Lumentum (LITE) reported fiscal Q4 adjusted net income late Tuesday of $3.23 per diluted share, up from $0.88 a year earlier.

Analysts polled by FactSet expected $2.97.

Net revenue for the quarter ended June 27 was $1.01 billion, up from $480.7 million a year earlier.

Analysts expected $987.7 million.

The company expects fiscal Q1 adjusted EPS of $4.05 to $4.35 on net revenue of $1.23 billion to $1.28 billion.

Analysts expect $3.61 and $1.16 billion, respectively.