Oleblue
2 years ago
Here are some of the top news headlines about Lumentum Holdings (LITE) stock:
Lumentum Holdings Reports Q3 Earnings Beat, Revenue Miss
Lumentum Holdings CEO Sees 'Strong' Growth in 2023
Analysts Upgrade Lumentum Holdings Stock on 'Attractive' Valuation
Lumentum Holdings Stock Up 10% on Strong Q3 Earnings
Lumentum Holdings Announces Acquisition of NeoPhotonics
For more news about Lumentum Holdings stock, please visit your favorite news source.
Here are some additional details about the recent news headlines:
Lumentum Holdings Reports Q3 Earnings Beat, Revenue Miss
Lumentum Holdings reported earnings of $0.37 per share on revenue of $431 million for the third quarter of fiscal 2023. Both earnings and revenue beat analyst expectations. The company's guidance for the fourth quarter and full year of fiscal 2023 was also above analyst expectations.
Lumentum Holdings CEO Sees 'Strong' Growth in 2023
Lumentum Holdings CEO Jeff Healey said that he sees "strong" growth in the company's business in 2023. Healey said that the company is seeing strong demand for its products from customers in the telecommunications, data center, and industrial markets.
Analysts Upgrade Lumentum Holdings Stock on 'Attractive' Valuation
TFMG
6 years ago
$LITE JUMP SHIP TIME IN LUMENTUM , $37 TARGET
It is a horrible time to be invested in TECH, it is obviously going to be sacrificed in the trade war, Huawei has become enemy Number 1 and any company with Chinese exposure has suffered great loss in value in the past few weeks. NASDAQ:LITE has considerable exposure and has now lowered guidance due to the ban initialised on Huawei. The chart of Lite is technically broken, having lost the support off all MA's and the RSI is now at a historical low due to the velocity of the selling. That low is just about the only positive to cling to, there is a chance of a bounce but that it not a trade we would be willing to take. The stock is now in a wee defined downtrend from March 18 with $42 and $37 the next targets on the downside.
If by any chance there is a resolution with China this will rocket higher but that is not on the horizon, given the rhetoric.
whytestocks
6 years ago
News: $LITE AR, VR and the Merger of the Digital and Physical World
POINT ROBERTS, Wash. and DELTA, British Columbia, March 15, 2019 (GLOBE NEWSWIRE) -- Investorideas.com , a global investor news source covering tech stocks, releases a snapshot looking at VR and AR stocks and future implications and applications for these technologies. One of th...
In case you are interested https://marketwirenews.com/news-releases/ar-vr-and-the-merger-of-the-digital-and-physical-world-7849496.html