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Lumentum Holdings Inc (LITE.OQ)

LITE.OQ on NASDAQ Stock Exchange Global Select Market

42.22USD
18 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Lumentum Announces Completion Of Oclaro Acquisition
Monday, 10 Dec 2018 09:15am EST 

Dec 10 (Reuters) - Lumentum Holdings Inc ::LUMENTUM ANNOUNCES COMPLETION OF OCLARO ACQUISITION.LUMENTUM HOLDINGS INC - IS NOT UPDATING ANY PREVIOUSLY PROVIDED GUIDANCE FOR FISCAL Q2 2019 RESULTS TO INCORPORATE IMPACT OF OCLARO ACQUISITION.  Full Article

Oclaro - Upon Deal Termination Under Certain Circumstances, Co May Be Required To Pay Lumentum Fee Of $63 Mln/Lumentum To Pay Co Fee Of $80 Mln
Monday, 12 Mar 2018 06:28am EDT 

March 12 (Reuters) - Lumentum Holdings Inc ::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.  Full Article

Lumentum To Acquire Oclaro For $1.8 Bln In Cash And Stock
Monday, 12 Mar 2018 06:00am EDT 

March 12 (Reuters) - Oclaro Inc ::LUMENTUM TO ACQUIRE OCLARO FOR $1.8B IN CASH AND STOCK.OCLARO INC - ‍ESTIMATE MORE THAN $60 MILLION IN ANNUAL RUN-RATE SYNERGIES WITHIN 12 TO 24 MONTHS​ AFTER DEAL.OCLARO INC - DEAL FOR AT $9.99 PER SHARE OR APPROXIMATELY $1.8 BILLION IN EQUITY VALUE.OCLARO INC - OCLARO STOCKHOLDERS WILL BE ENTITLED TO RECEIVE $5.60 IN CASH AND 0.0636 OF A SHARE OF LUMENTUM COMMON STOCK.OCLARO INC - DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP EARNINGS PER SHARE IMMEDIATELY AFTER CLOSING​.OCLARO INC - ‍LUMENTUM INTENDS TO FUND CASH CONSIDERATION WITH A COMBINATION OF CASH ON HAND FROM COMBINED COMPANIES' BALANCE SHEETS, AMONG OTHERS​.OCLARO INC - ‍ ONE MEMBER OF OCLARO'S BOARD AS MUTUALLY DETERMINED, WILL JOIN LUMENTUM'S BOARD UPON CLOSING OF DEAL​.OCLARO INC - ‍LUMENTUM INTENDS TO FUND CASH CONSIDERATION OF DEAL ALSO WITH $550 MILLION IN DEBT FINANCING​.OCLARO INC - ‍ OCLARO STOCKHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 16% OF COMBINED COMPANY AT CLOSING OF DEAL​.  Full Article

Lumentum announces Q1 gaap earnings per share $0.11
Wednesday, 1 Nov 2017 08:00am EDT 

Nov 1 (Reuters) - Lumentum Holdings Inc :Lumentum announces fiscal first quarter 2018 results.Q1 Non-GAAP earnings per share $0.43.Q1 GAAP earnings per share $0.11.Q1 revenue $243.2 million versus I/B/E/S view $255.1 million.Q1 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Sees Q2 2018 Non-GAAP earnings per share $1.05 to $1.25.Sees Q2 2018 revenue $345 million to $375 million.Lumentum Holdings Inc sees ‍ Q2 Non-GAAP operating margin of 21.0% to 23.0%​.Q2 earnings per share view $1.00, revenue view $345.9 million -- Thomson Reuters I/B/E/S.  Full Article

Lumentum Holdings reports Q4 gaap loss per share $0.90
Wednesday, 9 Aug 2017 08:00am EDT 

Aug 9 (Reuters) - Lumentum Holdings Inc :Lumentum announces fiscal fourth quarter and full year 2017 results.Q4 non-gaap earnings per share $0.39.Q4 gaap loss per share $0.90.Q4 revenue $222.7 million versus I/B/E/S view $229.3 million.Q4 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Sees Q1 2018 non-gaap earnings per share $0.50 to $0.60.Sees Q1 2018 revenue $245 million to $265 million.Sees Q1 non-gaap operating margin to be 13.0% to 15.0%,.Q1 earnings per share view $0.55, revenue view $270.2 million -- Thomson Reuters I/B/E/S.  Full Article

Lumentum Holdings Q3 non-GAAP earnings per share $0.49
Thursday, 4 May 2017 08:00am EDT 

May 4 (Reuters) - Lumentum Holdings Inc :Lumentum announces fiscal third quarter 2017 results.Q3 non-gaap earnings per share $0.49.Q3 gaap loss per share $0.92.Q3 revenue $255.8 million versus i/b/e/s view $257.4 million.Q3 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.Sees q4 2017 non-gaap earnings per share $0.30 to $0.40.Sees q4 2017 revenue $220 million to $235 million.Q4 earnings per share view $0.55, revenue view $273.1 million -- Thomson Reuters I/B/E/S.  Full Article

Lumentum Holdings Inc announces pricing of $400 million convertible notes offering
Friday, 3 Mar 2017 08:18am EST 

Lumentum Holdings Inc : Lumentum Holdings Inc announces pricing of $400 million convertible notes offering . Lumentum - pricing of $400 million aggregate principal amount of convertible senior notes due 2024 . Lumentum - size of offering was increased from previously announced $350 million in aggregate principal amount . Lumentum - notes will bear interest at a rate of 0.250% per year .Lumentum - notes will mature on march 15, 2024, unless earlier repurchased or converted.  Full Article

Lumentum Holdings announces $350 mln convertible notes offering
Thursday, 2 Mar 2017 06:45am EST 

Lumentum Holdings Inc : Announces $350 million convertible notes offering . Lumentum Holdings - Also expects to grant initial purchasers of notes 30-day option to purchase up to additional $52.5 million aggregate principal amount of notes . Lumentum Holdings Inc - Intention to offer $350 million aggregate principal amount of convertible senior notes due in 2024 .Lumentum Holdings Inc - Intends to use net proceeds of offering for capital expenditures, manufacturing capacity expansion.  Full Article

Lumentum Holdings reports Q2 GAAP earnings per share $0.19
Tuesday, 7 Feb 2017 04:05pm EST 

Lumentum Holdings Inc : Lumentum announces fiscal second quarter 2017 results . Q2 non-GAAP earnings per share $0.57 . Q2 GAAP earnings per share $0.19 . Q2 revenue $265 million versus I/B/E/S view $265.5 million . Sees Q3 2017 non-GAAP earnings per share $0.46 to $0.54 . Sees Q3 2017 revenue $250 million to $265 million . Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S .Q3 earnings per share view $0.47, revenue view $264.5 million -- Thomson Reuters I/B/E/S.  Full Article

Deals of the day-Mergers and acquisitions

Dec 6 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: