➀ Lumentum's revenue for the 2024 fiscal year is projected to decline to $1.3592 billion from $1.767 billion in the previous year. ➁ The company has shifted its focus from traditional products to core technologies like chips and coherent optical modules. ➂ Lumentum has expanded its customer base, notably adding Google as a significant client, reflecting its strategic move into the AI market through acquisitions.
Related Articles
- Marvell Could Be A 'Marvellous' Buy30 days ago
- Nagarro: Considering Increasing My Positionabout 1 month ago
- Kinross Gold: Still An Undervalued Miner In A Strong Gold Marketabout 1 month ago
- Stride: Record Q4 Results, Strong FY2026 Setup, And Options Market Tailwindsabout 2 months ago
- Another Beat And Raise Quarter Confirms Adobe As A Strong Buyabout 2 months ago
- Constellation Brands: More Pain To Come (Short Update)about 2 months ago
- D-Wave's Quantum Dream Vs. Financial Reality: Still A Sell Despite Rally2 months ago
- Applied Materials Announces Third Quarter 2025 Results3 months ago
- Palantir: Buy The AI Goldmine (Upgrade)3 months ago
- Meta Platforms: Financial Statement Highlights, And Two Perspectives From The Recent Quarter3 months ago