LITE SEC Filings

Lumentum Holdings Inc. (LITE) announced today that it has entered into privately-negotiated exchange agreements with certain holders of its 0.50% Convertible Senior Notes due 2028. Through these agreements, Lumentum will issue approximately 5.0 million shares of its common stock in exchange for approximately $650.4 million principal amount of these convertible notes. This exchange transaction is expected to reduce the outstanding principal amount of these notes significantly, with approximately $172.2 million expected to remain outstanding after the exchange. The company will not receive any cash proceeds from these transactions, as it is effectively retiring debt by issuing equity.

Lumentum Holdings Inc. (LITE) reported a significant turnaround in its financial performance for the nine months ended March 28, 2026, compared to the same period last year. Net revenue more than doubled year-over-year, driven by robust demand in both the Components and Systems segments, particularly from AI/ML and cloud data center customers. The company achieved substantial improvements in gross profit and turned an operating loss into a significant operating income. This strong performance was bolstered by a substantial increase in cash and cash equivalents, primarily due to a $2 billion private placement of Series A Convertible Preferred Stock and the issuance of 2032 Notes. The company has also been actively managing its debt structure, repurchasing a portion of its 2026 Notes and issuing new convertible notes. The strategic focus remains on investing in new technologies and manufacturing capacity to meet the growing demand in its key markets. While facing some macroeconomic and trade-related uncertainties, Lumentum's improved financial health and strong market position in essential optical and photonic products present a positive outlook for investors.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on May 5, 2026, to announce its financial results for the fiscal third quarter ended March 28, 2026. The report primarily serves to furnish a press release and a slide presentation, both dated May 5, 2026, which contain the detailed financial and operational performance for the quarter. Investors should refer to the furnished press release and presentation, available on the company's investor relations website, for specific financial figures and management commentary. This filing indicates the company is communicating its quarterly performance as per standard reporting procedures.

Lumentum Holdings Inc. (LITE) announced on April 8, 2026, that it has entered into privately-negotiated exchange agreements to retire approximately $474.6 million in aggregate principal amount of its outstanding convertible senior notes, specifically the 0.50% Convertible Senior Notes due 2026 and the 1.50% Convertible Senior Notes due 2029. In exchange for these notes, the company will issue approximately 5.7 million shares of its common stock. This transaction is a debt-for-equity exchange and will not involve any cash proceeds to Lumentum. The exchange is expected to close around April 13, 2026. While this transaction will reduce the outstanding principal of the convertible notes, it will also result in incremental dilution to existing shareholders. Approximately 0.6 million shares of Common Stock are associated with the principal amounts exchanged, and a larger number (5.7 million total) will be issued to cover the principal and related conversion value. Following the transaction, a significant portion of both the 2026 and 2029 notes will still remain outstanding, with their original terms intact.

Lumentum Holdings Inc. (LITE) has announced a significant strategic transaction via an 8-K filing on March 2, 2026, detailing the issuance of $2 billion in Series A Convertible Preferred Stock to NVIDIA Corporation. This private placement, exempt under Section 4(a)(2) of the Securities Act, represents a substantial capital infusion and a deepening of the partnership between the two technology giants, specifically aimed at advancing state-of-the-art optics technology. The Series A Preferred Stock is convertible into Lumentum's common stock on a one-for-one basis, subject to certain conditions including the expiration of antitrust waiting periods and the closing of a qualified sale. This structure provides NVIDIA with potential upside in Lumentum's common stock while offering Lumentum flexibility in managing its capital structure. The filing also outlines the preferred stock's dividend rights, voting power on an as-converted basis, and dissolution preferences, all designed to align with common stock holders. This transaction underscores a strong commitment from NVIDIA to Lumentum's strategic direction and technological capabilities in optics. Investors should view this as a validation of Lumentum's market position and future growth prospects, particularly in advanced technology sectors. The accompanying press release, furnished as an exhibit, is expected to provide further context on the strategic partnership and its implications.

Lumentum Holdings Inc. reported a significant rebound in financial performance for the six months ended December 27, 2025, demonstrating strong top-line growth and a substantial improvement in profitability. Net revenue surged by 62.3% to $1.2 billion, driven by robust demand in Components and Systems segments, particularly from AI and cloud customers expanding their data centers. This growth translated into a significant increase in gross profit, with gross margin expanding to 35.2% from 24.0% in the prior year period, attributed to higher factory utilization, increased average selling prices for laser chips, and lower amortization of acquired intangibles. The company also saw operating income turn positive, shifting from a loss of $134 million for the comparable prior period to an income of $71 million. This operational improvement was bolstered by an escrow settlement gain of $27.5 million. While operating expenses saw an increase in absolute terms due to higher incentive compensation and R&D programs, they decreased as a percentage of revenue, indicating improved operational leverage. The company ended the period with a stronger balance sheet, characterized by increased cash and cash equivalents, despite reclassifying a significant portion of its convertible notes as current liabilities due to their convertibility triggers being met.

