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Thursday, August 8, 2019

=Lumentum (LITE) reported earnings on Thur 8 Aug 2019 (b/o)

Lumentum beats by $0.20, beats on revs; guides Q1 EPS above consensus, revs in-line
  • Reports Q4 (Jun) earnings of $0.92 per share, excluding non-recurring items, $0.20 better thanthe S&P Capital IQ Consensus of $0.72; revenues rose 34.4% year/year to $404.6 mln vs the $383.54 mln S&P Capital IQ Consensus.
  • Non-GAAP operating margin of 22.5% to 24.5%.
  • Co issues guidancefor Q1, sees EPS of $1.12-1.26, excluding non-recurring items, vs. $1.11 S&P Capital IQ Consensus; sees Q1 revs of $435-455 mln vs. $439.80 mln S&P Capital IQ Consensus.

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