Lumentum's Q3: Record Revenue, Soaring Margins

Lumentums Q3 soars with record-breaking revenue of $808M, up 90% YoY, driven by transceivers and AI data center chips. Non-GAAP operating margins surge to 32.2% on killer product mix and scale. Components surge 77% YoY, 20% QoQ, with narrow linewidth lasers up 120% and pump lasers up 80%. Systems skyrocket 121% YoY on cloud transceivers. Demand is through the roof, with shipments sold out and supply lagging 30% or more. Guiding Q4 revenue to $960M - $1.01B, with margins at 35-36% and EPS $2.85 - $3.05. Ramping 1.6Tb transceivers, OCS under multi-billion deals, and new fab in North Carolina. Cash swells to $3.17B after NVIDIAs $2B investment. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/76102bb30f749550