LITE Q1 2023 Earnings — Lumentum Holdings Inc. Revenue & Financial Results | Market Cap Arena

LITELumentum Holdings Inc.

$49B

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$507M+13.0% YoY

Gross Profit

$192M37.9% margin

Operating Income

$24M4.8% margin

Net Income

-$400,000-0.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+20.1%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$2M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$2.9B

Stockholders' Equity

$1.5B

Cash & Equivalents

$605M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$507M	$448M	+13.0%
Gross Profit	$192M	$227M	-15.3%
Operating Income	$24M	$115M	-78.9%
Net Income	-$400,000	$82M	-100.5%

Revenue Segments

Optical Communications Segment

$360M100%