Here are some of the top news headlines about Lumentum Holdings (LITE) stock:
Lumentum Holdings Reports Q3 Earnings Beat, Revenue Miss Lumentum Holdings CEO Sees 'Strong' Growth in 2023 Analysts Upgrade Lumentum Holdings Stock on 'Attractive' Valuation Lumentum Holdings Stock Up 10% on Strong Q3 Earnings Lumentum Holdings Announces Acquisition of NeoPhotonics For more news about Lumentum Holdings stock, please visit your favorite news source.
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Lumentum Holdings Reports Q3 Earnings Beat, Revenue Miss Lumentum Holdings reported earnings of $0.37 per share on revenue of $431 million for the third quarter of fiscal 2023. Both earnings and revenue beat analyst expectations. The company's guidance for the fourth quarter and full year of fiscal 2023 was also above analyst expectations.
Lumentum Holdings CEO Sees 'Strong' Growth in 2023 Lumentum Holdings CEO Jeff Healey said that he sees "strong" growth in the company's business in 2023. Healey said that the company is seeing strong demand for its products from customers in the telecommunications, data center, and industrial markets.
Analysts Upgrade Lumentum Holdings Stock on 'Attractive' Valuation