Lumentum Reports F1Q Profit of $360.3 Million
Lumentum reported F1Q profit of $360.3 million, or $3.54 a share, versus $4.2 million, or 5 cents a share, a year earlier. Adjusted earnings were $4.57 a share, ahead of analyst views for $4.22, according to FactSet.
Lumentum reports a F1Q profit of $360.3 million, or $3.54 a share, up from $4.2 million, or 5 cents a share, in last year's comparable period. Stripping out certain one-time items, quarterly earnings came out to $4.57 a share, ahead of analyst views for $4.22 a share, according to FactSet. Net reve…