial term of office expiring at the Company’s 2026 annual meeting of stockholders and until his successor is duly elected and qualified. Mr. Trent, 58, has served as Executive Vice President and Chief Financial Officer at ON Semiconductor Corporation (onsemi), a semiconductor supplier of power and sensing solutions, since February 2021. Prior to onsemi, Mr. Trent was the Chief Financial Officer at Cypress Semiconductor Corporation, a semiconductor design and manufacturing company, from June 2014 until its sale to Infineon Technologies AG in April 2020, and was Vice President, Finance from October 2005 to June 2014. He held progressive leadership positions in finance at Wyle Electronics, Zaffire Inc., Scion Photonics Inc. and Wind River Systems Inc. from 1992 to 2005. Mr. Trent holds a Bachelor of Science degree in Business Administration and Finance from San Diego State University. Recent Insider Transactions • Nov 28
Independent Director recently sold Mex$17m worth of stock On the 19th of November, Pamela Fletcher sold around 3k shares on-market at roughly Mex$5,019 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$50m. Insiders have been net sellers, collectively disposing of Mex$124m more than they bought in the last 12 months. Recent Insider Transactions • Nov 24
Independent Director recently sold Mex$17m worth of stock On the 19th of November, Pamela Fletcher sold around 3k shares on-market at roughly Mex$5,019 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$50m. Insiders have been net sellers, collectively disposing of Mex$124m more than they bought in the last 12 months. Recent Insider Transactions • Nov 22
Independent Director recently sold Mex$2.7m worth of stock On the 17th of November, Pamela Fletcher sold around 579 shares on-market at roughly Mex$4,590 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$50m. Insiders have been net sellers, collectively disposing of Mex$106m more than they bought in the last 12 months. Recent Insider Transactions • Nov 12
VP of Finance recently sold Mex$19m worth of stock On the 7th of November, Matthew Sepe sold around 4k shares on-market at roughly Mex$4,433 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$52m more than they bought in the last 12 months. Buy Or Sell Opportunity • Nov 06
Now 47% overvalued after recent price rise Over the last 90 days, the stock has risen 120% to Mex$4,550. The fair value is estimated to be Mex$3,086, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 81% in 2 years. Earnings are forecast to grow by 212% in the next 2 years. Reported Earnings • Nov 06
First quarter 2026 earnings released: EPS: US$0.06 (vs US$1.21 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.06 (up from US$1.21 loss in 1Q 2025). Revenue: US$533.8m (up 58% from 1Q 2025). Net income: US$4.20m (up US$86.6m from 1Q 2025). Profit margin: 0.8% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Communications industry. Annuncio • Nov 05
Lumentum Holdings Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2026 Lumentum Holdings Inc. provided earnings guidance for the second quarter of fiscal year 2026. For the quarter, the company expects Net revenue in the range of $630 million to $670 million. Annuncio • Oct 09
Lumentum Holdings Inc. to Report Q1, 2026 Results on Nov 04, 2025 Lumentum Holdings Inc. announced that they will report Q1, 2026 results After-Market on Nov 04, 2025 Annuncio • Oct 08
Lumentum Holdings Inc., Annual General Meeting, Nov 19, 2025 Lumentum Holdings Inc., Annual General Meeting, Nov 19, 2025. Buy Or Sell Opportunity • Oct 01
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at Mex$3,160. The fair value is estimated to be Mex$2,601, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 57% per annum over the same time period. Annuncio • Sep 30
Lumentum Showcases New Products and Technologies at ECOC 2025 for AI and Data Center Networks Lumentum Holdings Inc. announced several live technology and product demonstrations at ECOC, the European Conference on Optical Communications, reinforcing the company's focus on enabling AI-driven data centers and the world's largest communications networks. During the exhibition, Lumentum will showcase multiple live demonstrations: ELSFP Transceivers for CPO Architectures: Lumentum is showcasing its development of external laser source (ELS) modules in the ELSFP pluggable form factor, designed to advance co-packaged optics (CPO) architectures in high-bandwidth environments such as hyperscale data centers and AI clusters. The demonstration highlights pluggable modules incorporating Lumentum's ultra-high-power (UHP) 1310 nm lasers, enabling next-generation switches and AI processors with integrated optical connectivity. By separating the laser source from the optical engine and placing it at the system faceplate, these modules improve thermal management