secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001628280-24-037191
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum Q4 FY2024 net revenue $308.3M, GAAP loss $3.72/share, non-GAAP EPS $0.06
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- Net revenue $308.3M, down 16.9% YoY; full year revenue $1.36B, down 23.1% YoY.
- GAAP net loss per share $3.72 (Q4) and $8.12 (FY); non-GAAP EPS $0.06 (Q4) and $1.01 (FY).
- Cloud & Networking segment $254.7M (82.6%), down 11.1% YoY; Industrial Tech $53.6M, down 36.4% YoY.
- Cash and investments $887.0M, up $16.1M QoQ; FY2024 cash from ops $24.7M.
- CEO cited record orders for datacom chips, expects accelerated growth in CY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828024037191/0001628280-24-037191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828024037191/lite-20240814.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-037191

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