Lumentum Holdings (NASDAQ:LITE) reported its Q2 earnings results on Thursday, February 3, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Lumentum Holdings beat estimated earnings by 1.27%, reporting an EPS of $1.6 versus an estimate of $1.58, which did not surprise analysts.
Revenue was up $32.10 million from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 5.66% increase in the share price the next day.
Here's a look at Lumentum Holdings's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.55 | 1.05 | 1.4 | 1.90 |
| EPS Actual | 1.79 | 1.15 | 1.4 | 1.99 |
| Revenue Estimate | 440.80M | 382.22M | 433.49M | 480.68M |
| Revenue Actual | 448.40M | 392.10M | 419.50M | 478.80M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
