secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001628280-22-001736
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum Q2 FY2022 revenue $446.7M down 6.7% YoY; supply shortages hurt Q3 guidance by >$65M
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- GAAP diluted EPS $0.75; Non-GAAP diluted EPS $1.60 vs $1.79 Q1 and $1.85 year ago.
- Revenue $446.7M, down 0.4% Q/Q and 6.7% Y/Y; Optical Communications segment $397.4M (-11.5% Y/Y).
- Lasers segment revenue $49.3M, up 66% Y/Y, driven by strong demand across product lines.
- CEO: Q3 revenue guidance impacted by >$65M in supply shortages; expects Q4 sequential improvement.
- Cash and short-term investments $2.02B; operating cash flow $206.5M; share repurchases $29.9M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828022001736/0001628280-22-001736-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828022001736/lite-20220203.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-001736

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer