Lumentum Holdings Q1 Adj. EPS $4.57 Beats $4.19 Estimate, Sales $1.263B Beat $1.249B Estimate

Lumentum Holdings (NASDAQ:LITE) reported quarterly earnings of $4.57 per share which beat the analyst consensus estimate of $4.19 by 9.07 percent. This is a 315.45 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $1.263 billion which beat the analyst consensus estimate of $1.249 billion by 1.08 percent. This is a 136.61 percent increase over sales of $533.800 million the same period last year.