Lumentum Hldgs Inc Stock Price, News & Analysis

Lumentum Holdings (LITE) announced its participation in Laser World of Photonics 2025 in Munich, Germany, where it will showcase its latest laser technologies at Hall A2, Stand 337. The company will display advanced products including: the PicoBlade Core ultrafast laser platform delivering 150W power with sub-12 picosecond pulses; the Q-Series high-power diode-pumped UV and green lasers; the new Q391 nanosecond-pulsed UV laser with 1mJ pulse energies; specialty fibers and components for industrial applications; and VCSEL solutions for 3D sensing in industrial and automotive uses. These innovations focus on enabling high-throughput precision manufacturing across sectors like consumer electronics, energy storage, and automotive applications.

Lumentum (LITE) has launched PicoBlade Core, a groundbreaking ultrafast laser platform for industrial micromachining. The new platform is three times lighter and half the size of its predecessor, PicoBlade 3, while offering configurations across infrared, green, and ultraviolet wavelengths. PicoBlade Core delivers up to 150 watts average power, <12 picosecond pulse width, and 8 MHz pulse repetition rate. The system is designed for high-throughput precision manufacturing in industries including printed circuit board, battery cell, solar cell, and consumer electronics. Key features include closed-loop power control, integrated nonlinear optics, beam shaping capabilities, and advanced pulse engineering with AccuTrig, MegaBurst, and FlexBurst technologies. The product is currently in sampling phase with select customers and will be showcased at Laser World of Photonics in Munich from June 24-27, 2025.

Lumentum Holdings (LITE), a leading designer and manufacturer of optical and photonic products, announced an inducement grant to Rafik Ward, the company's SVP of Corporate Development and Chief Marketing Officer. The grant consists of 31,412 restricted stock units (RSUs) of Lumentum common stock, awarded on May 15, 2025. The vesting schedule includes 25% of the award vesting after one year, with the remaining 75% vesting in approximately equal quarterly installments over the following twelve quarters, contingent on Ward's continued employment. The grant was made under Lumentum's 2025 Inducement Equity Incentive Plan but will follow similar terms as the company's 2015 Equity Incentive Plan.

Lumentum (LITE) reported its fiscal Q3 2025 results with net revenue of $425.2 million, up 16% year-over-year and 5.7% sequentially. The company posted a GAAP net loss of $0.64 per share, while non-GAAP earnings were $0.57 per share. Cloud & Networking segment revenue reached $365.2 million (85.9% of total), growing 16.4% YoY. The company's non-GAAP gross margin improved to 35.2%, up from 28.7% in the year-ago quarter. New CEO Michael Hurlston highlighted strong demand from cloud customers and a recovering networking market. Looking ahead, Lumentum forecasts Q4 2025 revenue between $440-470 million with non-GAAP EPS of $0.70-$0.80.

Lumentum Holdings (LITE) has announced its participation in four major upcoming investor conferences in May and June 2025:

• 20th Annual Needham Technology, Media & Consumer 1x1 Conference (Virtual) on May 9
• 53rd Annual J.P. Morgan Global Technology Conference in Boston on May 13
• 22nd Annual Craig-Hallum Institutional Investor Conference in Minneapolis on May 28
• BofA Securities 2025 Global Technology Conference in San Francisco on June 4

Management will be available for meetings and presentations at various times during these events. Institutional investors interested in participating should contact their representatives at the respective firms.

Lumentum Holdings (LITE) has scheduled the release of its fiscal third quarter 2025 financial results on Tuesday, May 6, 2025, after market close. The company will host a conference call on the same day at 2:00 p.m. PT/5:00 p.m. ET.

Participants can join via telephone using the dial-in numbers (833) 470-1428 or (404) 975-4839 with Conference ID: 629794. Pre-registration is available and recommended, with registrants receiving a unique dial-in number and PIN via email. The earnings release and supporting materials will be available in the Investors section of Lumentum's website.

Lumentum Holdings (LITE), a leader in optical and photonic solutions, has earned the EcoVadis Platinum Medal for the third consecutive year, placing it in the top 1% of assessed companies worldwide. The company's overall sustainability score increased to 83 from 80, showing improvements in Environment, Ethics, and Sustainable Procurement categories.

Key environmental achievements include:

• 38% reduction in Scope 1 and 2 greenhouse gas emissions in FY2024 vs FY2023
• Increased renewable electricity procurement to 79% in FY2024 from 61% in FY2023
• Launched solar power generation at facilities in Navanakorn, Thailand and San Jose, California
• Received Science-Based Targets initiative (SBTi) approval for 2030 and 2050 emissions reduction targets

Lumentum Holdings (LITE), a market-leading designer and manufacturer of optical and photonic products, has announced equity awards for two newly hired executives. Michael Brooker, the new Chief Transformation Officer, received three types of RSU grants totaling 69,282 shares: a one-year vesting grant, a four-year vesting grant, and performance-based units for 2025-2027. John Bagatelos, the new Senior Vice President of Sales, received 46,188 shares through two grants: a four-year vesting RSU and performance-based units.

The performance-based RSUs could result in a payout between 0% and 200% based on achievement of specified goals. All grants were made on April 15, 2025, under Lumentum's 2025 Inducement Equity Incentive Plan, with vesting contingent on continued employment.

Lumentum unveiled new advancements in indium phosphide (InP) photonic chip technologies at OFC 2025, targeting higher bandwidth and power-efficient connectivity for AI-driven data centers. The company showcased innovations enabling 400 Gbps-per-lane optical links and more efficient 200 Gbps-per-lane optical links.

Key demonstrations include:

• 448G EML technology demonstrating 448 Gbps data transmission using 224 GBaud PAM4
• 450G PAM4 DFB-MZI showing 450 Gbps transmission with superior chirp control
• 200 Gbps-per-lane differential drive EML operating at lower drive voltage
• Ultra-high power 1310 nm DFB lasers for co-packaged optics

Notably, Lumentum was selected as an NVIDIA silicon photonics ecosystem partner, with their ultra-high-power lasers integrated into NVIDIA's Spectrum-X Photonics and Quantum-X Photonics networking switches.