Lumentum Holdings (NASDAQ:LITE) reported its Q3 earnings results on Wednesday, May 4, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Lumentum Holdings beat estimated earnings by 6.25%, reporting an EPS of $1.19 versus an estimate of $1.12.
Revenue was down $24.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 4.67% increase in the share price the next day.
Here's a look at Lumentum Holdings's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.58 | 1.55 | 1.05 | 1.4 |
| EPS Actual | 1.60 | 1.79 | 1.15 | 1.4 |
| Revenue Estimate | 445.49M | 440.80M | 382.22M | 433.49M |
| Revenue Actual | 446.70M | 448.40M | 392.10M | 419.50M |
To track all earnings releases for Lumentum Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
