secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001628280-23-037563
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum Q1 revenue $317.6M, GAAP loss $1.02/share, revenue down 37% YoY
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- GAAP net loss $67.9M ($1.02 diluted loss per share); Non-GAAP net income $23.4M ($0.35 diluted EPS).
- Net revenue $317.6M, down 14.3% sequentially and 37.3% year-over-year.
- Cloud & Networking segment revenue $229.7M (72% of total), down 36% YoY.
- Industrial Tech segment revenue $87.9M, down 40% YoY.
- Cash and short-term investments $1,944.3M, decreased $69.3M from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828023037563/0001628280-23-037563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828023037563/lite-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037563

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