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Q-Series Q391 - The latest addition to the Q-Series portfolio is a nanosecond-pulsed UV laser that delivers 1 millijoule pulse energies at up to 40 kHz. Designed for high-throughput micromachining, ...
Lumentum reported a 10% year-over-year increase in its fiscal Q2 revenue to $402 million, driven mainly by the AI-powered demand for its components in the cloud and networking business.
Currently, Lumentum is a Zacks Rank #3 (Hold) in the Lasers Systems and Components industry that ranks in the Bottom 8% of our Zacks Industry Rank. Over the last 60 days, ...
It wasn't Apple, which uses Lumentum's laser components for 3D sensing in the iPhone -- and accounts for 29% of its revenue. Rather, it was Lumentum's other top customer, Ciena (CIEN 5.50%).
Lumentum LITE, known for its laser technologies and applications, has been demonstrating remarkable momentum with its shares surging 70.4% in the past six months, outperforming the broader Zacks ...
Lumentum says that it is making “meaningful progress” in alleviating shortages of key components in the supply chain, and that it will boost research and development spending as it positions the ...
Lumentum (LITE) raised guidance, should hit $500M a quarter early, and still trades with a PEG of 0.60. ... Lumentum builds optical components for every type of network virtually.
Lumentum , which belongs to the Zacks Lasers Systems and Components industry, posted revenues of $370.8 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 0.72%.
The Ratings Game Lumentum stock heads for lowest price since 2019 as component glut seems to spread to telecom sector Maker of optical-networking components revised forecast as major customer ...
Lumentum Holdings said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, ... which was spun off from Japanese electronic components manufacturer TDK , ...
Shares of Lumentum Holdings Inc. were falling 15% in premarket trading Tuesday after the optoelectronics company, ... [integrated circuit] components has not materialized as quickly as expected, ...
Lumentum says that it is making “meaningful progress” in alleviating shortages of key components in the supply chain, and that it will boost research and development spending as it positions the ...