Lumentum Holdings Inc. (LITE) filed an 8-K on February 3, 2026, to report its financial results for the fiscal second quarter ended December 27, 2025. The company also made available a slide presentation and a press release detailing these results on its investor relations website. This filing provides investors with an update on the company's operational and financial performance during the most recent reporting period. While the 8-K itself is brief and primarily serves to incorporate by reference the press release and presentation, these accompanying documents are crucial for understanding Lumentum's performance. Investors should refer to the furnished press release and presentation for specific financial metrics, guidance, and management commentary regarding the quarter's results and future outlook. The filing emphasizes that this information is furnished and not deemed 'filed' with the SEC, meaning it does not carry the same legal implications as a fully filed report under Section 18 of the Exchange Act, though it is still a key source of timely information.

Lumentum Holdings Inc. (LITE) announced a leadership transition in its accounting department via an 8-K filing on January 5, 2026. Chief Accounting Officer and Senior Vice President, Finance, Matthew Sepe, is planning to retire in the fall of 2026. Mr. Sepe will transition out of his Chief Accounting Officer role by February 6, 2026, or upon the filing of the Q4 2025 10-Q, whichever is later. This transition ensures continuity as the company prepares its upcoming financial reports.

Lumentum Holdings Inc. (LITE) has entered into a new $400.0 million senior secured revolving credit facility with Wells Fargo Bank, National Association, as administrative agent. This facility, effective December 19, 2025, matures on December 19, 2030, with provisions for an earlier maturity linked to existing convertible senior notes. The proceeds are intended for working capital and general corporate purposes, providing Lumentum with enhanced financial flexibility. The credit agreement includes customary covenants and financial tests, requiring Lumentum to maintain a secured net leverage ratio below 3.25:1.00 (with a potential step-up) and an interest coverage ratio of at least 3.00:1.00. The facility is secured by substantially all assets of the company and its material domestic subsidiaries. Notably, the agreement allows for unlimited incremental revolving commitments and term loans, subject to certain conditions, underscoring the company's potential for future growth and financing needs.

Lumentum Holdings Inc. (LITE) announced a significant change to its Board of Directors with the appointment of Thad Trent, effective December 15, 2025. Mr. Trent brings extensive financial leadership experience, notably as Executive Vice President and Chief Financial Officer at ON Semiconductor Corporation (onsemi) since 2021, and previously as CFO of Cypress Semiconductor Corporation. His addition to the Board, including his appointment to the Audit Committee, is expected to provide valuable financial oversight and strategic guidance to the company. Investors should note that Mr. Trent's background in the semiconductor industry is particularly relevant, given Lumentum's operational focus. His prior roles at onsemi and Cypress Semiconductor suggest a deep understanding of the financial complexities and market dynamics within this sector. The company will provide compensation to Mr. Trent in line with its established Outside Director Compensation Policy, details of which are available in its prior proxy statements. This appointment does not appear to be linked to any specific transactions or arrangements that require further disclosure under SEC regulations.

Lumentum Holdings Inc. (LITE) filed an 8-K report on November 24, 2025, detailing the outcomes of its 2025 Annual Meeting of Stockholders held on November 19, 2025. The primary focus of this filing is the stockholder approval of the 2025 Equity Incentive Plan, which was a key item requiring their consent. The report also provides details on director elections and advisory votes on executive compensation, all of which were conducted with high participation rates from shareholders. The 2025 Equity Incentive Plan, which was previously approved by the Board of Directors, has now received the necessary stockholder approval. This plan is crucial for incentivizing and retaining key employees and executives, aligning their interests with those of the shareholders. The filing indicates that the plan reserves shares of the Company's common stock for issuance, which is a standard mechanism for equity-based compensation. Investors should monitor how this plan is implemented and its impact on future share dilution and executive compensation.

Lumentum Holdings Inc. reported a significant turnaround in its financial performance for the three months ended September 27, 2025. The company shifted from a net loss of $(82.4) million in the prior year to a net income of $4.2 million. This improvement was driven by a substantial increase in net revenue, which grew by 58.4% to $533.8 million, fueled by strong demand for its Components products, particularly laser chips and assemblies supporting AI/ML and data center growth. The gross margin also saw a dramatic improvement, expanding from 23.1% to 34.0%, largely due to increased factory utilization and a favorable product mix. Financially, Lumentum strengthened its balance sheet by issuing $1.265 billion in convertible senior notes due 2032 and used a portion of the proceeds to repurchase existing convertible notes. This strategic move, combined with robust operating cash flow, significantly increased the company's cash and cash equivalents. While the company faces ongoing macroeconomic uncertainties and supply chain challenges, the strong revenue growth, improved profitability, and enhanced liquidity position signal a positive operational shift.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on November 4, 2025, to announce its financial results for the fiscal first quarter ended September 27, 2025. The company has also provided a slide presentation and a press release, both dated November 4, 2025, which are available on their investor relations website. Investors should note that this information is furnished and not deemed filed, meaning it does not carry the same legal implications under Section 18 of the Exchange Act as formally filed documents. While the specific financial figures and performance metrics are detailed within the furnished press release and presentation (Exhibit 99.1), this 8-K filing primarily serves as notification and access to these materials. Investors seeking a deeper understanding of Lumentum's performance, guidance, and strategic commentary will need to refer to the accompanying press release and presentation. The filing also includes the interactive data file in Inline XBRL format.

