|Bid||83.55 x 800|
|Ask||83.65 x 1000|
|Day's Range||82.06 - 83.86|
|52 Week Range||59.06 - 96.74|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||41.78|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
As you might know, Lumentum Holdings Inc. (NASDAQ:LITE) just kicked off its latest first-quarter results with some...
Lumentum (LITE) delivered earnings and revenue surprises of 21.09% and 2.36%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Lumentum Holdings (NASDAQ:LITE) moved higher by 4.1% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share increased 23.61% over the past year to $1.78, which beat the estimate of $1.47.Revenue of $452,400,000 higher by 0.56% year over year, which beat the estimate of $441,820,000.Guidance Q2 EPS expected to be between $1.70 and $1.90.Q2 revenue expected to be between $465,000,000 and $485,000,000.How To Listen To The Conference Call Date: Nov 02, 2020View more earnings on LITETime: 08:30 AMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.lumentum.com%2F&eventid=2628099&sessionid=1&key=D143984CDFC8A659B04E0F5081AC4916®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $96.73Company's 52-week low was at $55.62Price action over last quarter: down 7.39%Company Overview Lumentum Holdings Inc is a California-based technology firm. Lumentum provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 2, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.