and reliability, while their design enhances serviceability and modularity. The ELSFP form factor provides higher system density, lower thermal loads, and improved lifetime performance, all while maintaining standards compliance. This product is expected to be sampling in calendar First Quarter 2026. Lumentum is also demonstrating its 1.6T DR8 TRO OSFP pluggable transceiver module, which provides 8x200 Gbps data connectivity over 500 meters of single-mode fiber optics targeting hyperscale Cloud and AI applications. Its TRO or "Transmit-Retimed Optical" design offers a significantly lower power dissipation compared to a Fully Retimed Optical (FRO) transceiver module. The product leverages internal Lumentum manufacturing and components and is currently ramping into volume production. Extended C+L Ultrawideband Nano-iTLA Now Sampling: In addition, Lumentum is sampling its ultrawideband narrow-linewidth InP nano-iTLA. This new laser assembly provides full tunability across more than 12.4 THz, covering both the extended C- and L- bands making it ideally suited to support the increased bandwidth demand driven by AI data centers, data center interconnects (DCI), metro, and long-haul networks. Building on Lumentum's proven, world-class external cavity laser (ECL) technology, the ultrawideband nano-iTLA is delivered in the same compact, form factor as existing solutions, with a single wideband tunable laser. It offers best-in-class narrow-linewidth performance, enabling superior signal integrity and system reach. Initial units have been delivered to key customers for evaluation in next-generation optical networks. Annuncio • Sep 24
Lumentum Holdings Inc. Announces R64 Optical Circuit Switch for Ai Data Centers Lumentum Holdings Inc. announced the expansion of its Optical Circuit Switch (OCS) product line with the new R64 platform. Based on Lumentum's proven MEMS technology, the device will launch as a 64x64-port product for lower-port-count applications within AI data centers. The company will feature the new product at the ECOC exhibition in Copenhagen, Denmark, from September 29-October 1. The Lumentum R64 OCS complements the high-port count R300 OCS, and leverages decades of in-house engineering expertise in MEMS technology used widely in telecom applications. With a deep patent portfolio and more than one trillion field mirror operating hours, the OCS is designed to provide unmatched performance and high reliability for AI data centers. Key Advantages of the R64 OCS: Low Power consumption: At less than 150 W for a switch capable of carrying over 100Tbps of optical traffic, the R64 changes how an AI data center can scale by offering 80% power reduction compared to packet-based switches. Exceptional Optical Performance: MEMS technology does not require light to pass through any active medium, giving exceptionally low insertion loss and almost no polarization dependence. Flexible Optical Design: The R64 platform allows scaling to 72x72 ports, uni- or bi-directional operation, and full any-to-any fiber connectivity which removes typical OCS connectivity restrictions for bi-directional applications. Wide Band Operation: The R64 is optimized for today's O-band applications and brings exceptional performance in the C-band, due to the future-proof, bandwidth-agnostic MEMS technology. Ultra Stable: Lumentum's proprietary MEMS design is inherently stable over product lifetimes, requiring no feedback mechanism. This avoids control loop dither noise from being introduced to the optical signal while reducing overall system complexity. Compact Footprint: The compact design packs in all required features into a 2RU form factor, including redundant power supplies and cooling fans. The R64 OCS adds to Lumentum's growing portfolio of innovative photonic solutions aimed at improving AI data center scalability. Systems will begin sampling with customers in calendar Fourth Quarter 2025, with general availability expected in the second half of 2026. Buy Or Sell Opportunity • Sep 17
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at Mex$3,126. The fair value is estimated to be Mex$2,602, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 57% per annum over the same time period. Recent Insider Transactions • Aug 24
Independent Director recently sold Mex$2.8m worth of stock On the 18th of August, Julia Johnson sold around 1k shares on-market at roughly Mex$2,236 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$60m more than they bought in the last 12 months. Recent Insider Transactions • Aug 21
Independent Director recently sold Mex$2.8m worth of stock On the 18th of August, Julia Johnson sold around 1k shares on-market at roughly Mex$2,236 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$60m more than they bought in the last 12 months. Reported Earnings • Aug 13
