Lumentum Posts $1.01 Billion Q4 Revenue, Forecasts Up to $1.275 Billion on AI Demand
Updated
Updated · Yahoo Finance · Aug 11
Lumentum Posts $1.01 Billion Q4 Revenue, Forecasts Up to $1.275 Billion on AI Demand
3 articles · Updated · Yahoo Finance · Aug 11
Summary
$1.01 billion in fiscal Q4 revenue marked a 109% year-over-year jump for Lumentum, extending growth to an eighth straight quarter as AI data-center spending lifted optical networking demand.
AI-driven orders for optical components, cloud transceivers and optical circuit switches powered both segments: components revenue rose 103% to $649.4 million and systems climbed 123% to $356.9 million.
50.4% non-GAAP gross margin and 36.6% operating margin showed profitability improving sharply, helped by higher factory utilization and a more favorable product mix.
A $7.8 billion non-cash convertible-notes charge pushed GAAP results to a net loss, even as Lumentum cut convertible debt by $1.1 billion.
For fiscal Q1 2027, Lumentum projected another record quarter with $1.225 billion to $1.275 billion in revenue and $4.05 to $4.35 adjusted EPS, supported by 800G and 1.6T transceiver demand.