Lumentum Raises Q4 Revenue Guidance to $960M–$1.01B; Q3 Sales Jump 90%
LITE•Lumentum forecast Q4 revenue of $960 million to $1.01 billion, topping analysts' $908.3 million estimate, and guided adjusted EPS of $2.85–$3.05 versus $2.68 expected. In Q3, revenue surged 90.1% to $808.4 million and adjusted profit rose to $2.37 per share, beating forecasts.
1. Strong Q3 Results
Lumentum reported Q3 revenue of $808.4 million, up 90.1% year-on-year, and delivered adjusted EPS of $2.37, surpassing analyst forecasts of $804.3 million in sales and $2.29 per share in earnings.
2. Bullish Q4 Guidance
The company projected Q4 revenue between $960 million and $1.01 billion, outpacing the $908.3 million consensus, and set adjusted EPS guidance of $2.85 to $3.05 versus $2.68 expected.
3. AI Infrastructure Demand
Robust capital spending by cloud service providers on AI infrastructure drove demand for Lumentum’s high-speed optical components and lasers, prompting customers to secure long-term supply agreements.
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