Full year 2025 earnings released: EPS: US$0.38 (vs US$8.12 loss in FY 2024) Full year 2025 results: EPS: US$0.38 (up from US$8.12 loss in FY 2024). Revenue: US$1.65b (up 21% from FY 2024). Net income: US$25.9m (up US$572.4m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Communications industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Annuncio • Jul 15
Lumentum Holdings Inc. to Report Q4, 2025 Results on Aug 12, 2025 Lumentum Holdings Inc. announced that they will report Q4, 2025 results After-Market on Aug 12, 2025 Annuncio • Jun 24
Lumentum Holdings Inc. to Highlight Latest Advancements At Laser World of Photonics Munich 2025 Lumentum Holdings Inc. announced its participation in Laser World of Photonics 2025, taking place at the Trade Fair Center Messe Munchen in Munich, Germany. Lumentum will exhibit its broad portfolio of laser technologies at Hall A2, Stand 337, with a focus on solutions that drive the future of industrial photonics and precision manufacturing. Lumentum will display its latest advancements in ultrafast and nanosecond laser platforms, along with specialty fibers technologies, to support high-growth sectors including consumer electronics and energy storage. PicoBlade Core - The newest ultrafast laser platform from Lumentum delivers up to 150 watts of average power with sub-12 picosecond pulses and integrated multi-wavelength output in a compact, unified design. It enables high-throughput, precision micromachining across printed circuit board, battery cell, solar cell, and consumer electronics applications. Q-Series®?- This line of high-power diode-pumped UV and green lasers offers leading pulse energy and peak power with exceptional stability and uptime. These products are ideal for high-precision processing across diverse materials and manufacturing environments. Q-Series Q391 - The latest addition to the Q-Series portfolio is a nanosecond-pulsed UV laser that delivers 1 millijoule pulse energies at up to 40 kHz. Designed for high-throughput micromachining, the Q391 brings exceptional beam quality and reliability to next-generation processing challenges. Specialty Fibers and Components - Produced using proprietary modified chemical vapor deposition and in-house rare-earth doping, these specialty fibers offer precise control over core size, numerical aperture, and absorption. Lumentum fibers and components integrate seamlessly into advanced photonic systems for industrial, scientific, and telecom applications. 3D Sensing for Industrial and Automotive - Lumentum offers a broad portfolio of vertical-cavity surface-emitting laser (VCSEL) solutions to support 3D sensing across diverse industrial and automotive applications. Scalable, high-volume manufacturing enables consistent performance, high reliability, and power efficiency for use cases including depth sensing, object detection, and driver assistance systems. Annuncio • May 07
Lumentum Holdings Inc. Provides Earnings Guidance for Fourth Quarter of 2025 Lumentum Holdings Inc. provided earnings guidance for fourth quarter of 2025. For the quarter, the company expects Net revenue in the range of $440 million to $470 million. Annuncio • Apr 23
Lumentum Holdings Inc. to Report Q3, 2025 Results on May 06, 2025 Lumentum Holdings Inc. announced that they will report Q3, 2025 results After-Market on May 06, 2025 Annuncio • Apr 01
Lumentum Holdings Inc. Unveils New Transceivers to Double Fiber Capacity Across Wide Range of Transmission Distances Lumentum Holdings Inc. announced limited sampling of its new 400/800G ZR+ L-band pluggable transceivers, along with general availability of its 800G ZR+ C-band module. Both products will be showcased in live demonstrations at the 2025 Optical Fiber Communications Conference and Exhibition (OFC) at Lumentum Booth #2119 in San Francisco, California, April 1-3. The new L-band module extends transceiver operation into the L-band spectrum, effectively doubling the usable spectrum range and available fiber capacity. It delivers 800G data rates for data center interconnect (DCI) and metro applications, while supporting 400G data rates in long-haul deployments using quadrature phase shift keying (QPSK) for optimized reach and performance. The 400G ZR++ L-band module will be demonstrated alongside the TrueFlex®? Micro Twin 2x34 integrated C and L Wavelength Selective Switch (WSS), highlighting a comprehensive and cost-effective system-level solution. Lumentum's pluggable modules are designed for direct router-to-router connectivity, reducing overall system complexity and cost. Expanding access to fiber capacity is essential as data traffic driven by artificial intelligence (AI) and machine learning (ML) continues to grow at an unprecedented pace. Both the L-band and C-band modules help address global fiber shortages while enabling the rapid scaling of network transmission capacity. Annuncio • Mar 28
