What Happened? Shares of materials and photonics company Coherent (NYSE:COHR) jumped 3.1% in the morning session after the ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak ...

Lumentum Holdings Inc.LITE 1.65 % increase; green up pointing triangle agreed to buy laser maker Coherent Inc. for $5.7 billion, in a deal that would combine two companies whose products are used ...

Apple also split Lumentum's VCSEL orders with Coherent (COHR 1.40%) and Sony (SONY 4.84%). As a result, the Mac maker's contribution to Lumentum's top line dropped from 30% in fiscal 2021 to 12% ...

Lumentum Holdings Inc. said Monday it has agreed to acquire Coherent Inc. in a cash-and-stock deal valued at $5.7 billion. Under the terms of the deal, ...

Lumentum Holdings has generally fared well in recent years, even though 2022 fiscal data came in a bit weak. Click to see why I have decided to rate LITE a Buy.

Lumentum beat the quarter and raised September/December 2025 estimates, but left the June/September 2026 $600M sales target unchanged, the analyst tells investors in a research note.

Lumentum’s previously announced authorization was $1 billion through May 2024. As of April 1, 2023, Lumentum had used $615.5 million to repurchase 7.4 million shares.

SAN JOSE, Calif., August 14, 2024--Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal fourth quarter and full year ended June 29, 2024.

Demand for LITE's optical components has been out-stripping supply. With healthy margins and ~$1.1 billion in net cash, it has a solid balance sheet. Click to know why I rate it as a Buy.

Shares of Lumentum Holdings Inc. dropped 3.0% in premarket trading Tuesday, after the optical networking and photonic products company beat fiscal third-quarter profit expectations but missed on ...