The company said net revenue for Q4 of fiscal 2024 (ended June 29, 2024) was $308.3 million, down 15.9% from the previous quarter and down 16.9% from a year earlier. Full-year net revenue was $1,359.2 million, down 23.1% from the prior year.

1. 01

   The company said net revenue for Q4 of fiscal 2024 (ended June 29, 2024) was $308.3 million, down 15.9% from the previous quarter and down 16.9% from a year earlier. Full-year net revenue was $1,359.2 million, down 23.1% from the prior year.

2. 02

   Lumentum said it posted a GAAP net loss of $252.5 million ($3.72 per diluted share) for Q4. Income tax expense of $125.0 million was included, and the company said $139.8 million of that amount was income tax expense from recognizing a valuation allowance against its U.S. federal and state deferred tax assets.

3. 03

   The company said Cloud & Networking net revenue for Q4 was $254.7 million, down 18.8% from the previous quarter, while Industrial Tech net revenue was $53.6 million, up 1.7% from the previous quarter.

4. 04

   Lumentum expects net revenue of $315 million to $335 million, non-GAAP operating margin of 0% to 3.0%, and non-GAAP diluted earnings per share of $0.07 to $0.17 for Q1 of fiscal 2025, the company said.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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