Lumentum Holdings Inc. (LITE) has filed an 8-K detailing the issuance of $1.265 billion in aggregate principal amount of 0.375% Convertible Senior Notes due 2032. This significant financing activity, aimed at strengthening the company's balance sheet and providing financial flexibility, was completed on September 8, 2025. The net proceeds of approximately $1.25 billion will be utilized for general corporate purposes, including potential debt repayment, capital expenditures, and acquisitions, following the repurchase of a substantial portion of its outstanding 0.50% Convertible Senior Notes due 2026. Key to this issuance is the convertible nature of the notes, which can be converted into Lumentum common stock under specific conditions, with an initial conversion price of approximately $187.77 per share. The company has also proactively entered into capped call transactions to mitigate potential dilution to existing shareholders upon conversion. This strategic move indicates management's focus on optimizing capital structure while maintaining flexibility for future growth initiatives.

Lumentum Holdings Inc. (LITE) reported a significant year-over-year increase in net revenue for fiscal year 2025, driven primarily by strong performance in its Cloud & Networking segment. This growth was fueled by increased demand from cloud and AI/ML customers and a recovery in demand from network equipment manufacturers. While the Cloud & Networking segment saw substantial revenue growth, the Industrial Tech segment experienced a decline in sales, largely due to increased competition in the consumer market for imaging and sensing products, partially offset by growth in laser products. The company also reported improved gross margins, benefiting from reduced excess and obsolete inventory charges and lower integration costs compared to the prior year. Despite a challenging macroeconomic environment and ongoing supply chain considerations, Lumentum's strategic focus on innovation and key end markets positions it for continued growth.

Lumentum Holdings Inc. (LITE) filed an 8-K on August 12, 2025, to report its financial results for the fourth quarter and full fiscal year ended June 28, 2025. The filing includes a press release and a slide presentation, both available on the company's investor website, detailing the company's performance and outlook. While specific financial figures are not provided in the 8-K text itself, the filing signifies the official release of these results to the public and the SEC. Investors should refer to the accompanying press release and presentation for detailed financial metrics, including revenue, profitability, and any forward-looking guidance. This report serves as the primary channel for communicating these crucial updates, which will inform investment decisions. The company also notes that the information furnished is not deemed 'filed' for certain legal purposes but is the official disclosure of their performance.

Lumentum Holdings Inc. (LITE) has filed an 8-K, announcing updated financial guidance for the quarter ending June 28, 2025, and revisions to its revenue outlook. This update is detailed in a presentation titled “Q4 FY25 Updated Outlook” dated June 3, 2025, which is attached as an exhibit. The company's management is scheduled to discuss these updated projections at the BofA Securities 2025 Global Technology Conference on June 4, 2025, including a fireside chat at 2:00 p.m. Pacific. Investors can access a live webcast and replay of this discussion via Lumentum's Investor Relations website. This filing is important as it provides investors with forward-looking information regarding Lumentum's performance expectations for the current quarter. The updated guidance and revenue outlook will likely influence investor sentiment and stock valuation. Investors should pay close attention to the details within the "Q4 FY25 Updated Outlook" presentation and the commentary provided by management during the conference to understand the drivers behind these revisions and their potential impact on future financial results.

Lumentum Holdings Inc. (LITE) reported a significant increase in net revenue for the third quarter of fiscal year 2025, driven primarily by its Cloud & Networking segment, which saw higher sales from network equipment manufacturers and cloud/AI/ML customers. The Industrial Tech segment also experienced growth in laser products, although imaging and sensing products faced increased competition. The company's gross margin substantially improved year-over-year, benefiting from a more favorable product mix, higher revenue, and reduced acquisition-related costs and excess capacity charges. Operationally, Lumentum's net loss improved compared to the prior year's comparable period, though it remained a net loss. The company's cash position strengthened, with an increase in cash and cash equivalents driven by positive operating and financing cash flows, despite increased capital expenditures. Management believes current liquidity is sufficient for at least the next 12 months. The company continues to manage its debt, with convertible notes remaining a significant portion of its long-term liabilities.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on May 6, 2025, to announce its financial results for the fiscal third quarter ended March 29, 2025. The report indicates that the company has provided an accompanying slide presentation and a press release containing these results, which are available on the investor relations section of their website. Investors should refer to the press release (Exhibit 99.1) for detailed financial performance information and management commentary. While this filing itself does not contain the specific financial figures, it serves as the official notification of the earnings release. The information furnished is intended to be informational and is not deemed 'filed' for purposes of certain sections of the Securities Exchange Act of 1934, which is a standard disclosure for such reports. Investors seeking details on revenue, profitability, guidance, and any strategic updates should consult the linked press release and presentation.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on February 6, 2025, detailing its financial results for the fiscal second quarter ended December 28, 2024. The company also made available a slide presentation and a press release, both dated February 6, 2025, on its investor relations website. These materials provide key financial and operational updates for the period, which investors will want to review to assess the company's performance and future outlook. The filing indicates that the information presented is furnished and not deemed "filed" for certain regulatory purposes, a standard disclosure for such reports.

