LITE Q2 2023 Earnings — Lumentum Holdings Inc. Revenue & Financial Results | Market Cap Arena

LITELumentum Holdings Inc.

$49B

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$506M+13.3% YoY

Gross Profit

$143M28.3% margin

Operating Income

-$18M-3.6% margin

Net Income

-$32M-6.3% margin

EPS (Diluted)

$-0.46

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$55M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$2.9B

Stockholders' Equity

$1.5B

Cash & Equivalents

$592M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$506M	$447M	+13.3%
Gross Profit	$143M	$208M	-31.0%
Operating Income	-$18M	$85M	-121.6%
Net Income	-$32M	$57M	-155.9%

Revenue Segments

Optical Communications Segment

$384M100%