Lumentum reported a strong fiscal second quarter, exceeding the high end of its guidance ranges for both revenue and earnings per share. This performance was driven by strong demand in the cloud end market. The company is optimistic about capitalizing on expanding cloud opportunities and the recovery of the broader networking market.
Net revenue for the fiscal second quarter of 2025 was $402.2 million.
GAAP net loss was $60.9 million, or $0.88 per diluted share.
Non-GAAP net income was $30.0 million, or $0.42 per diluted share.
The company held $896.7 million in total cash, cash equivalents, and short-term investments at the end of the fiscal second quarter of 2025.
Lumentum expects net revenue in the range of $410 million to $425 million, non-GAAP operating margin of 9.5% to 10.5%, and non-GAAP diluted earnings per share of $0.47 to $0.53 for the fiscal third quarter 2025.