Shares of Lumentum Holdings Inc. (NASDAQ: LITE) surged over 16% in after-hours trading on Tuesday after the company reported better-than-expected financial results for the first quarter of fiscal 2025.
The optical communications company reported adjusted earnings per share of $0.18 for the quarter, surpassing analysts' consensus estimate of $0.12. Lumentum's revenue for the quarter also exceeded expectations, coming in at $336.9 million, compared to the estimated $325 million.
The company's strong performance in the first quarter was driven by robust demand for its products and effective cost management strategies. Analysts are optimistic about Lumentum's prospects, citing the increasing adoption of optical technologies in various industries, including telecommunications and data centers.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。