Lumentum Holdings Inc.
Lumentum Reports Fiscal First Quarter 2025 Financial Results
Summary
Lumentum Holdings Inc. reported its fiscal first quarter 2025 financial results on November 7, 2024. The company achieved net revenue of $336.9 million, surpassing its guidance, with a GAAP net loss of $82.4 million and a non-GAAP net income of $12.2 million. Non-GAAP gross margin and operating margin were 32.8% and 3.0%, respectively. The company's cloud and networking segment contributed significantly to the revenue with orders from multiple customers, including an AI infrastructure customer. The press release and related financial details are furnished as Exhibit 99.1.
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Exhibits (1)
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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
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