Lumentum Holdings Inc. reported a net loss of $60.9 million for the three months ended December 28, 2024, which is an improvement compared to the $99.1 million net loss in the same period last year. Net revenue for the quarter increased by 9.7% year-over-year to $402.2 million, driven by a strong performance in the Cloud & Networking segment, which saw an 18.3% revenue increase. The Industrial Tech segment experienced a revenue decline of 21.3%, primarily due to increased competition in the consumer end-market. For the six-month period, the company also reported an improved net loss of $143.3 million compared to $167.0 million in the prior year. Net revenue for the six months increased by 8.0% to $739.1 million, with the Cloud & Networking segment growing by 20.4%. The Industrial Tech segment saw a significant 30.0% decrease in revenue. The company's gross margin improved substantially to 24.8% from 17.4% in the prior year's quarter, and from 20.6% to 24.0% for the six-month period, attributed to lower inventory charges and reduced acquisition-related costs. Financially, Lumentum ended the period with $479.7 million in cash and cash equivalents, and $417.0 million in short-term investments. The company's substantial long-term debt, primarily from convertible notes, remains a key financial consideration for investors.

Lumentum Holdings Inc. (LITE) announced a significant leadership transition in an 8-K filing dated February 3, 2025. Effective February 7, 2025, Michael Hurlston will assume the role of President and Chief Executive Officer, succeeding Alan Lowe. Mr. Hurlston brings extensive experience from leadership positions at Synaptics, Inc. and Finisar Corporation. The filing also provides preliminary unaudited financial information for the quarter ended December 28, 2024, though specific details are referenced in an attached press release and are furnished, not filed. Investors should note the comprehensive compensation package for Mr. Hurlston, including a substantial base salary, bonus targets, a significant signing bonus, and a multi-faceted equity award structure designed to incentivize long-term performance and retention. This includes time-based RSUs and performance-based RSUs tied to relative total shareholder return (rTSR) against the S&P 500 Information Technology Index. Concurrently, Alan Lowe will transition from his CEO role, remaining on the Board and serving as an advisor through December 2025, with specific severance and equity vesting terms outlined in his transition agreement.

Lumentum Holdings Inc. (LITE) announced a significant addition to its Board of Directors with the appointment of Paul Lundstrom, effective December 7, 2024. Mr. Lundstrom brings extensive financial leadership experience, most recently serving as CFO of Copeland and previously as CFO of Flex Ltd., where he played a key role in the Nextracker IPO and served on its board. His appointment to the Board, including the Audit Committee, is effective immediately and extends until the 2025 annual meeting. This strategic addition is likely to enhance the board's financial oversight and expertise. Investors will want to note Mr. Lundstrom's track record in complex financial transactions and his tenure at prominent companies within the technology and industrial sectors. His compensation will align with the company's established outside director compensation policy.

Lumentum Holdings Inc. (LITE) filed an 8-K on November 22, 2024, detailing the results of its 2024 Annual Meeting of Stockholders held on November 20, 2024. A key outcome was the stockholder approval to amend and extend the Amended and Restated 2015 Equity Incentive Plan for an additional year, now expiring on June 23, 2026. This extension is significant as it allows for continued equity-based compensation for employees and executives, a common practice for technology companies to attract and retain talent. The filing also reported the voting results on various proposals, including the election of directors, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as the independent auditor. All director nominees were elected with substantial support, and the executive compensation plan received advisory approval. The ratification of the independent auditor also passed with overwhelming support. These outcomes suggest continued confidence from shareholders in the company's governance and management.

Lumentum Holdings Inc. reported a net loss of $82.4 million, or $1.21 per share, for the three months ended September 28, 2024. This compares to a net loss of $67.9 million, or $1.02 per share, in the same period last year. Net revenue increased by 6.1% to $336.9 million, driven by a significant rise in the Cloud & Networking segment, largely due to AI/ML demand and the Cloud Light acquisition. However, the Industrial Tech segment saw a substantial revenue decline. The company's gross margin decreased year-over-year, impacted by a less profitable product mix, including higher sales of AI/ML-related products, and lower factory utilization. Despite the net loss, the company's cash and cash equivalents increased, reflecting positive operating and financing activities.

Lumentum Holdings Inc. (LITE) has filed an 8-K to report its financial results for the fiscal first quarter ended September 28, 2024. The report primarily serves to announce that the company released its earnings via a press release and accompanying presentation on November 7, 2024. While the 8-K itself does not contain the detailed financial figures, it directs investors to the company's website where the "Q1 FY25 Conference Call" slide presentation and a press release titled "Lumentum Announces Fiscal First Quarter 2025 Financial Results" are available. These documents will contain the operational and financial condition updates investors are seeking.

