Lumentum Holdings (LITE) Tops Q1 EPS by 24c, Offers Q2 Guidance
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Lumentum Announces Fiscal First Quarter 2022 Financial Results
November 4, 2021 7:31 AM EDTSAN JOSE, Calif., Nov. 4, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal first quarter ended October 2, 2021.
"Driven by strong demand, first quarter financial results were above our guidance ranges across all metrics," said Alan Lowe, President and CEO. "Our Industrial and Consumer product lines and our Commercial Lasers segment revenues were ahead of expectations which more than offset the impact of semiconductor shortages in our Telecom and Datacom product lines."
"Looking to the second quarter, demand continues to be strong, particularly in Telecom and Datacom as... More
