Lumentum’s quarterly revenue up 13.3% year-on-year to $506m

What happened

Lumentum reported fiscal Q2 2023 revenue of $506 million, exceeding guidance and representing a 13.3% year-over-year increase. The performance was driven by demand in optical networking and industrial/consumer laser markets. Watch: Stronger-than-expected revenue signals robust end-market demand, which could tighten supply for key optical components.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 2/15/2023 · View original source