$LITE shares saw volatile after-hours trading, initially falling >5%, then swinging to a >5% gain before briefly turning lower again.
Fundamentals remained strong: FY26 Q4 revenue reached $ 1.01bn (+109% YoY), ahead of consensus, while the F1Q27 outlook came in well above expectations. Revenue guidance of $1.23–1.28bn implies a midpoint >8% above consensus, while adjusted EPS guidance of $4.05–4.35 is >16% above, with non-GAAP operating margin guided toward ~40%.
Management also reiterated that key CPO customers remain on track for mass production, with ultra-high-power laser ramp progressing smoothly and volumes expected to grow further in 2027.
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