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Lumentum senses auto lidar opportunity from 2022 - Vimarsana News

Lumentum senses auto lidar opportunity from 2022

Lumentum senses auto lidar opportunity from 2022 03 Feb 2021 Photonics giant Lumentum has posted a solid increase in both sales revenues and income in its latest financial quarter, adding that next year should see the start of a steady ramp in demand for its components to be used in automotive lidar applications. CEO Alan Lowe and colleagues revealed sales of $479 million for the quarter ending December 26, up around 5 per cent on the same period a year earlier. At $98.1 million, pre-tax income for the quarter was 70 per cent higher than in the closing calendar quarter of 2019. ...

Source: optics.org
Lumentum Holdings Inc (LITE) Q2 2021 Earnings Call Transcript - Vimarsana News

Lumentum Holdings Inc (LITE) Q2 2021 Earnings Call Transcript

Operator Good day, everyone, and welcome to the Lumentum Second Quarter Fiscal Year 2021 Earnings Call. [Operator Instructions] At this time, I'd like to turn the conference call over to Jim Fanucchi of Darrow Associates. Sir, please go ahead. Jim Fanucchi -- Managing Director/Head of West Coast Operations Thank you, operator. Welcome to Lumentum's second quarter fiscal year 2021 earnings call. This is Jim Fanucchi from Darrow Associates, assisting Lumentum with its investor relations. Joining the call today from the company's management team, we have Alan Lowe, President and Chief Executive...

Source: fool.com