Lumentum Holdings Inc. to Showcase Cutting-Edge Optical Innovations for Cloud, AI, and Networking Infrastructure At Ofc 2025 Lumentum Holdings Inc. will unveil its latest innovations in optical networking at the Optical Fiber Communications Conference and Exhibition (OFC) 2025, March 30-April 3 in San Francisco. At booth #2119, Lumentum will present advancements in high-speed data interconnect products and technologies, optical circuit switching (OCS), high-power pump lasers, and next-generation networking technologies, reinforcing its commitment to innovations that enable efficient scaling of AI-driven and cloud-scale networking architectures. With its broad portfolio of advanced optical components and indium phosphide (InP) photonic devices, Lumentum delivers high-performance, reliable solutions that support the growing demands of next-generation AI and data center infrastructure. Lumentum president and CEO Michael Hurlston will also join the CEO panel at the Optica Executive Forum on March 31 at the Marriott Marquis. Live Demonstrations: Advancing AI, Cloud, and Networking: Networking for AI/ML Workloads, Cloud Environments, and Coherent Data Center Interconnects: Featuring three dedicated racks spanning AI/ML front-end and back-end networks, data center interconnects (DCI), and longer-distance optical networks, Lumentum will showcase live demonstrations of its latest photonic technologies designed to meet the growing demands of AI clusters and hyperscale cloud infrastructure. A key highlight includes its OCS technology, which enhances scalability, efficiency, and power savings for AI/ML interconnects and cloud networking. Featured Products and Technology: AI/ML Back-End Network: 800G and 1.6T optical transceivers and OCS; Cloud Front-End Network: 400G, 800G short reach transceivers, and 800ZR transceivers; DCI and Long-Haul Networking: TrueFlex®?Micro Twin 2x34 integrated C and L wavelength selective switch (WSS), 800G ZR/ZR+ pluggable modules operating across both C and L transmission bands, including transmission over > 400km fiber; R300 OCS:Lumentum will demonstrate its new R300 OCS, a 300x300 port solution optimized for AI cluster interconnects and intra-data center networks. Currently sampling with hyperscale cloud customers, the R300 OCS will be available in the second half of 2025. Featuring MEMS-based optical switching based on over a trillion-field mirror operating hours and hundreds of patents, it provides a power-efficient, cost-effective alternative to traditional Ethernet architectures. Lumentum will also demonstrate 448 Gbps data transmission using 224 GBaud PAM4 externally-modulated laser (EML) technology in collaboration with Keysight Technologies and NTT Innovative Devices at booth #1301. Lumentum's high-bandwidth InP EML enables power-efficient, high-speed optical interconnects for AI and cloud infrastructure. This demonstration marks the first characterization of an InP modulator with PAM4 modulation at448 Gbps. M2 Series Pump Laser: High-Power Amplification for Next-Generation Optical Networks: Lumentum is introducing its M2 Series 980 nm Fiber Bragg Grating-Stabilized Pump Modules, designed for high-power optical amplification. Featuring a dual-chip architecture with independently controlled emitters in a compact 10-pin butterfly package, the M2 series delivers total output power ranging from 800 to 1800 mW. Annuncio • Mar 27
Lumentum Holdings Inc. to Showcase its R300 Optical Circuit Switch (OCS) 300x300 Port Product Lumentum Holdings Inc. announced that its R300 optical circuit switch (OCS) 300x300 port product is currently sampling with multiple hyperscale customers and is slated for general availability in the second half of 2025. The R300 is a breakthrough solution designed to enhance the scalability, performance, and efficiency of artificial intelligence (AI) clusters and intra-data-center networks. Lumentum will showcase the new product at the 2025 Optical Fiber Communications Conference and Exhibition (OFC) at Booth #2119 in San Francisco CA, from April 1-3rd. The Lumentum OCS leverages decades of engineering expertise in developing and deploying high-performance, micro-electro-mechanical systems (MEMS) technology in demanding telecom applications. Based on over 1 trillion field mirror operating hours and a proven portfolio with hundreds of patents, the OCS is designed to provide high reliability and performance. As hyperscalers scale AI infrastructure to meet surging demand, optical switching offers a power-efficient, cost-effective, and reliable alternative to traditional Ethernet-based architectures. Lumentum estimates that adopting its OCS can reduce overall AI data center network power consumption by 65% or more in 100K-scale GPU deployments compared to InfiniBand or Ethernet solutions. Market research firm Cignal AI projects