Lumentum Holdings Inc. (LITE) reported a significant revenue decline of 23.1% to $1.36 billion for the fiscal year ended June 29, 2024, largely driven by a substantial drop in its Cloud & Networking segment (down 18.0%) and Industrial Tech segment (down 38.3%). This decline is attributed to a prolonged customer inventory correction following pandemic-related supply chain shortages and, for the Cloud & Networking segment, the impact of U.S. export restrictions. The company experienced a significant gross margin contraction from 32.2% to 18.5% due to lower revenue, manufacturing underutilization, and integration costs, resulting in a net loss of $546.5 million for the year. Despite the challenging fiscal year, Lumentum completed the acquisition of Cloud Light Technology Limited in November 2023, which contributed $199.5 million in revenue. The company is strategically focused on its Cloud & Networking segment, which now represents nearly 80% of total revenue, driven by AI/ML and cloud data center demands. While the current fiscal year presented significant headwinds, Lumentum's long-term strategy remains focused on innovation and growth in high-demand areas, supported by its strong market positions in optical and photonic technologies.

This 8-K filing from Lumentum Holdings Inc. (LITE) primarily serves to furnish their press release detailing results for the fiscal fourth quarter and full year ended June 29, 2024. The report highlights that the company has officially released its financial performance for the period. Investors should refer to the press release, titled “Lumentum Announces Fiscal Fourth Quarter and Full Year 2024 Results,” dated August 14, 2024, which is attached as Exhibit 99.1, for comprehensive details on the financial outcomes and operational performance. The company has also made a slide presentation available on its investor relations website. While this 8-K itself doesn't contain the detailed financial figures, it directs investors to the furnished press release and presentation. Therefore, the core information of interest, such as revenue, profitability, segment performance, and forward-looking guidance, will be found within those supplementary materials. Investors are encouraged to review these documents for a complete understanding of Lumentum's recent financial condition and results.

Lumentum Holdings Inc. (LITE) filed an 8-K on August 14, 2024, to report its fiscal fourth quarter and full year results for the period ended June 29, 2024. The company also released a slide presentation alongside its earnings, available on their investor relations website. This filing serves as a notification of these financial results and does not constitute a formal 'filing' under certain SEC regulations, meaning it's primarily for informational purposes regarding the reported period's performance. Investors should refer to the furnished press release (Exhibit 99.1) for detailed financial information and operational updates. The key takeaway for investors is the announcement of the company's performance for its fiscal year and the preceding quarter. While the specific financial figures are not detailed within the 8-K itself, the filing directs stakeholders to the accompanying press release and presentation for comprehensive earnings data, guidance, and management commentary. This is a standard procedure for many public companies to disseminate timely financial information.

Lumentum Holdings Inc. (LITE) reported a challenging third quarter of fiscal year 2024, with a significant year-over-year decrease in net revenue to $366.5 million, down 4.4% from $383.4 million in the prior year period. This decline was primarily driven by a substantial 41.7% drop in revenue from the Industrial Tech segment and a 19.9% decrease in the Cloud & Networking segment compared to the nine-month period ended April 1, 2023. Gross margin also saw a substantial decline, falling to 16.2% from 29.2% in the same period last year, impacted by lower sales of telecom products, abnormal excess capacity charges, and higher amortization expenses. The company reported a net loss of $127.0 million ($1.88 per diluted share) for the quarter, a significant deterioration from a net loss of $39.3 million ($0.57 per diluted share) in the prior year quarter. This widening net loss reflects the lower revenue, reduced gross profit, and continued investments in operating expenses, including a notable increase in restructuring and related charges. Management cited customer inventory management actions, reduced demand, and market share normalization as key drivers for the revenue decline. The company also continues to manage the integration of acquisitions, notably Cloud Light, which contributed to increased amortization expenses. Despite the current headwinds, Lumentum highlighted growth in cloud applications within the Cloud & Networking segment. Investors should monitor the company's ability to navigate macroeconomic challenges and customer inventory cycles, as well as the impact of ongoing restructuring efforts on future profitability.

Lumentum Holdings Inc. (LITE) filed an 8-K on May 6, 2024, to report its financial results for the fiscal third quarter ended March 30, 2024. The filing primarily consists of a press release and a slide presentation detailing these results. Investors should note that the information furnished in this 8-K is considered "furnished" and not "filed" under SEC regulations, meaning it doesn't carry the same liability as a formally filed document. The company has also made these materials available on its investor relations website.

Lumentum Holdings Inc. (LITE) announced on February 27, 2024, that its Senior Vice President, General Counsel, and Secretary, Judy G. Hamel, will be retiring from her roles as General Counsel and Secretary. This decision is effective following the appointment of her successor, and importantly, her retirement is stated as not being due to any disagreement with the Company. Ms. Hamel will continue her employment for a transitional period to ensure a smooth handover of her responsibilities. Investors should monitor future filings for the announcement of her successor and assess the impact of this leadership change on the company's legal and governance functions. The company has indicated no specific timeline for the successor appointment, but the continued employment of Ms. Hamel suggests a structured transition process is underway.

