BUZZ-Lumentum jumps after bright Q2 revenue forecast, Q1 results beat

Reuters

2025/11/05

BUZZ-Lumentum jumps after bright <a href="https://laohu8.com/S/QTWO">Q2</a> revenue forecast, Q1 results beat

** Shares of optical and photonic products maker Lumentum LITE.O jump 16.3% to $219.1 premarket

** LITE forecasts Q2 revenue in the range of $630 mln-$670 mln, above analysts' average estimate of $560.2 mln, according to data compiled by LSEG

** Reports Q1 revenue of $533.8 mln, beating estimates of $525.4 mln; adj. EPS of $1.1 also tops estimates

** At least two brokerages raise PT on stock post results

** 16 of 20 brokerages covering the stock rate it "buy" or higher and four "hold"; the median PT is $180

** As of last close, LITE shares have more than doubled in 2025

(Reporting by Shashwat Chauhan in Bengaluru)

((Shashwat.Chauhan@thomsonreuters.com))

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EPS of $1.1 also tops estimates ** At least two brokerages raise PT on stock post results ** 16 of 20 brokerages covering the stock rate it \"buy\" or higher and four \"hold\"; the median PT is $180** As of last close, LITE shares have more than doubled in 2025(Reporting by Shashwat Chauhan in Bengaluru)((Shashwat.Chauhan@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}