Lumentum Holdings Inc.
Lumentum Announces Fiscal Fourth Quarter and Full Year 2024 Results
Summary
Lumentum Holdings Inc. reported its fiscal fourth quarter and full year 2024 financial results on August 14, 2024. For the fiscal fourth quarter, the company reported net revenue of $308.3 million with a GAAP net loss of $252.5 million and a non-GAAP net income of $4.0 million. For the full fiscal year, net revenue was $1,359.2 million, with a GAAP net loss of $546.5 million and a non-GAAP net income of $68.7 million. The company also provided an outlook for the fiscal first quarter of 2025, expecting net revenue in the range of $315 million to $335 million and a non-GAAP operating margin of 0% to 3.0%.
Profitelligence Alerts
Get alerts for LITE
Be first to know when Lumentum Holdings Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Lumentum Holdings Inc.
Lumentum Holdings Inc. is a leading designer and manufacturer of optical and photonic products serving diverse sectors such as telecommunications, data communications, and industrial applications. The company's core offerings include cutting-edge components and modules like optical transceivers, amplifiers, and active components which facilitate the transmission of data over fiber optic networks. Additionally, Lumentum develops industrial lasers that are critical in material processing and precision manufacturing industries. Their advanced laser products are employed in various applications from semiconductor fabrication to automotive manufacturing. Established as a spin-off from JDS Uniphase Corporation in 2015, Lumentum has been instrumental in propelling the transition to high-speed data networks and supporting the backbone of modern communication infrastructures. Its innovations play a critical role in enhancing network efficiency, bandwidth, and overall optical performance, positioning the company as a vital player in the ongoing evolution of global telecommunications and industrial technologies.
Official SEC Documents
Advertisement