Lumentum Holdings shares surged about 8% in premarket trading on Wednesday after the photonics products maker delivered stronger-than-expected quarterly results and issued an upbeat revenue forecast, underscoring the growing role of optical networking in the artificial intelligence infrastructure boom. Lumentum reported fourth-quarter revenue of $1.01 billion, comfortably ahead of analysts' con...
The optical networking company reports better-than-expected earnings and revenue for its fiscal fourth quarter.
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.
Lumentum reported fiscal Q4 earnings and revenue that topped estimates while fiscal Q1 2027 guidance came in slightly above views.
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal fourth quarter and full fiscal year ended June 27, 2026. “Lumentum is positioned at the heart of a secular industry shift. As AI compute workloads increase in both speed and bandwidth, data center architects are turning to optical links as a primary means of connectivity...
Stock futures are pointing slightly higher after a sluggish start to the week, as investors await the release of several AI-related earnings reports after the closing bell; oil prices are wavering as hopes of an Iran deal have faded; Intel raised its stock offering to $20 billion from $15 billion; shares of Riot Platforms are soaring after the crypto miner-turned cloud computing firm inked a bi...
The optical sector has heated up again ahead of earnings, judging in part by a new ETF that's exciting investors.