Lumentum Holdings Inc. (LITE) reported its fiscal second quarter 2024 results on February 8, 2024. While the provided 8-K filing primarily serves to furnish the earnings press release and investor presentation, it signifies the official disclosure of the company's financial performance for the quarter ended December 30, 2023. Investors should refer to the press release (Exhibit 99.1) and the accompanying slide presentation for detailed financial figures, operational updates, and forward-looking guidance. Key information typically found in these accompanying documents would cover revenue, profitability metrics, segment performance (likely Optical Communications and Commercial Lasers), and management's outlook for the upcoming quarters. Given the nature of this filing, it's crucial for investors to access and analyze the actual press release and presentation to understand Lumentum's current financial health and future prospects.

Lumentum Holdings Inc. (LITE) reported a significant year-over-year decline in net revenue for the second quarter of fiscal year 2024, down 27.5% to $366.8 million. This revenue decrease was driven by both segments: Cloud & Networking (down 25.1%) and Industrial Tech (down 34.9%). The company attributed these declines primarily to customer inventory management actions, market competition, and a less favorable product mix. Consequently, gross margins contracted sharply to 17.4% from 32.8% in the prior year period, impacted by lower volumes, underutilization of manufacturing capacity, and elevated excess and obsolete inventory charges, particularly due to U.S. trade restrictions. The company reported a substantial net loss of $99.1 million for the quarter, a significant increase from the $31.7 million net loss in the same period last year. This was driven by lower gross profit and increased operating expenses, including research and development, as a percentage of revenue. The acquisition of Cloud Light in November 2023 contributed $59.5 million in revenue but also added to integration costs and R&D expenses. Despite the challenging revenue environment, Lumentum ended the quarter with $469.3 million in cash and cash equivalents, and its cash flow from operations was nearly breakeven ($3.8 million used), indicating a focus on managing cash amidst the downturn.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on January 18, 2024, primarily to furnish financial information related to the acquisition of Cloud Light. This filing includes audited consolidated financial statements for Cloud Light for the fiscal year ended March 31, 2023, and unaudited condensed consolidated financial statements for the three months ended June 30, 2023. These documents are crucial for investors to understand the financial health and performance of the acquired entity prior to its integration with Lumentum. Furthermore, the report provides unaudited pro forma condensed combined financial information, presenting the combined entity's financial position and results of operations as if the merger had occurred at specific prior dates. This pro forma data allows investors to assess the potential financial impact of the acquisition on Lumentum's consolidated statements and to evaluate the combined business's historical performance on a comparable basis. The filing also includes the consent of Cloud Light's independent auditors, KPMG, as an exhibit.

Lumentum Holdings Inc. (LITE) filed an 8-K on November 21, 2023, reporting on its 2023 Annual Meeting of Stockholders held on November 17, 2023. The key takeaway for investors is the stockholder approval of an amendment to the Amended and Restated 2015 Equity Incentive Plan, which increases the number of shares reserved for issuance by an additional 3,000,000. This action is crucial for the company's ability to incentivize and retain talent through equity awards, which can impact future growth and performance. The filing also details the voting results on various proposals, including the election of directors, advisory votes on executive compensation, and the frequency of future advisory votes. All director nominees were elected with significant support, and stockholders approved the independent registered public accounting firm. The advisory vote on executive compensation received a mixed result, with a slight majority voting against, highlighting a potential area of concern for investors regarding pay practices.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on November 8, 2023, to announce its financial results for the fiscal first quarter ended September 30, 2023. The report primarily directs investors to a press release and a slide presentation, both furnished as exhibits, which contain the detailed financial and operational performance information for the quarter. Investors should refer to these supplementary materials for a comprehensive understanding of the company's performance, outlook, and any forward-looking statements made by management. The company has furnished, rather than filed, the information contained within this 8-K and its exhibits. This distinction is important as it means the information is not subject to the liabilities under Section 18 of the Securities Exchange Act of 1934. However, investors are encouraged to review the furnished press release and presentation for key metrics and management commentary that will inform their investment decisions regarding Lumentum.

Lumentum Holdings Inc. reported a significant decline in net revenue for the three months ended September 30, 2023, down 37.3% year-over-year to $317.6 million. This downturn was primarily driven by a substantial decrease in demand across both the Cloud & Networking and Industrial Tech segments, attributed to customers managing their inventory levels. Consequently, the company posted a net loss of $67.9 million, or $1.02 per diluted share, a considerable change from the modest net loss of $0.4 million in the prior year period. The company highlighted increased inventory excess and obsolescence charges, factory underutilization due to lower demand, and a less favorable product mix as key contributors to the sharp decline in gross margin to 24.1% from 39.7% in the comparable prior year quarter. Despite the challenging revenue environment, Research and Development expenses remained stable, indicating continued investment in future products. Management has also recently completed the acquisition of Cloud Light Technology Limited for approximately $750 million, aiming to strengthen its position in AI/ML and cloud networking markets.

