Lumentum Holdings Inc
For the period ended Sep 28, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2024 · Filed Nov 8, 2024
LITE$596.16+10.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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PART I - FINANCIAL INFORMATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share data)
| Three Months Ended | ||
|---|---|---|
| September 28, 2024 | September 30, 2023 | |
| Net revenue | $336.9 | $317.6 |
| Cost of sales | 236.5 | 222.9 |
| Amortization of acquired developed intangibles | 22.5 | 18.0 |
| Gross profit | 77.9 | 76.7 |
| Operating expenses: | ||
| Research and development | 74.3 | 73.5 |
| Selling, general and administrative | 76.3 | 73.0 |
| Restructuring and related charges | 9.7 | 11.0 |
| Total operating expenses | 160.3 | 157.5 |
| Loss from operations | (82.4) | (80.8) |
| Interest expense | (5.5) | (9.7) |
| Other income, net | 8.7 | 21.2 |
| Loss before income taxes | (79.2) | (69.3) |
| Income tax provision (benefit) | 3.2 | (1.4) |
| Net loss | $(82.4) | $(67.9) |
| Net loss per share: | ||
| Basic | $(1.21) | $(1.02) |
| Diluted | $(1.21) | $(1.02) |
| Shares used to compute net loss per share: | ||
| Basic | 68.3 | 66.7 |
| Diluted | 68.3 | 66.7 |
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