Lumentum Holdings (LITE) Revenue — Quarter Ended Sep 28, 2024
Lumentum Holdings reported higher revenue for the quarter, supported by improved demand. Revenue increased compared to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Sep 28, 2024 · FY2025 Q1
Lumentum Holdings reported higher revenue for the quarter, supported by improved demand. Revenue increased compared to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$336.9M
Revenue reported for this quarter.
Quarter-over-quarter
+9.3%
Change from the immediately preceding quarter.
Year-over-year
+6.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 30, 2023 | $366.8M | -27.5% |
| Mar 30, 2024 | $366.5M | -4.4% |
| Jun 29, 2024 | $308.3M | -16.9% |
| Sep 28, 2024 | $336.9M | +6.1% |
Revenue performance
Revenue grew sequentially, reversing a multi-quarter downward trend. The year-over-year comparison also showed a gain.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue also increased.
What to watch
Sustainability of the revenue growth trajectory warrants monitoring in subsequent quarters.