Lumentum beats Q1 estimates with $4.57 EPS as AI optics demand surges
Photo: Crypto Briefing
The optical component maker posted $1.263 billion in sales, up 136.5% year over year, and guided even higher for next quarter Lumentum Holdings just had the kind of quarter that makes analysts quietly revise their spreadsheets. The company reported fiscal first-quarter adjusted earnings of $4.57 per share on sales of $1.263 billion , and both figures came in above estimates. The engine behind it is familiar by now. AI data centers need to move enormous amounts of information, and Lumentum sells the light-based hardware that moves it. Lumentum (NASDAQ: LITE) released the results on November 2, 2026.
Source: Crypto Briefing