Lumentum Holdings Inc. (LITE) has officially completed its acquisition of Cloud Light on November 7, 2023. This significant event, referred to as the Merger, marks a key strategic move for Lumentum. The transaction involved the cancellation of Cloud Light's outstanding shares and vested options, which were converted into cash consideration. Additionally, Lumentum will assume Cloud Light's equity incentive plan, converting outstanding and unvested options into Lumentum common stock options. This acquisition is expected to bolster Lumentum's market position and technological capabilities, though investors should remain mindful of the forward-looking statements and associated risks outlined in the filing.

Lumentum Holdings Inc. (LITE) has announced a significant strategic move through a definitive Agreement and Plan of Merger, entering into an agreement to acquire Cloud Light Optoelectronics Limited for an aggregate consideration of $750 million, subject to customary adjustments. This acquisition is structured as a merger where Lumentum's subsidiary, Crius Merger Sub Inc., will merge with Cloud Light, with Cloud Light continuing as a wholly-owned subsidiary of Lumentum. The transaction has received unanimous approval from the boards of Lumentum and Cloud Light, as well as Cloud Light's shareholders, and does not require a vote from Lumentum's stockholders. The deal is expected to close subject to customary conditions, including regulatory approvals such as the HSR waiting period, and a final closing date on or before April 29, 2024, with a potential extension. The acquisition is financed through cash consideration for Cloud Light's shares and options, with Lumentum also assuming Cloud Light's equity incentive plan and converting unvested options into Lumentum stock options. The agreement includes customary representations, warranties, covenants, and indemnification provisions, with a $75 million escrow fund to secure indemnification obligations. This acquisition signals Lumentum's intent to expand its capabilities and market presence.

Lumentum Holdings Inc. (LITE) reported its fiscal year 2023 results, showcasing a 3.2% increase in net revenue year-over-year, reaching $1.77 billion. This growth was primarily driven by the Optical Communications (OpComms) segment, bolstered by the acquisition of NeoPhotonics and improved supply chain conditions compared to the previous year. The Lasers segment also saw a healthy increase in revenue. However, the company experienced a significant decline in gross margin to 32.2% from 46.0% in the prior year. This was largely attributed to a less favorable product mix within OpComms, higher amortization expenses following recent acquisitions, increased component procurement costs, and inventory adjustments. Despite revenue growth, the company reported a net loss of $131.6 million for fiscal year 2023, a substantial decrease from a net income of $198.9 million in fiscal year 2022, impacted by integration costs, increased R&D, and SG&A expenses, along with the aforementioned gross margin pressures. Lumentum's strategic focus remains on technology leadership and market expansion, with ongoing investments in R&D. The company completed two key acquisitions in fiscal 2023: NeoPhotonics Corporation and IPG Photonics' telecom transmission product lines, aimed at strengthening its position in high-growth markets like cloud and telecom network infrastructure. Despite the profitability challenges in the current year, Lumentum is positioned to benefit from long-term trends in data growth and digitalization.

Lumentum Holdings Inc. (LITE) has filed an 8-K on August 17, 2023, reporting its fiscal fourth quarter and full year results for the period ended July 1, 2023. The company also released a slide presentation alongside its press release, which is furnished as an exhibit. While the specific financial figures are not detailed in the provided text of the 8-K itself, these documents are crucial for investors to assess the company's recent financial performance and its outlook. The filing indicates that the full results and presentation are available on Lumentum's investor relations website, which is the primary source for detailed financial data and management commentary. Investors should pay close attention to the information contained in the furnished press release and slide presentation for a comprehensive understanding of Lumentum's performance. This includes key financial metrics, any guidance provided for future periods, and strategic updates. The filing serves as an official notification of these results and underscores the importance of reviewing the supplementary materials for actionable insights into the company's operational and financial health.

Lumentum Holdings Inc. (LITE) announced a significant financing event via an 8-K filing on June 16, 2023. The company successfully closed on a $603.75 million offering of 1.50% Convertible Senior Notes due 2029. This offering was upsized from the initial $500 million, demonstrating strong investor demand. The net proceeds are primarily intended for general corporate purposes, which may include debt repayment, capital expenditures, and potential acquisitions. A portion of the proceeds was used to repurchase existing convertible notes and to buy back its own common stock, indicating a strategic move to manage its capital structure and potentially reduce dilution from future conversions.

Lumentum Holdings Inc. (LITE) has filed an 8-K report on May 9, 2023, to announce its financial results for the fiscal third quarter ended April 1, 2023. The report primarily serves to furnish the company's press release and a slide presentation containing these results. While specific financial figures are not detailed within the 8-K itself, these documents, available on Lumentum's investor relations website, provide the disclosed operational and financial performance for the quarter. Investors should refer to the furnished press release (Exhibit 99.1) for detailed earnings information, revenue figures, profitability metrics, and any forward-looking guidance. The company also notes that the information is furnished and not deemed "filed" for purposes of certain sections of securities law, a standard disclosure practice.

