LH

Lumentum Holdings

LITE
NASDAQInformation Technology
$880.54
USD
+22.22(+2.59%)
At close: Apr 30, 16:10 UTC
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Open

$880.54

Prev. Close

$879.66

High

$880.54

Low

$880.54

Market Snapshot

Market Cap

$60.08B

P/E Ratio

238.8

EPS

-7.71

Revenue

$1.41B

Why LITE moved

Investing $100 in Lumentum Holdings a decade ago would have grown significantly, reflecting an impressive annual growth rate of 41.86% in stock value.

About

Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 10,562 full-time employees. The company went IPO on 2015-07-23. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.

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