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Lumentum rises after lifting Q4 profit, revenue forecasts

ReutersJun 3, 2025 9:02 PM

Optical and photonic products maker Lumentum's LITE.O shares rise 6% to $82.30 after the bell

LITE updates Q4 2025 forecast, management to discuss the same at BofA Securities 2025 Global Technology Conference on June 4, 2025

Now sees Q4 revenue between $465 mln and $475 mln, compared with prior forecast of $440 mln to $470 mln

Expects Q4 adj. EPS between 78 cents and 85 cents, compared with previous expected range of 70 cents to 80 cents

As of last close, stock had fallen 7.5% YTD

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