secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2022-08-16T23:59:59+00:00
Accession:  0001628280-22-022980
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum Q4 FY22 revenue $422.1M, EPS beats; guide sees smartphone headwind
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- Q4 net revenue $422.1M (+6.8% QoQ, +7.7% YoY); GAAP EPS $0.49, non-GAAP EPS $1.47, both above guidance top end.
- Full year FY22 revenue $1.71B (-1.7% YoY); GAAP EPS $2.68, non-GAAP EPS $6.05; cash from ops $459.3M.
- Optical Communications rev. $1.52B (-6.3% YoY); Lasers rev. $194.1M (+59% YoY) driven by strong demand.
- Completed NeoPhotonics acquisition Aug 3; also announced purchase of IPG's telecom transmission product lines.
- FY23 outlook: expects double-digit revenue growth despite 3D sensing normalization; $410.2M buyback remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828022022980/0001628280-22-022980-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828022022980/lite_8kxq4fy22.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-022980

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