---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-020640"
form_type: "8-K"
ticker: "LITE"
cik: "0001633978"
company_name: "Lumentum Holdings Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:09:26.408570+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lumentum Q3 FY2024 revenue $366.5M; GAAP net loss $1.88/share, non-GAAP EPS $0.29

## Summary
- Net revenue $366.5M for Q3 FY2024 ended March 30, flat Q/Q, down 4.4% YoY from $383.4M.
- GAAP net loss $127.0M ($1.88 per share); Non-GAAP net income $19.6M ($0.29 per share).
- Cloud & Networking segment revenue $313.8M (85.6% of total), up 9.5% Q/Q and 7.1% YoY; Industrial Tech $52.7M, down 34.2% Q/Q and 41.7% YoY.
- Cash and investments $870.9M, down $353.1M sequentially after repaying $323.1M convertible notes due 2024.
- CEO notes AI-driven cloud demand surge; warns telecom inventory headwinds will persist for next few quarters.

## SEC filing metadata
- accession: 0001628280-24-020640
- form_type: 8-K
- ticker: LITE
- cik: 0001633978
- company_name: Lumentum Holdings Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633978/000162828024020640/0001628280-24-020640-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633978/000162828024020640/lite-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-020640
- JSON: https://secwatch.observer/filing/0001628280-24-020640.json
- Plain text: https://secwatch.observer/filing/0001628280-24-020640.txt

## Key facts
- Earnings Releases
  Lumentum Holdings Inc. reported fiscal third quarter ended March 30, 2024 results: revenue $366.5 million, net income GAAP net loss of $127.0 million, EPS $1.88 per diluted share.
  - Period: fiscal third quarter ended March 30, 2024
  - Revenue: $366.5 million
  - Net income: GAAP net loss of $127.0 million
  - EPS: $1.88 per diluted share
  - Result: reported results
  source text: Net revenue for the fiscal third quarter of 2024 was $366.5 million, with GAAP net loss of $127.0 million, or $1.88 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633978/000162828024020640/0001628280-24-020640-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.