Lumentum (NASDAQ:LITE – Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.300-0.40 for the period, compared to the consensus earnings per share estimate of 0.270. The company issued revenue guidance of $380.0 million-$400.0 million, compared to the consensus revenue estimate of $354.3 million. Lumentum also updated its Q2 guidance to $0.30-$0.40 EPS.
Lumentum Stock Performance
Shares of NASDAQ LITE traded up $10.21 during trading on Friday, reaching $83.85. The company had a trading volume of 7,369,004 shares, compared to its average volume of 1,575,176. The company has a debt-to-equity ratio of 2.61, a quick ratio of 4.43 and a current ratio of 5.90. Lumentum has a twelve month low of $38.28 and a twelve month high of $88.00. The stock has a 50-day moving average price of $63.25 and a two-hundred day moving average price of $54.07.
Lumentum (NASDAQ:LITE – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.03. The business had revenue of $308.30 million for the quarter, compared to the consensus estimate of $301.36 million. Lumentum had a negative net margin of 40.70% and a negative return on equity of 6.43%. The company’s quarterly revenue was down 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Research analysts expect that Lumentum will post 0.17 EPS for the current year.
Wall Street Analyst Weigh In
View Our Latest Analysis on LITE
About Lumentum
Lumentum Holdings Inc manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.
Featured Stories
- Five stocks we like better than Lumentum
- What to Know About Investing in Penny Stocks
- California Resources Stock Could Be a Huge Long-Term Winner
- Quiet Period Expirations Explained
- Observability Wars: Datadog and Dynatrace Vie for Data Dominance
- Ride Out The Recession With These Dividend KingsĀ
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
Receive News & Ratings for Lumentum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumentum and related companies with MarketBeat.com's FREE daily email newsletter.