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Lumentum Holdings Inc. - Common Stock (LITE)

65.40
-1.94 (-2.88%)

Lumentum Holdings is a technology company that specializes in developing innovative optical and photonic solutions

Its products are primarily used in the fields of telecommunications, creating essential components for high-speed fiber-optic networks, as well as in industrial and consumer applications. The company focuses on producing lasers, optical sensors, and other advanced technologies that enable high-performance communications, as well as precision manufacturing and consumer electronics. By leveraging cutting-edge research and development, Lumentum aims to drive advancements in connectivity and imaging, supporting a wide range of industries with its essential components and systems.

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Lumentum to Host Investor Briefing at OFC 2025
Lumentum Holdings Inc. ("Lumentum") today announced that company management will host an investor briefing during the 2025 Optical Fiber Communication Conference and Exhibition (OFC). This briefing is scheduled for Tuesday, April 1, 2025, from 10:00 to 11:30 a.m. PT.
By Lumentum · Via Business Wire · March 3, 2025
Lumentum Announces Upcoming Investor Events
Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events in the coming weeks.
By Lumentum · Via Business Wire · February 26, 2025
Lumentum Announces Inducement Grants to President and CEO Under Listing Rule 5635(c)(4) of The Nasdaq Stock Market
Lumentum Holdings Inc. (“Lumentum” or the “Company”), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that on February 7, 2025, it granted to Michael Hurlston, Lumentum’s recently appointed President and Chief Executive Officer, the following equity awards: (i) restricted stock units (“RSUs”) covering 103,684 shares of Lumentum’s common stock that will vest as to 1/3 of the award on the one year anniversary of the grant date and as to the remaining 2/3 of the award in substantially equal quarterly installments over the subsequent eight calendar quarters, subject to Mr. Hurlston remaining employed with the Company through the relevant vesting date (the “Initial Time Based RSUs”), (ii) time and performance based RSUs (“PSUs”) covering 11,520 shares of Lumentum’s common stock and 11,520 shares of Lumentum’s common stock (assuming target level of performance achievement, provided that actual achievement could result in a payout of 0% or between 50% and 200% of this amount), respectively, on the same terms as the grants made to the Company’s executive officers for the fiscal year 2025 to 2027 performance period, that will vest with respect to the time-based RSUs beginning on the one year anniversary of the grant date and quarterly thereafter, provided that all unvested time-based RSUs will vest at the same time as the date on which the time-based RSUs granted to the management team under the same fiscal year 2025 to 2027 program vest, and will vest with respect to the PSUs subject to achievement to specified goals for the performance period, and subject to Mr. Hurlston’s continued employment with Lumentum through the applicable determination date, and (iii) PSUs (“rTSR PSUs”) covering 161,287 shares of Lumentum’s common stock (assuming target level of performance achievement) that are eligible to vest subject to Lumentum’s total shareholder return (“TSR”) performance as compared to the S&P 500 Information Technology (Sector) Index (the “Index”) over the period beginning on the first trading day on or following the grant; with vesting of any earned award, and subject to Mr. Hurlston’s continued employment with Lumentum through the applicable determination date.
By Lumentum · Via Business Wire · February 13, 2025
Lumentum Announces Fiscal Second Quarter 2025 Financial Results
Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal second quarter ended December 28, 2024.
By Lumentum · Via Business Wire · February 6, 2025
Lumentum Announces Leadership Transition
Lumentum Holdings Inc. (“Lumentum” or the “Company”), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that Michael Hurlston has been appointed President and Chief Executive Officer and as a Director of the Company, effective February 7. Hurlston succeeds Alan Lowe, who has served as the Company’s President and CEO since 2015. Lowe will continue to serve on Lumentum’s Board of Directors and as an advisor to the Company.
By Lumentum · Via Business Wire · February 3, 2025
Lumentum Secures Approval for Near- and Long-Term Greenhouse Gas Emissions Reduction Targets from the Science-Based Targets Initiative
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, announced today that its near-term and net-zero science-based targets for greenhouse gas (GHG) emissions have been approved by the Science-Based Targets initiative (SBTi). This approval highlights the company’s ambitious goals to reduce GHG emissions based on the latest climate science and in alignment with the objectives of its key customers, including cloud data center and artificial intelligence infrastructure providers.
By Lumentum · Via Business Wire · January 28, 2025
Lumentum to Announce Fiscal Second Quarter 2025 Financial Results on February 6, 2025
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2025 financial results on Thursday, February 6, 2025, after the market closes.
By Lumentum · Via Business Wire · January 22, 2025
Lumentum Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, announced today that it has received a perfect score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index, the nation’s foremost benchmarking survey and report, measuring corporate policies and practices related to LGBTQ+ workplace equality.
By Lumentum · Via Business Wire · January 7, 2025
Lumentum Appoints New Board Member
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent.
By Lumentum · Via Business Wire · December 12, 2024
Lumentum TrueFlex® WSS Wins 2024 Pipeline Award for Innovation in Network Technology
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today that its TrueFlex® Contentionless Twin 16x24 Wavelength Selective Switch (WSS) has won the 2024 Pipeline Innovation Award for Innovation in Network Technology. Lumentum also earned runner-up honors in the categories of Innovation in Network Transformation and Innovation in Network Management.
