Lumentum Reports Q1 Fiscal 2027 Results with Earnings and Revenue Beats
Lumentum (LITE) reported first-quarter fiscal 2027 results that exceeded market expectations on both the top and bottom lines. The company posted non-GAAP earnings per share of $4.57, surpassing estimates by $0.35, while revenue reached $1.26 billion, a significant 136% increase year-over-year and a $10 million beat against projections. Looking ahead to the second quarter of fiscal 2027, Lumentum provided optimistic guidance, forecasting revenue between $1.575 billion and $1.625 billion. The company also expects non-GAAP operating margins to remain strong, ranging from 45.0% to 46.0%, signaling continued operational efficiency and growth momentum.
Tickers: $LITE
Topics: earnings beat financial guidance revenue growth
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