Stocls Alerts: Lumentum Holdings Inc

 Lumentum Holdings Inc newly stated results for its financial 1st-quarter of 2k20 finished September 28, 2k19.

Net revenue for the fiscal 1st-quarter of 2k20 was $449.90M, with GAAP net income of $47.60M, or $0.610 for each diluted share. Net revenue for the fiscal 4th-quarter of 2k19 was $404.60M, with GAAP net loss to stockholders of $(25.80)M, or $(0.340) for each diluted share. Net revenue for the financial 1st-quarter of 2k19 was $354.10M, with GAAP net income attributable to common stockholders of $46.10M, or $0.720 for each diluted share.

Non-GAAP net income for the financial 1st-quarter of 2k20 was $111.40M, or $1.440 for each diluted share. Non-GAAP net income for the fiscal 4th-quarter of 2k19 was $70.40M, or $0.910 for each diluted share. Non-GAAP net income for the fiscal 1st-quarter of 2k19 was $86.10M, or $1.320 for each diluted share.

The Company held $830.90M in total cash and short-term investments at the end of the financial 1st-quarter of 2k20. Subsequent to the 1st-quarter, on October 30, 2k19, the Company made a $150.00M voluntary principle pre-payment under its term loan facility.