By Lumentum · Via Business Wire · November 19, 2024
Lumentum Announces Upcoming Investor Events
Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events:
By Lumentum · Via Business Wire · November 18, 2024
Lumentum Announces Fiscal First Quarter 2025 Financial Results
Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal first quarter ended September 28, 2024.
By Lumentum · Via Business Wire · November 7, 2024
Lumentum Releases Fiscal 2024 Corporate Sustainability Report
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced publication of its fourth annual Fiscal 2024 Corporate Sustainability Report, showcasing the company's environmental, social, and governance achievements.
By Lumentum · Via Business Wire · November 4, 2024
Lumentum to Announce Fiscal First Quarter 2025 Financial Results on November 7, 2024
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal first quarter 2025 financial results on Thursday, November 7, 2024, after the market closes.
By Lumentum · Via Business Wire · October 15, 2024
Lumentum Showcases Enhanced Photonic Innovations for AI-Driven, Next-Generation Networks at ECOC 2024
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today its participation in the European Conference on Optical Communication (ECOC) 2024 in Frankfurt, Germany, from September 23 – 25. At Stand #A24, Lumentum will showcase its latest photonic solutions, reinforcing its commitment to powering the artificial intelligence (AI) revolution through unparalleled speed, scalability, and energy efficiency.
By Lumentum · Via Business Wire · September 19, 2024
Lumentum Announces Fiscal Fourth Quarter and Full Year 2024 Results
Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal fourth quarter and full year ended June 29, 2024.
By Lumentum · Via Business Wire · August 14, 2024
Lumentum to Announce Fiscal Fourth Quarter 2024 Financial Results on August 14, 2024
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal fourth quarter 2024 financial results on Wednesday, August 14, 2024, after the market closes.
By Lumentum · Via Business Wire · July 31, 2024
Lumentum Announces Upcoming Investor Events
Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events:
By Lumentum · Via Business Wire · May 15, 2024
Lumentum Announces Fiscal Third Quarter 2024 Financial Results
Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal third quarter ended March 30, 2024.
By Lumentum · Via Business Wire · May 6, 2024
Lumentum Awarded Platinum EcoVadis Medal for Second Consecutive Year
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced that it has received the EcoVadis Platinum Medal for the second consecutive year, representing the highest level of recognition for sustainability performance. Lumentum remains in the top one percent of companies assessed by EcoVadis in the past year, increasing its overall score from 78 to 80 points. In the environmental category, the company increased its score by 10 points from last year. Medals are awarded based on the percentile rank of a company compared to the performance of all rated companies.
By Lumentum · Via Business Wire · April 22, 2024
Lumentum to Announce Fiscal Third Quarter 2024 Financial Results on May 6, 2024
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal third quarter 2024 financial results on Monday, May 6, 2024, after the market closes.
By Lumentum · Via Business Wire · April 22, 2024
Lumentum Enhances Performance in 800ZR+ Transceivers for Broader Applications
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced significant performance enhancements to its 800ZR+ transceivers. These improvements enable the 800ZR+ modules to serve a wider range of applications, including expanded use in metro and regional networks through the ability to interface directly into routers. Additionally, the enhanced performance modes now make 400ZR+ and 600ZR+ operation suitable for true long-haul applications, with OSNR and dispersion tolerance enabling reaches exceeding 2000 km at 400 Gbps. Lumentum’s 800ZR+ transceivers were recently recognized in the 2024 Lightwave Innovation Review Awards and will be demonstrated in a 400 km+ amplified link in booth #2613 at the Optical Fiber Communication Conference (OFC) in San Diego, California.
By Lumentum · Via Business Wire · March 26, 2024
Lumentum Unveils Breakthrough Innovations and Demonstrations at OFC 2024
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, introduced today the latest additions to its comprehensive suite of photonic products at the 2024 Optical Fiber Communication Conference (OFC) in San Diego, California. Lumentum’s innovations are designed to accelerate the speed, efficiency, and scalability of cloud, artificial intelligence (AI), and networking applications. Lumentum will showcase its products and host demonstrations of its photonic technologies at booth #2613 in Hall E, near the OFC registration entrance and in various partner booths.
By Lumentum · Via Business Wire · March 25, 2024
Lumentum Thought Leaders to Present on Leading Edge Innovations and the Role of Photonics in AI Data Centers at OFC 2024
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today that its experts will contribute to technical sessions, presentations, and panel discussions at the Optical Fiber Communication Conference (OFC) being held in San Diego, California from March 26 - 28, 2024. Alan Lowe, CEO and President of Lumentum, will take part in the Optica Executive Forum’s CEO Panel at OFC, discussing the evolution and future of the industry.
By Lumentum · Via Business Wire · March 22, 2024
Lumentum Appoints Jae Kim as Senior Vice President, General Counsel and Secretary
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Jae Kim as Senior Vice President, General Counsel and Corporate Secretary, reporting to Alan Lowe, President and Chief Executive Officer. In this role, Kim will be responsible for leading Lumentum’s Legal department, including Corporate Affairs, Commercial Transactions, Trade Compliance, and Intellectual Property. He will also be responsible for Facilities, Real Estate and Security.
By Lumentum · Via Business Wire · March 4, 2024