Lumentum Holdings Inc. reported a net loss of $39.3 million, or $0.57 per diluted share, for the third quarter of fiscal year 2023, a significant shift from the net income of $26.0 million, or $0.35 per diluted share, reported in the same quarter last year. This downturn was primarily driven by a substantial decrease in gross margin, which fell to 29.2% from 42.3% year-over-year. The company cited a less profitable product mix, particularly in the OpComms segment, alongside increased inventory charges, amortization of acquired intangibles, and higher incremental supply costs as key factors impacting profitability. Despite the quarterly loss, Lumentum's nine-month performance showed a year-over-year revenue increase of 8.2% to $1,396.2 million, largely fueled by the NeoPhotonics acquisition. However, the gross margin for the nine-month period also contracted significantly, decreasing to 34.3% from 47.0%. Management highlighted ongoing supply chain constraints and customer inventory management as contributing factors to current market conditions and ordering patterns. The company's balance sheet reflects continued investment in acquisitions, with goodwill increasing substantially.

Lumentum Holdings Inc. (LITE) announced preliminary financial results for its fiscal third quarter ended April 1, 2023, via a press release filed on April 6, 2023. While specific financial figures for the quarter were not detailed in the 8-K filing itself, the accompanying press release (Exhibit 99.1) is the primary source of this preliminary information. Investors should refer to this exhibit for revenue and profitability expectations for the period. In addition to the preliminary financial results, Lumentum also announced a significant increase and extension of its share repurchase program. The authorization for share repurchases has been boosted to an aggregate of $1.2 billion and extended through May 2025. This signals management's confidence in the company's financial health and its commitment to returning capital to shareholders. The company indicated it expects to fund these repurchases from its existing cash balance.

Lumentum Holdings Inc. (LITE) announced a key change to its Board of Directors with the appointment of Pamela Fletcher, effective February 22, 2023. Ms. Fletcher brings significant experience in innovation, sustainability, and automotive electrification from her leadership roles at Delta Air Lines and General Motors. Her appointment, particularly to the Audit Committee, suggests a strategic strengthening of the board's oversight capabilities in areas critical to modern corporate governance and future-oriented strategies. This addition to the board is notable for its focus on expertise relevant to evolving industry demands and corporate responsibility. Investors should view this as a positive step towards enhancing board diversity of thought and experience. Ms. Fletcher's compensation will follow the company's established outside director policy, and she will enter into the standard indemnification agreement, indicating a routine and well-governed onboarding process.

Lumentum Holdings Inc. (LITE) filed an 8-K on February 9, 2023, to report its financial results for the fiscal second quarter ended December 31, 2022. The company also made available a slide presentation and a press release detailing these results. Investors should note that the information provided in this filing is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act, and is not incorporated by reference into other SEC filings unless expressly stated. While the 8-K itself primarily serves to inform the market about the release of the financial results, the actual financial performance details are contained within the accompanying press release and presentation. These documents would typically provide key metrics such as revenue, earnings per share (EPS), and guidance for the upcoming quarter, which are crucial for investors to assess the company's performance and outlook.

Lumentum Holdings Inc. reported a net loss of $31.7 million, or $0.46 per diluted share, for the fiscal second quarter ended December 31, 2022. This marks a significant decline from the net income of $56.7 million, or $0.75 per diluted share, recorded in the same period last year. The decrease in profitability was primarily driven by a substantial rise in operating expenses, including increased R&D and SG&A costs, largely due to the integration of recent acquisitions, notably NeoPhotonics. Furthermore, the company experienced a significant decrease in gross margin to 32.8% from 46.5% year-over-year, impacted by a less favorable product mix, higher amortization expenses from intangible assets, and charges related to acquiring components amid supply chain constraints. Despite the quarterly loss, Lumentum's net revenue saw a healthy increase of 13.3% to $506.0 million, driven by growth in its Optical Communications (OpComms) segment, particularly from the contribution of NeoPhotonics. The Commercial Lasers segment also contributed with a 16.0% revenue increase. However, the company's financial performance was weighed down by substantial operating expenses and a lower gross margin. Management highlighted ongoing supply chain challenges and incremental procurement costs as factors affecting profitability. Investors should monitor the company's ability to manage integration costs, improve gross margins, and navigate persistent supply chain issues in the upcoming quarters.

Lumentum Holdings Inc. (LITE) filed an 8-K on November 21, 2022, detailing the outcomes of its 2022 Annual Meeting of Stockholders held on November 16, 2022. The primary focus of the report is the stockholder approval of amendments to the Amended and Restated 2015 Equity Incentive Plan (the "2015 Plan"). These amendments include an increase in the number of shares reserved for issuance by 900,000 and provisions allowing awards to continue vesting after a participant's termination under certain conditions like death, disability, or retirement. The meeting also saw the election of directors, with all nominees receiving strong support, and advisory approval of executive compensation, which passed with a majority of votes cast. Furthermore, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the period ending July 1, 2023, was ratified. The high turnout of 88.9% of outstanding shares eligible to vote indicates significant shareholder engagement.