Cetera Advisor Networks LLC acquired a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) during the 1st quarter, Holdings Channel reports. The fund acquired 7,474 shares of the technology company’s stock, valued at approximately $729,000. Other large investors also recently added to or reduced their stakes in the company. Richelieu Gestion […]
Lumentum (NASDAQ:LITE – Get Rating) issued an update on its fourth quarter 2022 earnings guidance on Monday morning. The company provided earnings per share guidance of $1.25-$1.40 for the period, compared to the consensus earnings per share estimate of $1.22. The company issued revenue guidance of $405.00 million-$430.00 million, compared to the consensus revenue estimate […]
Lumentum (NASDAQ:LITE – Get Rating) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 4th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Lumentum has set its Q3 guidance at $1.01-$1.19 EPS.Parties interested in participating in the company’s conference call can do so […]
Lumentum (NASDAQ:LITE – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports. According to Zacks, “Lumentum Holdings Inc. is a manufacturer of innovative optical and photonic products. The Company’s operating segment consists of Optical Communications and Commercial Lasers. Optical Communications […]