Lumentum Analysts Boost Their Forecasts Following Upbeat Q2 Results
Lumentum Holdings Inc. LITE reported better-than-expected earnings for the fourth quarter on Tuesday.The company posted quarterly earnings of 88 cents per share which beat the analyst consensus estimate of 80 cents per share. The company reported quarterly sales of 465.756 million.Lumentum Holdings said it sees first-quarter adjusted EPS of 95 cents to 510.000 million to $540.000 million.“In our fiscal fourth quarter, we exec ...