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The Latest Breaking News from Lumentum

Lumentum Invests Big In Thailand To Fuel AI Chip Future

Lumentum Holdings (NASDAQ:LITE) announced plans to invest 2.3 billion baht ($70.3 million) to expand its production capacity in Thailand. The U.S. supplier of optical and photonic products aimed to manufacture chips that support the development of artificial intelligence.

Jim Cramer: Ring The Register On This Real Estate 'Meme' Stock

Jim Cramer: Ring The Register On This Real Estate 'Meme' Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended ringing the register on Opendoor Technologies Inc. (NASDAQ:OPEN). “We don't want to be in a meme stock,” he added.

Lumentum Analysts Boost Their Forecasts Following Upbeat Q2 Results

Lumentum Analysts Boost Their Forecasts Following Upbeat Q2 Results

Lumentum Holdings Inc. (NASDAQ:LITE) reported better-than-expected earnings for the fourth quarter on Tuesday.

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This CF Industries Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Lumentum Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Lumentum Holdings Inc. (NASDAQ:LITE) will release earnings results for the fourth quarter, after the closing bell on Tuesday, Aug. 12.

Up 99% in the Past Year, How High Can This Growth Stock Rise?

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

Where Will Lumentum Stock Be in 1 Year?

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.

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1 Overlooked AI Data Center Stock to Buy for a Breakout Year in 2025

1 Overlooked AI Data Center Stock to Buy for a Breakout Year in 2025

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

3 AI Stocks to Scoop Up Instead of Nvidia

3 AI Stocks to Scoop Up Instead of Nvidia

After Nvidia's latest earnings report, these AI stocks could be set for significant growth as data center revenue surges.

Why Lumentum Shares Are Trading Higher Today

Why Lumentum Shares Are Trading Higher Today

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 Shares Dip On Weak Q3 Outlook; Tops Q2 Consensus; Margins Shrink Due To Supply Crisis

Lumentum Shares Dip On Weak Q3 Outlook; Tops Q2 Consensus; Margins Shrink Due To Supply Crisis

Lumentum Holdings Inc (NASDAQ:LITE) reported second-quarter FY22 revenue of $446.7 million, down 6.7% year-on-year, beating the consensus of $445.5 million. Optical Communications revenue declined 11.5% Y/Y to $397.4 million, and Lasers revenue rose 66% Y/Y to $49.3 million. The non-GAAP gross margin contracted 240 bps to 51%. The non-GAAP operating margin compressed 380…

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