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Lumentum (LITE) reported earnings 30 days ago. What's next for the stock?
LOS ANGELES, CALIFORNIA, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) announces that it has granted a total of 290,000 stock options (“Options”) and 60,000 restricted share units (“RSUs”) of the Company (collectively, "LTIP Securities") to certain directors and officers of the Company pursuant to its Long-Term Performance Incentive Plan (“LTIP”).
Lumentum Holdings Inc. (LITE) Presents at Citi's 2026 Global TMT Conference Transcript
Lumentum is scaling pump, EML and CW laser capacity as AI-driven optical demand rises, positioning it against Broadcom and Applied Optoelectronics.
AI-driven data center demand is boosting photonics, with LITE, COHR and MTSI offering strong short-term price upside.
Wupen Yuen executed this sale under a Rule 10b5-1 plan adopted in May, signaling routine portfolio management rather than concern about company fundamentals.
Lumentum Holdings Inc. is transforming from a cyclical telecom equipment maker to a key supplier for AI-driven data center optical components. LITE delivered FY2026 revenue of $3.01 billion, up 83.2% year-over-year, with Q4 revenue more than doubling to $1.006 billion. I rate LITE a buy, as the market overreacts to a headline accounting loss while the underlying business trades at just 0.38 times earnings growth adjusted.
Fabrinet rides on surging AI data-center demand, with strong DCI, HPC and transceiver growth supporting its push against optical rivals.