that the OCS market will surpass $1B by 2028, driven by AI and cloud network advancements. Key Benefits of the Lumentum OCS Major advantages include: Significant power savings. Reduces power consumption, compared to traditional Ethernet-based infrastructures. Ultra-low latency. Eliminates OEO conversion, reducing latency by 5X to 10X versus Ethernet switching. Ultra-wideband capability. Unlike liquid crystal-based switches, MEMS technology operates seamlessly across the O, C, or L optical bands, making it a future-proof solution for next-generation transmission technologies. Superior signal integrity. Low insertion and return loss, along with minimal polarization-dependent loss (PDL) and polarization mode dispersion (PMD), ensure exceptional optical performance. Exceptional stability. Lumentum's proprietary MEMS technology eliminates the need for closed loop control, reducing system complexity, while preventing dither noise - unwanted oscillations that can degrade signal performance. Enhanced reliability and availability. A modular design with redundant power supplies, fans and easily replaceable control electronics minimizes potential downtime. Annuncio • Feb 07
Lumentum Holdings Inc. Provides Earnings Guidance for the Third Quarter of 2025 Lumentum Holdings Inc. provided earnings guidance for the third quarter of 2025. For the quarter, the company expects Net revenue in the range of $410 million to $425 million. Annuncio • Jan 22
Lumentum Holdings Inc. to Report Q2, 2025 Results on Feb 06, 2025 Lumentum Holdings Inc. announced that they will report Q2, 2025 results After-Market on Feb 06, 2025 Annuncio • Dec 13
Lumentum Holdings Inc. Appoints Paul Lundstrom to its Board of Directors Lumentum Holdings Inc. announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. Lundstrom is currently Chief Financial Officer at Copeland. Prior to Copeland, he was the Chief Financial Officer of Flex Ltd, where he was a key member of the team that led the analysis, carve-out and IPO for Nextracker, and served as a member of the Nextracker Board of Directors. Prior to Flex, Lundstrom served as the Chief Financial Officer for Aerojet Rocketdyne. Lundstrom has also held a number of senior finance leadership roles while at United Technologies. Lundstrom holds a Bachelor of Science degree from Truman State University and a Master of Business Administration degree from Columbia University. Annuncio • Nov 08
Lumentum Holdings Inc. Provides Earnings Guidance for the Second Quarter of 2025 Lumentum Holdings Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company reported net revenue in the range of $380 million to $400 million. Annuncio • Oct 15
Lumentum Holdings Inc. to Report Q1, 2025 Results on Nov 07, 2024 Lumentum Holdings Inc. announced that they will report Q1, 2025 results After-Market on Nov 07, 2024 Annuncio • Oct 04
Lumentum Holdings Inc., Annual General Meeting, Nov 20, 2024 Lumentum Holdings Inc., Annual General Meeting, Nov 20, 2024. Annuncio • Aug 15
Lumentum Holdings Inc. Provides Revenue Guidance for the First Quarter of 2025 Lumentum Holdings Inc. provided revenue guidance for the first quarter of 2025. For the quarter, the company expects Net revenue in the range of $315 million to $335 million. Annuncio • Aug 01
Lumentum Holdings Inc. to Report Q4, 2024 Results on Aug 14, 2024 Lumentum Holdings Inc. announced that they will report Q4, 2024 results After-Market on Aug 14, 2024 Annuncio • May 08
Lumentum Holdings Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter of 2024 Lumentum Holdings Inc. provided earnings guidance for the fiscal fourth quarter 2024. For the quarter, the company expects net revenue in the range of $290 million to $315 million. Annuncio • Apr 23
Lumentum Holdings Inc. to Report Q3, 2024 Results on May 06, 2024 Lumentum Holdings Inc. announced that they will report Q3, 2024 results After-Market on May 06, 2024 Annuncio • Mar 26
Lumentum Holdings Inc. Enhances Performance in 800Zr+ Transceivers for Broader Applications Lumentum Holdings Inc. announced significant performance enhancements to its 800ZR+ transceivers. These improvements enable the 800ZR+ modules to serve a wider range of applications, including expanded use in metro and regional networks through the ability to interface directly into routers. Additionally, the enhanced performance modes now make 400ZR+ and 600ZR+ operation suitable for true long-haul applications, with OSNR and dispersion tolerance enabling reaches exceeding 2000 km at 400 Gbps. Lumentum's 800ZR+ transce divers were recently recognized in the 2024 Lightwave Innovation Review Awards and will be demonstrated in a 400 km+ amplified link in booth #2613 at the Optical Fiber Communication Conference (OFC) in San Diego, California. Lumentum has optimized its latest generation of 800ZR+ modules to maximize performance, while