{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-029741","form_type":"8-K","ticker":"LITE","cik":"0001633978","company_name":"Lumentum Holdings Inc.","filed_at":"2023-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.629061+00:00","generated_at":"2026-06-11T07:44:10.623946+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lumentum Q4 FY2023 revenue $370.8M, GAAP EPS -$0.88, non-GAAP EPS $0.59; inventory correction continues","bullets":["Net revenue $370.8M, down 12.2% YoY; GAAP net loss $60.2M (-$0.88/diluted) vs prior year profit.","Non-GAAP EPS $0.59, down from $1.47 YoY; non-GAAP operating margin 9.1% vs 28.8% YoY.","Optical Communications segment $320.5M (-13.6% YoY); Lasers $50.3M (-1.8% YoY).","Issued $603.7M convertible notes due 2029; used $132.8M to repurchase 2024 notes and $125M for stock buyback.","CEO guided Telecom and Datacom growth in CY2024 but inventory correction to continue through CY2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-029741","json":"https://secwatch.observer/filing/0001628280-23-029741.json","markdown":"https://secwatch.observer/filing/0001628280-23-029741.md","text":"https://secwatch.observer/filing/0001628280-23-029741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633978/000162828023029741/0001628280-23-029741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633978/000162828023029741/lite-20230817.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T07:44:10.623946+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"573e68be07396a6d2b74cdab54ce18942ae42801","claim":"Lumentum Holdings Inc. reported full year ended July 1, 2023 results: revenue $1,767.0 million, EPS $1.93 per diluted share.","evidence_excerpt":"Net revenue for fiscal year 2023 was $1,767.0 million, with GAAP net loss of $131.6 million, or $1.93 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000162828023029741/0001628280-23-029741-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended July 1, 2023"},{"label":"Revenue","value":"$1,767.0 million"},{"label":"EPS","value":"$1.93 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"eaae3233dcffb11e2d639258cd81a14c960fb954","claim":"Lumentum Holdings Inc. reported its fiscal fourth quarter ended July 1, 2023 results: revenue $370.8 million, EPS $0.88 per diluted share.","evidence_excerpt":"Net revenue for the fiscal fourth quarter of 2023 was $370.8 million, with GAAP net loss of $60.2 million, or $0.88 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000162828023029741/0001628280-23-029741-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its fiscal fourth quarter ended July 1, 2023"},{"label":"Revenue","value":"$370.8 million"},{"label":"EPS","value":"$0.88 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}