Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
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$LITE Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $808M (Est. $809M) ๐ŸŸก; +90% YoY ๐Ÿ”น EPS: $2.37 (Est. $2.27) ๐ŸŸข; +316% YoY ๐Ÿ”น Gross Margin: 47.9% (Est. 45.2%) ๐ŸŸข ๐Ÿ”น Operating Margin: 32.2% ๐Ÿ”น Cash, Cash Equivalents & Short-Term Investments: $3,172.3M Q4 FY26 Guide: ๐Ÿ”น Revenue: $960M (Est. $935M) ๐ŸŸข; +100% YoY ๐Ÿ”น EPS: $2.85-$3.05 (Est. $2.74) ๐ŸŸข; +1% to +8% YoY ๐Ÿ”น Operating Margin: 35.0%-36.0% Other Metrics: ๐Ÿ”น Series A Convertible Preferred Stock Issuance: Contributed approximately $2.0B to cash in March 2026 ๐Ÿ”น Acquisition: Business acquired in March 2026, details not disclosed ๐Ÿ”น Restructuring Charges: $1.1M in Q3 FY2026 related to reduction in force ๐Ÿ”น Cloud Light Escrow Settlement: $27.5M completed during nine months ended March 28, 2026 Commentary: ๐Ÿ”ธ โ€œLumentum delivered an exceptional third quarter, with revenue growing 90% year over year to a record $808 million.โ€ ๐Ÿ”ธ โ€œWhile our top line growth continues to garner headlines, the more impressive part of our recent performance has been our margin expansion.โ€ ๐Ÿ”ธ โ€œIn fiscal Q3, gross margin improved by 540 basis points on quarter and operating margin by 700 basis points.โ€
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