Stocks in Action USA: Lumentum, Lemonade, Digital Turbine
Reading Time: 3 minutes
Lumentum (LITE) – The photonics specialist surprises with record quarter and significantly raises forecast – AI boom drives demand for optical components! The technology company Lumentum , specializing in optical and photonic products, delights investors with extraordinarily strong quarterly results and an optimistic outlook. Particularly relevant for investors is the significantly raised outlook from management: Lumentum forecasts revenues for the second fiscal quarter between 630 million USD and 670 million USD – clearly above the previous...
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