Lumentum Holdings Q4 Adj. EPS $3.23 Beats $2.97 Estimate, Sales $1.006B Beat $987.892M Estimate

Lumentum Holdings (NASDAQ: LITE ) reported quarterly earnings of $3.23 per share which beat the analyst consensus estimate of $2.97 by 8.75 percent. This is a 267.05 percent increase over earnings of $0.88 per share from the same period last year. The company reported quarterly sales of $1.006 billion which beat the analyst consensus estimate of $987.892 million by 1.83 percent. This is a 109.28 percent increase over sales of $480.700 million the same period last year.