Zhitong Finance App learned that optical communication device manufacturer Lumentum (LITE.US) has brought forward the financial report for the first quarter of fiscal year 2027, which was originally scheduled to be released after the market on November 5, until the US stock market on November 2 due to the official announcement that it was acquired by Maywell Technology (MRVL.US) on the same day. Financial reports showed that revenue for the quarter was $1,263 million, up 136.5% year over year, slightly higher than market expectations of about $1.25 billion; non-GAAP diluted earnings per share were $4.57, higher than the forecast of about $4.2 billion.
Zhitongcaijing · 2d ago
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Zhitong Finance App learned that optical communication device manufacturer Lumentum (LITE.US) has brought forward the financial report for the first quarter of fiscal year 2027, which was originally scheduled to be released after the market on November 5, until the US stock market on November 2 due to the official announcement that it was acquired by Maywell Technology (MRVL.US) on the same day. Financial reports showed that revenue for the quarter was $1,263 million, up 136.5% year over year, slightly higher than market expectations of about $1.25 billion; non-GAAP diluted earnings per share were $4.57, higher than the forecast of about $4.2 billion.
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