Industry Newsco packaged opticsoptical circuit switcheslumentumai infrastructure
Lumentum Reports Q2 Profit and Revenue Surge
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8.1
Lumentum Holdings reported a swing to profitability in Q2 ending December, posting a net profit of $78.2 million versus a $60.9 million loss a year earlier and revenues up 65% to $665.5 million. The stock jumped 40.87% week-on-week to an all-time high, and the company raised Q3 revenue guidance to $780–$830 million, implying 83–95% growth.
Scoring Rationale
Company-reported profit swing, large revenue beat, and bullish guidance drive score; impact limited to Lumentum's optical-infrastructure niche.
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