Lumentum Holdings Inc. reported fiscal third quarter ended March 28, 2026 results: revenue $808.4 million, net income $144.2 million, or $1.50 per diluted share, EPS $1.50 per diluted share.
“set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- NEWS RELEASE LUMENTUM ANNOUNCES THIRD QUARTER OF FISCAL YEAR 2026 FINANCIAL RESULTS • Net revenue of $808.4 million • GAAP gross margin of 44.2%; Non-GAAP gross margin of 47.9% • GAAP operating margin of 21.6%; Non-GAAP operating margin of 32.2% • GAAP diluted net income per share of $1.50;”
Governance Changes
Lumentum Holdings Inc.: Filed Certificate of Designation to create Series A Preferred Stock (effective 2026-03-02).
“On March 2, 2026, the Company filed a Certificate of Designation with the Secretary of State of the State of Delaware (the “Certificate of Designation”) in connection with the Transaction.”
Debt Financings
Lumentum Holdings Inc. incurred revolving credit of $400.0 million with Wells Fargo Bank, National Association (as administrative agent) at base rate plus an applicable margin ranging from 0.50% to 1.50%, or a term SOFR maturing December 19, 2030.
“The Credit Agreement provides for a senior secured revolving credit facility in an aggregate principal amount of $400.0 million, including a $23.0 million sublimit for the issuance of letters of credit.”
Debt Financings
Lumentum Holdings Inc. incurred convertible notes of $1.265 billion with U.S. Bank Trust Company, National Association at 0.375% maturing March 15, 2032.
“On September 8, 2025, Lumentum Holdings Inc. (the “Company”) issued $1.265 billion in aggregate principal amount of its 0.375% Convertible Senior Notes due 2032 (the “Notes”) pursuant to an indenture (the “Indenture”), dated September 8, 2025, by and between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Michael Hurlston was appointed as Director at Lumentum Holdings Inc..
“Mr. Hurlston has also been appointed to the Board effective as of 12:00 a.m. Pacific Time on February 7, 2025.”
Michael Hurlston was appointed as President and Chief Executive Officer at Lumentum Holdings Inc..
“the Board had appointed Michael Hurlston as President and Chief Executive Officer of the Company, effective as of 12:00 a.m. Pacific Time on February 7, 2025.”
Alan Lowe departed as President and Chief Executive Officer at Lumentum Holdings Inc..
“Mr. Hurlston will succeed Alan Lowe, the Company’s President and Chief Executive Officer, who is stepping down as President and CEO effective as of immediately prior to 12:00 a.m. Pacific Time on February 7, 2025.”
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.
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.