Lumentum reports Q3 adjusted EPS 57c, consensus 50c

Reports Q3 revenue $425.2M, consensus $418.18M. “In my first 90 days as CEO, it’s become clear that Lumentum (LITE) is uniquely positioned to lead as the convergence of optics and electronics accelerates AI data center scaling. Our innovations-from advanced EMLs to ultra-high-power lasers-are driving transformative power efficiencies across cloud, AI, and long-haul networks, making us an essential partner in this next era of connectivity,” said Michael Hurlston, President and CEO.