56.80 -2.60 (-4.38%)
Pre-Market: 8:29AM EDT
|Bid||56.70 x 900|
|Ask||57.00 x 800|
|Day's Range||59.20 - 60.80|
|52 Week Range||41.95 - 74.40|
|PE Ratio (TTM)||24.21|
|Earnings Date||Aug 7, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||81.60|
NEW YORK, June 26, 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 ...
On Monday, June 25, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Seven out of nine sectors ended Monday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Communication Equipment equities this morning: Knowles Corp. (NYSE: KN), Lumentum Holdings Inc. (NASDAQ: LITE), Mitel Networks Corp. (NASDAQ: MITL), and Motorola Solutions Inc. (NYSE: MSI).
Stocks with market capitalization between $2B and $10B, such as Lumentum Holdings Inc (NASDAQ:LITE) with a size of US$3.63b, do not attract as much attention from the investing community asRead More...
By revenue, chipmakers face the greatest risks in escalating trade tensions with Beijing, according to Morgan Stanley.
Ryan McQueeney recaps an action-packed weekend at the G-7 conference and prepares investors for what is to come this week as President Trump gears up to meet North Korean leader Kim Jung Un. Later, he discusses the near-term outlook for Applied Optoelectronics (AAOI).
Shares of Lumentum Holdings Inc. are down 2.6% in premarket trading after the optical-equpiment company announced that its chief financial officer would be leaving the company, but Needham analyst Alex Henderson is upbeat about the transition. "As Lumentum becomes a much larger company the skills required call for a more seasoned CFO with large company experiences and merger skills," he wrote. "We think this is a move from a position of strength and indicative of the strong trajectory of Lumentum," Henderson said.
Shares of Acacia Communications, Lumentum Holdings and other optical-component makers climbed Thursday as the U.S. moved to lift sanctions on Chinese telecom gear maker ZTE.
Shares of fiber-optic component vendor Lumentum Holdings (LITE) are down 15 cents at $60.95, in late trading, after the company this afternoon said its CFO, Aaron Tachibana, has stepped wont to “pursue other interests,” and will be replaced on an interim basis by the company’s head of corporate development, Chris Coldren. Tachibana’s departure is “not related to any financial performance, policy or control issues,” the company said. CEO Alan Lowe thanked Coldren for his “many contributions” over three years in the job, and for leaving Lumentum “in a much stronger financial position.” He lauded Coldren for “playing a central role on my leadership team." Lumentum pans to have an executive search firm look for a permanent replacement for Tachibana.
LONDON, UK / ACCESSWIRE / June 4, 2018 / If you want access to our free earnings report on Lumentum Holdings Inc. (NASDAQ: LITE), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=LITE. Lumentum reported its third quarter fiscal 2018 operating and financial results on May 03, 2018. Active-Investors.com is currently working on the research report for Aviat Networks, Inc. (NASDAQ: AVNW), which also belongs to the Technology sector as the Company Lumentum Holdings.
Shares in optical-component makers climbed Friday amid a report the Trump administration has hammered out a deal with China to lift sanctions barring U.S. companies from selling devices to the telecom gear maker ZTE.
PLAINVIEW, N.Y., May 22, 2018-- Veeco Instruments Inc. announced that Lumentum Holdings Inc. has ordered the Veeco K475i™ Arsenide/Phosphide Metal Organic Chemical Vapor Deposition System for production ...
Stock Research Monitor: KN, LITE, and MITL LONDON, UK / ACCESSWIRE / May 15, 2018/ If you want a free Stock Review on INFN sign up now at www.wallstequities.com/registration . For today, WallStEquities.com ...
Shares in optical component makers surged on Monday on hopes President Donald Trump would throw key customer ZTE a lifeline as worries that the U.S. and China are heading for a trade war eased.
Stock futures rose Monday morning. President Trump said he wants to help China's ZTE "get back into business," good news for U.S. optical stocks. He also said U.S.-China trade talks "will all work out."
NEW YORK, May 08, 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 ILG ...
NEW YORK, NY / ACCESSWIRE / May 3, 2018 / U.S. markets closed lower Wednesday after the Fed released a statement indicating an interest rate increase would be likely in the coming months. The Dow Jones ...
Lumentum Holdings popped after the supplier of 3D components to Apple early Wednesday reported fiscal third-quarter earnings and revenue that topped views and provided a June quarter outlook above consensus estimates.
The optical networking expert didn't miss a beat in the third quarter, and investors are looking forward to several growth catalysts in the quarters ahead.
Shares of Lumentum Holdings Inc. are up 8.7% in premarket trading Wednesday after the optoelectronics company beat earnings and revenue estimates and delivered a better-than-expected forecast for the current quarter. Net income for the company's fiscal third quarter was $204.8 million, or $3.05 a share. A year earlier, the company posted a $56 million loss, or 92 cents a share.
Fiscal Third Quarter Highlights - Lumentum achieved Net Revenue of $298.8 million - GAAP Operating margin of 8.5%; Non-GAAP Operating margin of 16.5% - GAAP diluted Net income per share of $0.04 ; Non-GAAP ...
Shares of optoelectronics company II-VI Inc. are up 5.5% in midday trading Tuesday after the company reported mixed results for its March quarter. Adjusted earnings per share rose a cent from a year earlier, to 36 cents, but came in below the FactSet consensus estimate of 38 cents. GAAP earnings per share of 45 cents beat expectations for 36 cents.