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Lumentum Holdings Inc. (NASDAQ:LITE) reported better-than-expected earnings for the fourth quarter on Tuesday.

Lumentum Holdings Inc. (NASDAQ:LITE) will release earnings results for the fourth quarter, after the closing bell on Tuesday, Aug. 12.

This overlooked AI infrastructure stock is outperforming the market, and is expected to be profitable by FY 2025.

Lumentum Holdings Inc (NASDAQ:LITE) reported third-quarter FY22 revenue of $395.4 million, down 5.7% year-on-year, in line with the consensus. Optical Communications revenue declined 11.3% Y/Y to $344.2 million, and Lasers revenue rose 62% Y/Y to $51.2 million. Margins: The non-GAAP gross margin contracted 40 bps to 49.5%. The non-GAAP operating margin compressed 140 bps…

  Lumentum Holdings (NASDAQ:LITE) reported its Q3 earnings results on Wednesday, May 4, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

New for 2022, X-Lite brings a new edition for the X803 RS called “Iridium,” which sees a special iridium reflective lens added to the racing lid’s package.

Lumentum Holdings (NASDAQ:LITE) has observed the following analyst ratings within the last quarter:

Augmented Reality (AR) is now being applied in various technological devices and solutions for a heightened experience. The market is expected to grow rapidly, bolstered by technologies such as 5G. Hence, the AR stocks Lumentum (LITE) and Himax (HIMX) might be sound bets in the expanding market.

Pulled from Benzinga Pro data, Lumentum Holdings (NASDAQ:LITE) posted Q2 earnings of $56.70 million, an increase from Q1 of 30.43%. Sales dropped to $446.70 million, a 0.38% decrease between quarters.