secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001628280-24-046302
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum Q1 FY2025 revenue $336.9M beats guidance; Non-GAAP EPS $0.18; record datacom orders
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- Net revenue $336.9M (+9.3% QoQ, +6.1% YoY); GAAP EPS -$1.21, Non-GAAP EPS $0.18 beating guidance.
- Cloud & Networking revenue $282.3M (+22.9% YoY); record datacom laser chip orders including 200G EML for AI.
- Secured additional hyperscale transceiver customer; initial volume orders expected to ship in H1 2025.
- Cash & investments $916.1M (+$29.1M QoQ); Non-GAAP gross margin 32.8%, operating margin 3.0%.
- Management guides for double-digit sequential revenue growth in fiscal Q2 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828024046302/0001628280-24-046302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828024046302/lite-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-046302

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