Lumentum Expects Q2 Revenue of $1.57B-$1.62B

Fiscal Q1 revenue was $1.26B, versus $1.01B in Q4 and $533.8M a year earlier; GAAP net income was $360.3M. Lumentum expects approximately $350M in sequential Q2 growth and operating margin above 45%.Material DetailsContext by AI AnalystThis is a mid-cycle growth update, with reported revenue and ea…