- Q1 gaap EPS: $3.54
- Q1 non-gaap EPS: $4.57
- Q1 GAAP gross margin: 51.0%
Lumentum reported fiscal Q1 net revenue of $1.26 billion, up 25.5% sequentially, with non-GAAP EPS of $4.57. The company guided Q2 revenue to $1.575-$1.625 billion and non-GAAP EPS of $5.90-$6.20, citing strong demand in pump lasers and optical circuit switches.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.