UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36861 Lumentum Holdings Inc. (Exact name of Registrant as specified in its charter) Delaware 47-3108385 (State or other juri ...

业绩总结 - 公司在Q2 FY24财报电话会议中提到，总收入为366.8百万美元[5] - 云计算和网络部门的收入为286.7百万美元，工业技术部门的收入为80.1百万美元[7] - 非GAAP净利润为13.0百万美元，每股收益为0.32美元[6] 新产品和新技术研发 - 公司完成了Cloud Light收购，扩大了云计算和人工智能增长机会[4]

财务数据和关键指标变化 - 第一季度收入和每股收益超过了中值指引范围 [17] - 第一季度非GAAP毛利率为34.9%,环比和同比下降,主要受到产品组合、工厂利用率下降和收入下降的影响 [35] - 第一季度非GAAP营业利润率为3.3%,环比和同比下降 [35] - 第一季度非GAAP营业收入为1060万美元,调整后EBITDA为3460万美元 [35] - 第一季度非GAAP营业费用为1.001亿美元,占收入31.5%,环比下降230万美元,同比下降660万美元,主要由于严格控制费用 [36] 各条业务线数据和关键指标变化 - 云和网络业务收入环比下降19.8%,同比下降36.2%,主要受到大部分网络产品线的普遍疲软影响,但数据中心激光器和可调谐接入模块实现了环比增长 [20][42] - 工业科技业务收入环比增长4.3%,同比下降40.1%,主要受到光纤激光器业务疲软影响,但3D传感业务随着新智能手机产品的量产而有所回升 [27][43] 各个市场数据和关键指标变化 - 云数据中心需求是云和网络业务的最强劲增长动力,800G光模块的部署正在增加 [21][22] - 工业激光器需求预计将在2024年继续疲软,但新兴的太阳能电池制造应用将部分抵消这一近期不利因素 [28] 公司战略和发展方向及行业竞争 - 收购Cloud Light后,公司在为云运营商提供光子器件方面的地位得到加强,有望在人工智能快速发展的大数据中心市场上实现超过5倍的服务机会扩张 [11][13] - 公司正在开发高速200Gbps EML芯片,以支持未来1.6Tbps光模块的发展,并已开始向客户提供800G ZR光模块样品 [23][26] - 公司正在与客户合作开发定制激光器设计,以满足人工智能对高带宽、低延迟光互连的需求 [113][114] 管理层对经营环境和未来前景的评论 - 公司目前面临两种动态:一方面,数据中心客户需求强劲;另一方面,网络和工业客户的库存消化仍在持续 [29] - 公司预计2024年上半年出货量将逐步与客户需求更加匹配,到第四季度将完全恢复 [152] - 公司对未来光子技术的广泛应用前景保持乐观,将继续投资研发以满足客户需求 [166] 问答环节重要的提问和回答 问题1 **Simon Leopold 提问** 询问Cloud Light业务在12月季度的收入贡献 [52] **Alan Lowe 回答** Cloud Light将贡献约7.5周的收入,具体数字未披露 [54] 问题2 **Joe Cardoso 提问** 询问公司对电信市场的看法,是否已见底并开始回升 [61] **Alan Lowe 回答** 公司仍在低于终端客户消费水平出货,预计库存消化将持续到2024年初,但到第四季度将基本恢复正常 [62][152] 问题3 **Meta Marshall 提问** 询问Cloud Light的资本支出计划 [73] **Alan Lowe 回答** 目前还为时尚早,公司将根据客户反馈适当调整Cloud Light的产能投资计划 [75][76]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36861 Lumentum Holdings Inc. (Exact name of Registrant as specified in its charter) Delaware 47-3108385 (State or other jur ...

云和网络部门 - 公司在Q1 FY24财报电话会议中提到，总公司的营收和非GAAP每股收益均超过了预期中点[4] - 云和网络部门的营收环比下降20%，同比下降36%，主要是由于客户库存调整，但AI驱动的800G收发器和高速激光器在云数据中心客户中表现强劲[4] 工业技术部门 - 工业技术部门的营收环比增长4%，主要受到3D传感季节性需求的影响，但同比下降40%，部分受到激光客户库存调整和某些3D传感插座竞争的影响[4]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 1, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36861 Lumentum Holdings Inc. (Exact name of Registrant as specified in its charter) Delaware 47-3108385 (State or other ...

FY23 Key Points Executed upon coherent module vertical integration strategy with NeoPhotonics and IPG product line acquisitions Doubled capacity in tunable access modules to address future growth – | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------|-------------|--------|-----------------|-------|-------------------------------|-------|---------|-----------------------------------------------------------------------|-------|--- ...

Jeff Koche Alan Lowe Thanks Jeff. Thank you. Lara, I think we will turn the call back over to Alan for some closing remarks. Thanks Kathy. Thank you everyone. I would like to leave everyone with a few thoughts as we wrap up the call. As I have said before, mid to long-term fundamentals are solid for our business as we serve the exponential growth in network bandwidth in the artificial intelligence, machine learning, mobile, carrier and cloud computing markets. New industrial applications are emerging for ou ...

In the third quarter, revenue from these products grew 17% sequentially and doubled year-on-year to a new quarterly revenue record. Our new 25G tunable access module will be a key enabler for customers upgrading legacy fiber nodes in metro access networks leveraging next generation distributed access architecture. However, as we transition customers from 10G to 25G in the coming quarters, we may see some revenue lumpiness. Our advanced ROADMs are key enablers of our customersÂ' next generation network archi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 1, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36861 Lumentum Holdings Inc. (Exact name of Registrant as specified in its charter) Delaware 47-3108385 (State or other jurisdic ...