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Lumentum Holdings Reports Q4 Adjusted Earnings Per Share Of $0.92
Lumentum - Discontinued All Shipments To Huawei Effective As Of Date Licensing Requirements Went Into Effect
Lumentum Holdings Q3 Non-GAAP Earnings Per Share $0.91
Lumentum Holdings Inc. is a provider of optical and photonic products for a range of end market applications, including data communications (Datacom) and telecommunications (Telecom) networking and commercial lasers (commercial lasers) for manufacturing, inspection and life-science applications. The Company operates in two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The Company's OpComms products include a range of components, modules and subsystems to support and maintain customers in its two primary markets: Telecom and Datacom. The Company's Lasers products serve customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining, such as drilling in printed circuit boards, wafer singulation and solar cell scribing. The Company's customers include original equipment manufacturers (OEMs).
400 N McCarthy Blvd
Penelope A. Herscher
Independent Chairman of the Board
Alan S. Lowe
President, Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
Chief Operations Officer, Executive Vice President
Executive Vice President, Global Sales and Product Line Management
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Apple Face ID parts supplier Lumentum Holdings Inc followed Google on Monday in clamping down on the business it does with Huawei Technologies, after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds.
Mobile phone parts producer Lumentum Holdings Inc on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei Technologies, following export restrictions put in place by the United States Department of Commerce.
* Major blow to Huawei's global smartphone ambitions (Adds Lumentum ban, U.S. chipmakers)
Mobile phone parts producer Lumentum Holdings Inc on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei Technologies , following export restrictions put in place by the United States Department of Commerce.
Mobile phone parts producer Lumentum Holdings Inc said on Monday it has discontinued all shipments to Huawei Technologies as it intends to fully comply with the recent United States Department of Commerce export restrictions.
Lumentum Holdings Inc said on Tuesday it expects Android smartphone makers to launch devices with facial recognition technology this year even as the Apple Inc supplier forecast slightly lower-than-expected revenue for its current quarter.
Lumentum Holdings Inc, which supplies sensors for Apple's FaceId feature, forecast third-quarter revenue below analysts' estimates hurt by slowing demand for smartphones in China.
Lumentum Holdings Inc, seen by analysts as a parts supplier for Apple Inc's Face ID technology, said on Thursday it received antitrust clearance from China for its $1.7 billion acquisition of Oclaro Inc.
Apple supplier Lumentum Holdings said on Thursday it received antitrust clearance from China for its $1.7 billion acquisition of Oclaro Inc.
* 3 analysts point to 18-20 mln iPhone shortfall (Updates share price)
British chipmaker IQE Plc warned on Monday that its current-year financial results would be lower, after fellow Apple supplier Lumentum cut its quarterly forecast, citing lower orders by a major customer.
Laser sensor maker Lumentum Holdings Inc , which supplies parts for Apple Inc's latest iPhones, slashed its second-quarter forecast on Monday, saying one of its biggest customers had requested to materially cut shipments.
Optical component maker Lumentum Holdings Inc said on Thursday Chief Financial Officer Aaron Tachibana had resigned after three years in the role.
Optical component maker Lumentum Holdings Inc said on Thursday Chief Financial Officer Aaron Tachibana had resigned, effective immediately.
Laser and optical fiber specialist Lumentum Holdings Inc <LITE.O>, seen by analysts as a parts supplier for Apple's Face ID technology, will buy optical components producer Oclaro Inc <OCLR.O> for about $1.7 billion in cash and stock.
* OCLARO INC - ESTIMATE MORE THAN $60 MILLION IN ANNUAL RUN-RATE SYNERGIES WITHIN 12 TO 24 MONTHS AFTER DEAL
* OCLARO - UPON DEAL TERMINATION UNDER CERTAIN CIRCUMSTANCES, CO MAY BE REQUIRED TO PAY LUMENTUM FEE OF $63 MILLION/LUMENTUM TO PAY CO FEE OF $80 MILLION Source text: (http://bit.ly/2Gg3toN) Further company coverage:
Laser and optical fibre supplier Lumentum Holdings Inc said on Monday it would buy optical company Oclaro Inc for $1.8 billion in cash and stock to broaden its portfolio of laser offerings.
Shares in Lumentum Holdings Inc soared 23 percent on Tuesday after the optical components maker said it shipped more than $200 million worth of 3D sensing lasers to a customer that two analysts identified as Apple Inc.
* Q2 EARNINGS PER SHARE VIEW $1.12, REVENUE VIEW $357.8 MILLION -- THOMSON REUTERS I/B/E/S
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.