While everyone was staring at GPUs, Lumentum delivered an absolute masterclass of its own. This has triggered it to skyrocket a staggering 147% year todate to USD 956.14 today.
What happened?
In the latest quarter, Lumentum's revenue more than doubled YoY to USD 1.01 billion. This marks the first single billion dollar quarter in its history.
Non GAAP EPS landed at a roaring USD 3.23, obliterating the USD 2.99 consensus estimate, while adjusted operating margins surged to a high of 36.5%.
Should we invest in Lumentum?
Here is the truth: you cannot build the future of AI without light. Lumentum controls the Indium Phosphide wafer labs that produce lasers that keep data centers from overheating.
Lumentum has exponential growth ahead.
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