About Lumentum Holdings Inc. - Common Stock (LITE)
Lumentum Holdings is a technology company that specializes in developing innovative optical and photonic solutions. Its products are primarily used in the fields of telecommunications, creating essential components for high-speed fiber-optic networks, as well as in industrial and consumer applications. The company focuses on producing lasers, optical sensors, and other advanced technologies that enable high-performance communications, as well as precision manufacturing and consumer electronics. By leveraging cutting-edge research and development, Lumentum aims to drive advancements in connectivity and imaging, supporting a wide range of industries with its essential components and systems. Read More
Lumentum Holdings Inc. (“Lumentum”) (NASDAQ: LITE) today announced the pricing of $1.1 billion aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). Lumentum granted the initial purchasers of the notes a 13-day option to purchase up to an additional $165.0 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on September 8, 2025, subject to customary closing conditions, and is expected to result in approximately $1.09 billion (or approximately $1.25 billion if the initial purchasers fully exercise their option to purchase additional notes) in net proceeds to Lumentum after deducting the initial purchasers’ discount and estimated offering expenses payable by Lumentum.
Lumentum Holdings Inc. (“Lumentum”) (NASDAQ: LITE) today announced its intention to offer, subject to market conditions and other factors, $1.1 billion aggregate principal amount of convertible senior notes due in 2032 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). Lumentum also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $165.0 million aggregate principal amount of the notes.
Lumentum (NASDAQ:LITE) beats Q4 and FY2025 estimates with $480.7M revenue, driven by cloud & networking growth. Shares rise on strong outlook and AI demand.
Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.
Lumentum Holdings Inc. ("Lumentum"), a global leader in optical and photonic technology, today announced a significant milestone in its commitment to innovation and U.S.-based manufacturing. The company will fund a major capacity expansion of its U.S.-based semiconductor facility. This initiative is expected to generate additional high-skilled engineering and manufacturing jobs, further strengthening the U.S. position in the global AI supply chain.
