Lumentum Holdings Inc ( (LITE) ) has released its Q3 earnings. Here is a breakdown of the information Lumentum Holdings Inc presented to its investors.
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Lumentum Holdings Inc., headquartered in San Jose, California, is a leading designer and manufacturer of optical and photonic products that enable optical networking and laser applications worldwide, serving sectors such as telecom, enterprise, and data centers.
In its fiscal third quarter of 2025, Lumentum reported a net revenue of $425.2 million, surpassing its previous quarter’s revenue and showing a significant year-over-year increase. Despite the ongoing macroeconomic challenges, the company has managed to exceed its guidance for both revenue and earnings per share, driven by strong demand from cloud customers and a recovering networking market.
Key financial metrics from the quarter include a GAAP gross margin of 28.8% and a non-GAAP gross margin of 35.2%. The company reported a GAAP operating loss of 8.9% but achieved a non-GAAP operating margin of 10.8%. Lumentum’s non-GAAP net income was $40.9 million, or $0.57 per diluted share, reflecting a substantial improvement from the previous year.
Looking ahead, Lumentum’s management remains optimistic about continued growth, particularly in AI-driven cloud markets. The company expects net revenue for the fiscal fourth quarter of 2025 to range between $440 million and $470 million, with a non-GAAP operating margin of 13.0% to 14.0% and non-GAAP diluted earnings per share between $0.70 and $0.80.