Feb. 3 at 10:00 PM
$LITE Lumentum reports Q2 EPS
$1.67, consensus
$1.41
Reports Q2 revenue
$665.5M, consensus
$652.1M. "Lumentum delivered a standout second quarter, with over 65 percent year-over-year revenue growth and non-GAAP operating margin expansion above 1,700 basis points," said President and CEO Michael Hurlston. "Revenue hit the high end of our guidance range, while profitability and EPS expanded well beyond prior guidance, demonstrating the leverage of our business model.
Our forward guidance calls for over 85 percent year-over-year revenue growth, yet we are only at the starting line for two substantial opportunities: optical circuit switches and co-packaged optics. In OCS, we are scaling rapidly to meet extraordinary customer demand that has already driven our backlog well beyond
$400 million. In CPO, we received an incremental multi-hundred-million-dollar order, deliverable in first half calendar 2027. Our results continue to highlight the strength of our roadmaps for both optical components and systems, which make us mission-critical to the world's AI leaders."
