Lumentum Holdings Inc.

For the period ended Dec 28, 2024. Filed Feb 6, 2025.

About this filing

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.

Dec 28, 2024 · Filed Feb 6, 2025

LITE$596.16+10.7%Stored close · as of Nov 9, 2026

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Contents

PART I - FINANCIAL INFORMATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in millions, except per share data)

	Three Months Ended		Six Months Ended
	December 28, 2024	December 30, 2023	December 28, 2024	December 30, 2023
Net revenue	$402.2	$366.8	$739.1	$684.4
Cost of sales	281.2	281.3	517.7	504.2
Amortization of acquired developed intangibles	21.4	21.5	43.9	39.5
Gross profit	99.6	64.0	177.5	140.7
Operating expenses:
Research and development	74.2	78.3	148.5	151.8
Selling, general and administrative	76.3	85.1	152.6	158.1
Restructuring and related charges	0.7	5.8	10.4	16.8
Total operating expenses	151.2	169.2	311.5	326.7
Loss from operations	(51.6)	(105.2)	(134.0)	(186.0)
Interest expense	(5.6)	(9.7)	(11.1)	(19.4)
Other income, net	14.9	13.4	23.6	34.6
Loss before income taxes	(42.3)	(101.5)	(121.5)	(170.8)
Income tax provision (benefit)	18.6	(2.4)	21.8	(3.8)
Net loss	$(60.9)	$(99.1)	$(143.3)	$(167.0)
Net loss per share:
Basic	$(0.88)	$(1.47)	$(2.09)	$(2.49)
Diluted	$(0.88)	$(1.47)	$(2.09)	$(2.49)
Shares used to compute net loss per share:
Basic	68.9	67.2	68.6	67.0
Diluted	68.9	67.2	68.6	67.0

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.