M&A
confidence high
sentiment neutral
materiality 0.60
Lumentum files amended 8-K with Cloud Light's audited FY2023 revenue of HK$1.417B and profit of HK$106M
Lumentum Holdings Inc.
- Cloud Light FY2023 revenue HK$1.417B, net profit HK$106M, total equity HK$1.170B as of March 31, 2023.
- Auditor KPMG issued qualified opinion due to omission of IFRS-required comparative financial information.
- Unaudited pro forma condensed combined financial information as of July 1, 2023 provided in Exhibit 99.3.
- Acquisition of Cloud Light completed on November 7, 2023; this amendment supplies required financial statements.