maintaining a compact QSFP-DD and OSFP form factor. These modules employ Lumentum's latest hybrid photonic integrated circuit technology, which incorporates both the company's leading edge indium phosphide photonic integrated circuits and silicon photonics. The performance and use case flexibility provided by these modules mark a significant step in the evolution of high-speed communications networks. Demand for 400ZR and 400ZR+ modules has surged, particularly for data center interconnect (DCI) applications, with the ecosystem of transceiver modules, routers, and system software having reached maturity and critical mass for widespread adoption. Escalating demands for bandwidth to support advanced artificial intelligence and machine learning applications are accelerating the need to transition to higher-speed 800 Gbps modules. With enhanced performance, including higher output power and reach, these latest coherent pluggable modules are also increasingly able to meet the stringent requirements of traditional telecom metro and long-haul applications, while offering increased deployment flexibility and cost, size, and power savings versus traditional solutions. Annuncio • Mar 06
Lumentum Holdings Inc. Appoints Jae Kim as Senior Vice President, General Counsel and Secretary Lumentum Holdings Inc. announced the appointment of Jae Kim as Senior Vice President, General Counsel and Corporate Secretary, reporting to Alan Lowe, President and Chief Executive Officer. In this role, Kim will be responsible for leading Lumentum’s Legal department, including Corporate Affairs, Commercial Transactions, Trade Compliance, and Intellectual Property. He will also be responsible for Facilities, Real Estate and Security. Kim succeeds Judy Hamel, who will be retiring from Lumentum after serving as Senior Vice President, General Counsel and Secretary since 2015. She previously held the role of Senior Corporate Counsel at Lumentum’s parent company, JDSU, beginning in 2012. Kim has over 25 years of experience in corporate law, most recently serving as Chief Administrative and Legal Officer at GlobalLogic Inc., a Hitachi Group Company. In this role, he oversaw all corporate legal matters, as well as Governance, Enterprise Risk Management and Insurance, Compliance, and Facilities and Employee Services. Prior to GlobalLogic, he was SVP, General Counsel at Rambus Inc., responsible for all legal matters, including Litigation, IP development, M&A, Corporate Governance and Compliance. Earlier in his career, Kim held senior legal roles at Altran/Aricent and Electronics for Imaging Inc. He also served as an attorney at Wilson Sonsini Goodrich and Rosati, a prominent Silicon Valley law firm, and as an attorney for the United States Securities and Exchange Commission (SEC). Kim earned his bachelor’s degree in Economics from Boston University and his law degree from American University, Washington College of Law. He is a member of the California and New York State Bars. Annuncio • Feb 29
Lumentum Holdings Inc. Announces Retirement of Judy G. Hamel as General Counsel and Secretary On February 23, 2024, Judy G. Hamel, Senior Vice President, General Counsel and Secretary of Lumentum Holdings Inc., informed the company that she would be retiring as General Counsel and Secretary following the appointment of her successor. Ms. Hamel’s intention to retire does not reflect any disagreement with the company. Ms. Hamel will remain employed by the Company for a period of time to assist in the transition. Annuncio • Feb 08
Lumentum Holdings Inc. Provides Revenue Guidance for the Fiscal Third Quarter 2024 Lumentum Holdings Inc. provided revenue guidance for the fiscal third quarter 2024. For the quarter, the company expects Net revenue in the range of $350 million to $380 million. Annuncio • Jan 24
Lumentum Holdings Inc. to Report Q2, 2024 Results on Feb 08, 2024 Lumentum Holdings Inc. announced that they will report Q2, 2024 results Pre-Market on Feb 08, 2024 Annuncio • Nov 01
Lumentum Holdings Inc. (NasdaqGS:LITE) entered into an agreement to acquire Cloud Light Technology Limited for $750 million. Lumentum Holdings Inc. (NasdaqGS:LITE) entered into an agreement to acquire Cloud Light Technology Limited for $750 million on October 29, 2023. Lumentum intends to finance the transaction through cash from its balance sheet. Cloud Light reported revenues of more than $200 million for the last twelve months. The respective boards of directors of Lumentum and Cloud Light have unanimously approved the transaction. Cloud Light’s shareholders have unanimously approved the transaction. Completion is subject to certain required regulatory approvals, including the expiration or termination of the waiting period under the United States Hart-Scott-Rodino Antitrust Improvements act, requisite shareholder approval, execution of Key Employee Agreements. The transaction is expected to close by the end of calendar 2023. Acquisition expected to be immediately accretive to non-GAAP earnings per share and to more than double Lumentum’s cloud intra-data center infrastructure revenue in the 12-month period following the transaction close. BofA Securities, Inc. acted as financial advisor while Rob Ishii & Rich Mullen of Wilson Sonsini Goodrich & Rosati, P.C. acted as legal advisors for Wilson Sonsini Goodrich & Rosati, P.C. Chris Rose and Andrew P. Rocks of Morgan, Lewis & Bockius LLP acted as legal advisors for Cloud Light. Annuncio • Oct 19
