Lumentum Holdings, Inc. News
Analog Devices Beats Third-Quarter Forecasts as Revenue Surges
Analog Devices beat Wall Street's third-quarter-earnings expectations as revenue at the semiconductor giant jumped.
Lumentum Stock Jumps As Apple Supplier Beats On Earnings, Notes Chip Shortage
"While demand continues to grow into the first quarter, shortages of critical semiconductor components are negatively impacting our first quarter revenue outlook by more than $30 million," said CEO Alan Lowe
Apple Nudges Lower After Rare 'Sell' Rating From New Street Research
New Street Research analyst Pierre Ferragu joins only one other analyst on Wall Street in questioning the near-term prospects of the world's most valuable tech company.
Tech Stocks Roundup: Jim Cramer Says to Hold Onto FAANG Stocks
Check out the latest news and performance numbers from the top technology and FAANG stocks, including Facebook, Microsoft, Zoom Communications, PayPal, Bumble, and more.
Lumentum Misses Revenue Forecast, Apple Supplier Issues Soft Guidance
CFO Wajid Ali said fourth quarter sales guidance "consistent with our historical seasonality" despite "short-term headwinds in our industry".
Disney Fans Angry, Excited About New Guardians of the Galaxy Ride
The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.
Aurora Cannabis Slashing Weed Capacity in Profitability Push
Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.
Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion
Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.