69.81 +0.01 (0.01%)
After hours: 4:44PM EDT
|Bid||69.50 x 100|
|Ask||72.95 x 500|
|Day's Range||69.10 - 71.45|
|52 Week Range||40.35 - 74.40|
|PE Ratio (TTM)||43.35|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||80.69|
NEW ORLEANS , March 19, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed ...
Finisar continues to be the consensus bet for a company in the optical-fiber sector to make acquisitions, experts say.
NEW YORK , March 13, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Oclaro, Inc. ("OCLR" or the ...
Live Demonstrations Of Both QSFP-DD FR4 And OSFP FR4 Modules MILPITAS, Calif. , and SAN DIEGO , March 13, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") will showcase its high-speed ...
Canada Goose is one among a decent number of new IPOs flourishing in the current stock market uptrend.
Live 100G Single Lambda and 400G Demonstrations for Next-Generation Data Center Applications MILPITAS, Calif. , and SAN DIEGO , March 13, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") ...
One analyst believes the $1.8 billion deal may spark an era of consolidation in the field of fiber-optic communications.
To Discuss Next-Gen Optical Networks, and Optical Industry MILPITAS, Calif. and SAN DIEGO , March 12, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") thought leaders will discuss the ...
Lumentum Holdings (LITE) this morning said it will purchase Oclaro (OCLR) for $9.99 per share in cash and stock, including $5.60 a share and 0.0636 of a share of Lumentum for each Oclaro share. Oclaro stock is up $2.16, or 27%, at $10.01, Lumentum is up $3.59, or 5%, at $72.55, and Finisar (FNSR), Lumentum’s biggest competitor, is up $1.18, or 6%, at $20.49, a reprieve from a rough week of earnings news and downgrades last week. Acacia Communications (ACIA) is up $2.64, or 6%, at $44.87, and NeoPhotonics (NPTN) is up 52 cents, over 7%, at $7.69. One of the only down names is Fabrinet (FN), down $1.26, or almost 4%, at $32.58.
Lumentum Holdings (LITE) this morning said it will purchase Oclaro (OCLR) for $9.99 per share in cash and stock, including $5.60 a share and 0.0636 of a share of Lumentum for each Oclaro share. Seems consolidation is something everyone likes: Oclaro stock is up $2.15, or 27%, at $10. Lumentum is up $5.38, or 8%, at $74.35.
SAN JOSE, Calif. , March 12, 2018 /PRNewswire/ -- With the signing of a definitive agreement by Lumentum (NASDAQ: LITE) to acquire Oclaro, Inc. (NASDAQ: OCLR) that was announced earlier today, Oclaro has ...
SAN DIEGO and MILPITAS, Calif. , March 12, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") will host an analyst and investor session at the 2018 Optical Fiber Conference ( OFC ) in San ...
Shares of Oclaro Inc. soared 23% in premarket trade Monday after the optical components company agreed to be acquired by Lumentum Holdings Inc. in a deal valued at $1.8 billion. Under terms of the deal, ...
MILPITAS, Calif., and SAN JOSE, Calif., March 12, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company"), a leading provider of photonics products for optical networking and lasers for industrial and consumer markets, and Oclaro, Inc. ("Oclaro"), a leader in optical components and modules for the long-haul, metro, and data center markets, today announced that the two companies have signed a definitive agreement, unanimously approved by the boards of directors of both companies, pursuant to which Lumentum will acquire all of the outstanding common stock of Oclaro. For each share of Oclaro stock held, Oclaro stockholders will be entitled to receive $5.60 in cash and 0.0636 of a share of Lumentum common stock, subject to the terms of the definitive agreement.
Finisar earnings call commentary signaled that Apple's new iPhones later this year will have more 3D sensors, an analyst said.
President Trump will meet with North Korea's Kim Jong Un, citing "great progress." The S&P 500 is approaching a key technical level.
Shares of fiber-optic component maker Finisar (FNSR) are down $1.30, or over 6%, at $18.92, in late trading, after the company this afternoon reported fiscal Q3 revenue and profit that slightly missed analysts’ expectations, and forecast this quarter’s results below consensus, saying its sales continue to be suppressed by weaker buying among telecom operators. Analysts had, on average, been modeling $333 million in revenue and 23 cents per share in earnings.
NEW YORK, March 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
In advance of the Optical Networking and Communication conference taking place next week in San Diego, California, Needham & Co.’s Alex Henderson today reiterates a Strong Buy rating on shares of Lumentum Holdings (LITE), and an $80 price target, after visiting with the company and coming away encouraged on several fronts, especially the market for “3-D sensing,” the technology making possible augmented reality. Henderson writes that he learned of good trends in several parts of the business, with “pump laser demand slightly outstripping supply,” and “industrial lasers strong with good visibility Ito the back half." For the China market, a source of concern for all optical vendors the past year or more, there’s the makings of a “normalization” this year, and parts of Lumentum’s business such as pump lasers and “reconfigurable add-drop multiplexers,” or ROADMs, may be bouncing back faster than things such as tunable lasers, he learned.
Stock Monitor: EchoStar Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 05, 2018 / Active-Investors.com has just released a free earnings report on Lumentum Holdings Inc. (NASDAQ: LITE ) ("Lumentum"). ...
Here are some some things going on today in your world of tech: Just a few hours before the close of the Mobile World Congress in Barcelona, the sun finally came out. Shares of cloud computing pioneer Box (BOX) are down $4.27, or almost 18%, at $19.79, compounding last night's after-hours losses, after the company yesterday afternoon reported fiscal Q4 results that beat, but missed with its forecast for the quarter and the year. CEO and co-founder Aaron Levie told Barron’s that the "leading indicators” — things such as number of large deals signed last quarter — indicate the company can "re-acclerate” its revenue growth.