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Lumentum (NASDAQ:LITE – Get Free Report) issued an update on its third quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.200-0.350 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $350.0 million-$380.0 million, compared to the consensus revenue […]
Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report)’s share price was up 8.9% on Friday after Rosenblatt Securities raised their price target on the stock from $60.00 to $65.00. Rosenblatt Securities currently has a buy rating on the stock. Lumentum traded as high as $49.84 and last traded at $49.64. Approximately 1,647,800 shares were traded […]
Signaturefd LLC decreased its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 44.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 609 shares of the technology company’s stock after selling 485 shares during the period. Signaturefd LLC’s holdings in Lumentum were worth […]
MoU to accelerate the growth of Australian and New Zealand space industries develop new capabilities. SmartSat Cooperative Research Center (SmartSat), Australia’s leading space research center, has signed a Memorandum of Understanding (MoU) with the New Zealand Space Agency (NZSA) to accelerate the growth of Australian and New Zealand space industries. Under the new agreement, SmartSat and NZSA will collaborate to develop new
Corning Incorporated (NYSE:GLW) Q4 2023 Earnings Call Transcript January 30, 2024 Corning Incorporated misses on earnings expectations. Reported EPS is $0.39 EPS, expectations were $0.4. Corning Incorporated isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the Corning Incorporated Quarter Four […]