LITE Q2 2024 Earnings — Lumentum Holdings Inc. Revenue & Financial Results | Market Cap Arena

LITELumentum Holdings Inc.

$49B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$308M-39.1% YoY

Gross Profit

$51M16.6% margin

Operating Income

-$133M-43.3% margin

Net Income

-$253M-81.9% margin

EPS (Diluted)

$-3.72

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$33M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$3.4B

Stockholders' Equity

$1.3B

Cash & Equivalents

$469M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$308M	$506M	-39.1%
Gross Profit	$51M	$143M	-64.2%
Operating Income	-$133M	-$18M	-625.0%
Net Income	-$253M	-$32M	-696.5%

Geographic Segments

Asia Pacific

$201M55%

Americas

$135M37%

EMEA

$30M8%