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First Lumentum, Now Coherent. Why Earnings Aren’t Boosting the AI Laser Stock.
Barrons.com141d agoneutral
First Lumentum, Now Coherent. Why Earnings Aren’t Boosting the AI Laser Stock.

Coherent reported quarterly earnings that were in-line with Wall Street’s expectations, with gross margins increasing slightly. The optical networking company is benefiting from the artificial intelligence data center boom—but shares fell anyway. Coherent posted adjusted earnings of $1.41 a share for the fiscal third-quarter, compared to 91 cents a year ago and Wall Street’s $1.40 a share prediction.

Lumentum (LITE) Q3 2026 Earnings Transcript
Motley Fool141d agoneutral
Lumentum (LITE) Q3 2026 Earnings Transcript

The forward-looking statements provided during this call are based on Lumentum's reasonable beliefs and expectations as of today. Lumentum undertakes no obligation to update or revise these statements, except as required by applicable law.

Lumentum Q3 Earnings Call Highlights
MarketBeat142d agoneutral
Lumentum Q3 Earnings Call Highlights

Lumentum (NASDAQ:LITE) reported what President and CEO Michael Hurlston described as an “exceptional” fiscal third quarter of 2026, with revenue rising 90% year-over-year to a record $808 million, driven primarily by transceivers and laser chips. The company also posted significant profitability gai

Reuters142d agoneutral
Lumentum forecasts quarterly revenue above estimates on AI-driven demand

Lumentum Holdings forecast quarterly revenue above Wall Street expectations on Tuesday, ‌betting on strong demand for its high-speed ‌optical components that are crucial for artificial intelligence infrastructure. The ​company has been a beneficiary of massive capital spending by cloud giants on AI infrastructure. Its equipment is critical for transmitting vast amounts of data ‌at high speeds ⁠between servers in data center networks.

Investing.com142d agobearish
Lumentum shares tumble despite strong print and guide

Investing.com -- Lumentum Holdings Inc (NASDAQ:LITE) reported third quarter results that exceeded analyst expectations, yet shares fell 5.6% in after-hours trading Tuesday as investors focused on the company’s debt position and sustainability of margin gains.

Corning Earnings Beat Estimates. Why the Stock Is Tumbling.
Barrons.com149d agobullish
Corning Earnings Beat Estimates. Why the Stock Is Tumbling.

Corning reported better-than-expected quarterly results on Tuesday but issued a middling outlook for the current quarter, halting the rally in optical communications stocks. Corning, which makes glass and fiber, barely eked out an earnings beat. The earnings outlook lined up with Wall Street’s estimates, but not the sales figure.