$LITE Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $808M (Est. $809M) 🟡; +90% YoY 🔹 EPS: $2.37 (Est. $2.27) 🟢; +316% YoY 🔹 Gross Margin: 47.9% (Est. 45.2%) 🟢 🔹 Operating Margin: 32.2% 🔹 Cash, Cash Equivalents & Short-Term Investments: $3,172.3M Q4 FY26 Guide: 🔹 Revenue: $960M (Est. $935M) 🟢; +100% YoY 🔹 EPS: $2.85-$3.05 (Est. $2.74) 🟢; +1% to +8% YoY 🔹 Operating Margin: 35.0%-36.0% Other Metrics: 🔹 Series A Convertible Preferred Stock Issuance: Contributed approximately $2.0B to cash in March 2026 🔹 Acquisition: Business acquired in March 2026, details not disclosed 🔹 Restructuring Charges: $1.1M in Q3 FY2026 related to reduction in force 🔹 Cloud Light Escrow Settlement: $27.5M completed during nine months ended March 28, 2026 Commentary: 🔸 “Lumentum delivered an exceptional third quarter, with revenue growing 90% year over year to a record $808 million.” 🔸 “While our top line growth continues to garner headlines, the more impressive part of our recent performance has been our margin expansion.” 🔸 “In fiscal Q3, gross margin improved by 540 basis points on quarter and operating margin by 700 basis points.”