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Jun 27, 2020
Lumentum Q4 2020 Earnings Report
Lumentum's Q4 2020 earnings were announced, revealing a net revenue of $368.1 million and a GAAP diluted net loss per share of $(0.06).
Key Takeaways
Lumentum reported a net revenue of $368.1 million for the fiscal fourth quarter of 2020. The GAAP diluted net loss per share was $(0.06), while the non-GAAP diluted net income per share was $1.18. Strong market demand and solid execution drove better than projected results across all financial metrics.
Net revenue for the fiscal fourth quarter of 2020 was $368.1 million.
GAAP diluted net loss per share was $(0.06).
Non-GAAP diluted net income per share was $1.18.
The company held $1,553.8 million in total cash, cash equivalents, and short-term investments at the end of the fiscal fourth quarter of 2020.
Lumentum
Lumentum
Forward Guidance
Lumentum expects net revenue in the range of $430 million to $455 million for the fiscal first quarter of 2021. They also anticipate a non-GAAP operating margin of 28.0% to 30.0% and non-GAAP diluted earnings per share of $1.40 to $1.55.