Lumentum Analysts Increase Their Forecasts Following Upbeat Earnings
Lumentum Analysts Increase Their Forecasts Following Upbeat Earnings
Lumentum said it sees second-quarter adjusted EPS of 30 cents-40 cents, versus market estimates of 27 cents. The company sees sales of $380.000 million-400.000 million, versus expectations of $354.32 million.Lumentum Holdings Inc. (NASDAQ:LITE) reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates on Thursday.
Lumentum控股公司（NASDAQ:LITE）在週四發佈了好於預期的第一季度財務業績，併發布了高於預期的第二季度指引。
Lumentum reported quarterly earnings of 18 cents per share which beat the analyst consensus estimate of 12 cents per share. The company reported quarterly sales of $336.900 million which beat the analyst consensus estimate of $324.977 million.
Lumentum報告每股18美分的季度收益，超過了分析師預期的每股12美分。公司報告季度銷售額爲33690萬美元，超過了分析師預期的32497.7萬美元。
"In the first quarter, we exceeded the high end of our guidance for both revenue and earnings per share," said Alan Lowe, President and CEO. "We set a new record for datacom laser chip orders, including substantial 200G EML orders, reflecting strong demand from multiple customers, including an AI infrastructure customer. Based on expanding cloud demand and improving trends in the broader networking market, we expect double-digit sequential revenue growth in the second quarter."
「在第一季度，我們的營收和每股收益都超過了指導的高端，」首席執行官兼總裁Alan Lowe表示。「我們創造了數據通信激光芯片訂單的新紀錄，包括大量的200G EML訂單，反映了來自多個客戶的強勁需求，包括一個人工智能基礎設施客戶。基於雲需求的擴大和更廣泛網絡市場的改善趨勢，我們預計第二季度的營收將有兩位數的環比增長。」
Lumentum said it sees second-quarter adjusted EPS of 30 cents-40 cents, versus market estimates of 27 cents. The company sees sales of $380.000 million-400.000 million, versus expectations of $354.32 million.
Lumentum表示，預計第二季度調整後每股收益爲30美分至40美分，高於市場預期的27美分。公司預計銷售額爲38000萬至-40000萬美元，高於預期的35432萬美元。
Lumentum shares gained 13.2% to trade at $83.82 on Friday.
Lumentum股價週五上漲13.2%，報價83.82美元。
These analysts made changes to their price targets on Lumentum following earnings announcement.
這些分析師在Lumentum發佈業績公告後調整了其價格目標。
- Susquehanna analyst Christopher Rolland maintained Lumentum with a Positive and raised the price target from $80 to $115.
- Raymond James analyst Simon Leopold maintained Lumentum with an Outperform and raised the price target from $70 to $100.
- Northland Capital Markets analyst Tim Savageaux maintained the stock with a Market Perform and raised the price target from $45 to $60.
- Susquehanna分析師Christopher Rolland維持了Lumentum的積極評級，並將價格目標從80美元提高至115美元。
- Raymond James分析師Simon Leopold維持了Lumentum的表現評級，並將價格目標從70美元提高至100美元。
- Northland資本市場分析師Tim Savageaux保持市場表現的股票評級，並將價格目標從45美元上調至60美元。
Considering buying LITE stock? Here's what analysts think:
考慮購買Lumentum股票嗎？這是分析師的看法：
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譯文內容由第三人軟體翻譯。