Lumentum Holdings Inc. to Report Q1, 2024 Results on Nov 08, 2023 Lumentum Holdings Inc. announced that they will report Q1, 2024 results Pre-Market on Nov 08, 2023 Annuncio • Sep 23
Lumentum Holdings Inc., Annual General Meeting, Nov 17, 2023 Lumentum Holdings Inc., Annual General Meeting, Nov 17, 2023, at 08:00 Pacific Standard Time. Agenda: To consider and approve election of nine directors, to serve until 2024 Annual Meeting of stockholders and until their successors are duly elected and qualified; to consider the approval, on a non-binding, advisory basis, of the compensation of named executive officers; to consider the approval, on a non-binding, advisory basis, of the frequency of future advisory votes approving the compensation of named executive officers. Annuncio • Jul 29
Lumentum Holdings Inc. to Report Q4, 2023 Results on Aug 17, 2023 Lumentum Holdings Inc. announced that they will report Q4, 2023 results Pre-Market on Aug 17, 2023 Annuncio • May 10
Lumentum Holdings Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 Lumentum Holdings Inc. provided earnings guidance for the fourth quarter of 2023. For the quarter, the company expects Net revenue in the range of $350 million to $380 million. Reported Earnings • Feb 10
Second quarter 2023 earnings released: US$0.46 loss per share (vs US$0.78 profit in 2Q 2022) Second quarter 2023 results: US$0.46 loss per share (down from US$0.78 profit in 2Q 2022). Revenue: US$506.0m (up 13% from 2Q 2022). Net loss: US$31.7m (down 156% from profit in 2Q 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Global Communications industry. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Annuncio • Feb 10
Lumentum Holdings Inc. Provides Earnings Guidance for the Third Quarter of the Fiscal Year 2023 Lumentum Holdings Inc. provided earnings guidance for the third quarter of the fiscal year 2023. For the quarter, the company expects net revenue to be in the range of $430 million to $460 million. Annuncio • Jan 31
Lumotive, Inc. and Lumentum Holdings Inc. Introduce Innovative Reference Design to Enable Faster Adoption of Next-Generation 3D Lidar Solutions Lumotive Inc. and Lumentum Holdings Inc. jointly announced the availability of the M30 Reference Design, a complete software-defined sensor implementation to enable rapid adoption of LCM-based solid-state beam steering technology. The M30 Reference Design integrates Lumotive’s LCM™ beam steering chip with Lumentum’s M52-100 multi-junction VCSEL array. The M30 Reference Design, which includes Lumotive's LCM beam steering chip and Lumentum's M52-100 multi-junction vertical cavity surface emitting laser (VCSEL) array, is available now for evaluation by select customers. Lumotive will showcase the advanced features of LCM beam steering technology at SPIE Photonics West, the premier event for optical systems designers, taking place in San Francisco from January 28 to February 2. Unlike traditional flash illumination solutions, LiDAR sensors based on LCM electronic beam steering have numerous advantages, including: Superior outdoor range performance Software-defined scan modes for increased and application-specific performance (range, field of view, frame rate, resolution) only where it matters Reduced multipath effects, resulting in better point cloud quality Optimization of illumination across the field of view in high ambient light levels and for varying levels of reflectivity Significantly improved interference mitigation from other sensors High power density in a small form factor. Early versions of the M30 Reference Design are currently being evaluated by several leading LiDAR systems developers, Tier 1 automotive suppliers, and industrial OEMs. The M30 Reference Design with enhanced performance and optimized for volume manufacturing is expected to be available by mid-2023. The solution will be demonstrated during the exhibition portion of SPIE Photonics West 2023, the world’s premier lasers, biomedical optics, and optoelectronics event, held in San Francisco. Annuncio • Jan 24
Lumentum Holdings Inc. to Report Q2, 2023 Results on Feb 09, 2023 Lumentum Holdings Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 09, 2023 Annuncio • Jan 04
