secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001628280-23-002866
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum Q2 FY2023: revenue $506M flat Q/Q, non-GAAP EPS $1.52 beats guidance
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- Net revenue $506.0M, essentially flat sequentially (-0.2%) and up 13.3% YoY.
- GAAP net loss $31.7M ($0.46 loss per share); non-GAAP net income $104.1M ($1.52 EPS above guidance).
- GAAP gross margin 32.8%; non-GAAP gross margin 44.9%; operating margins also above guidance.
- Optical Comms segment $448.8M (88.7% of rev); Lasers $57.2M, up 7.1% Q/Q and 16.0% YoY.
- Cash and short-term investments $1,680.4M, up $55.5M from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828023002866/0001628280-23-002866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828023002866/lite-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-002866

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