LITE Q3 2023 Earnings — Lumentum Holdings Inc. Revenue & Financial Results | Market Cap Arena

LITELumentum Holdings Inc.

$49B

Q3 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$383M-3.0% YoY

Gross Profit

$112M29.2% margin

Operating Income

-$51M-13.4% margin

Net Income

-$39M-10.3% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

-24.2%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

-$15M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$2.8B

Stockholders' Equity

$1.5B

Cash & Equivalents

$549M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$383M	$395M	-3.0%
Gross Profit	$112M	$167M	-33.0%
Operating Income	-$51M	$47M	-209.8%
Net Income	-$39M	$26M	-251.2%

Revenue Segments

Optical Communications Segment

$293M100%