Lumentum Set For Growth: Analysts See Strong Recovery Ahead With AI And Telecom Momentum
Lumentum(LITE) Benzinga·2024-08-16 01:16
Lumentum Holdings Inc. LITE shares are trading higher after the company reported fourth-quarter results and several analysts raised the price target on the stock.On Wednesday, the company reported net revenue of 300.8 million, and adjusted EPS of 0.03.Lumentum expects first-quarter net revenue of 335 million (vs. consensus of 0.07 – ...