Lumentum Names Caroline Pan as Senior Vice President and Chief Marketing Officer Lumentum Holdings Inc. announced the appointment of Caroline Pan as Senior Vice President and Chief Marketing Officer, reporting to Alan Lowe, President and Chief Executive Officer. Pan will be responsible for leading Strategic Marketing, Corporate Marketing and Communications, and Lumentum Ventures, a company- wide initiative to drive market expansion through breakthrough innovation. Pan is a seasoned industry executive with nearly 30 years of experience across the high-tech, industrial, and automotive sectors. Before joining Lumentum, she was the Chief Marketing Officer for Bright Machines, a venture-backed software and robotics company that provides intelligent automation solutions for discrete manufacturing. Prior to Bright Machines, Pan was a Vice President at Honeywell International, where she last led Strategy, Innovation, and Ventures for the company's $7B Safety & Productivity Solutions business. She also established Honeywell's first Corporate Marketing function and led Strategy & Marketing for their Global High Growth Regions organization. Pan also served as Global Vice President of Emerging Markets for Hewlett-Packard's PC and Printing division, and spent 11 years with Intel Corporation, where she held a variety of leadership roles in their core product groups and corporate functions. She began her career as a design engineer and product line manager at Ford Motor Company. Pan holds a Bachelor of Science degree in Mechanical Engineering from the Massachusetts Institute of Technology and an MBA from Harvard Business School. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Mex$1,123, the stock trades at a forward P/E ratio of 92x. Average forward P/E is 19x in the Communications industry globally. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,529 per share. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Mex$1,407, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Communications industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,655 per share. Recent Insider Transactions • Sep 01
VP of Finance recently sold Mex$5.2m worth of stock On the 29th of August, Matthew Sepe sold around 3k shares on-market at roughly Mex$1,726 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$10.0m more than they bought in the last 12 months. Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: US$2.79 (vs US$5.27 in FY 2021) Full year 2022 results: EPS: US$2.79 (down from US$5.27 in FY 2021). Revenue: US$1.71b (down 1.7% from FY 2021). Net income: US$198.9m (down 50% from FY 2021). Profit margin: 12% (down from 23% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 25%, compared to a 15% growth forecast for the Communications industry in Mexico. Recent Insider Transactions • Feb 19
VP of Finance recently sold Mex$4.7m worth of stock On the 17th of February, Matthew Sepe sold around 2k shares on-market at roughly Mex$2,055 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$10m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Mex$1,801, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 25x in the Communications industry globally. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,468 per share. Reported Earnings • Feb 05
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: US$0.78 (down from US$1.10 in 2Q 2021). Revenue: US$446.7m (down 6.7% from 2Q 2021). Net income: US$56.7m (down 32% from 2Q 2021). Profit margin: 13% (down from 17% in 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.3%, compared to a 13% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 26
VP of Finance recently sold Mex$5.5m worth of stock On the 23rd of August, Matthew Sepe sold around 3k shares on-market at roughly Mex$1,763 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$31m more than they bought in the last 12 months. Reported Earnings • Aug 21
Full year 2021 earnings released: EPS US$5.27 (vs US$1.79 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$1.74b (up 3.8% from FY 2020). Net income: US$397.3m (up 193% from FY 2020). Profit margin: 23% (up from 8.1% in FY 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
Third quarter 2021 earnings released: EPS US$2.98 (vs US$0.58 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$419.5m (up 4.1% from 3Q 2020). Net income: US$225.5m (up 420% from 3Q 2020). Profit margin: 54% (up from 11% in 3Q 2020). Reported Earnings • Feb 04
Second quarter 2021 earnings released: EPS US$1.10 (vs US$0.64 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$478.8m (up 4.6% from 2Q 2020). Net income: US$83.2m (up 70% from 2Q 2020). Profit margin: 17% (up from 11% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Analyst Estimate Surprise Post Earnings • Feb 04
Revenue misses expectations Revenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the Communications industry in Mexico. 
