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Technology Stocks : Semi Equipment Analysis
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Lumentum Stock Jumps After The Close On Rosier Outlook
BENZINGA 5:17 PM ET 6/3/2025

LITE 77.65 +1.79 (+2.3596%)
QUOTES AS OF 04:00:00 PM ET 06/03/2025
Symbol Last Price Change

[The stock is at 80.80 Ah at the moment.]

Lumentum Holdings Inc (LITE) shares are rising in extended trading on Tuesday after the company updated its guidance for the current quarter ahead of a scheduled presentation this week.

What Happened: After the market close on Tuesday, Lumentum(LITE) said it now expects fourth-quarter revenue of $465 million to $475 million, up from prior guidance of $440 million to $470 million.

The company noted that it expects to achieve $500 million of revenue in the first quarter of fiscal 2026, a quarter earlier than previously planned.

Lumentum (LITE) also raised its fourth-quarter earnings guidance from a range of 70 cents to 80 cents per share to a new range of 78 cents to 85 cents per share. The company said it anticipates a fourth-quarter operating margin of 14% to 15%, up from prior guidance of 13% to 14%.

Lumentum’s management team will discuss the updated forecast at the BofA Securities 2025 Global Technology Conference on Wednesday.
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