SAN JOSE, Calif. - Lumentum Holdings Inc . (NASDAQ:LITE) reported better-than-expected fiscal second-quarter results on Thursday, but shares tumbled 5% as the earnings beat failed to meet high investor expectations.

Lumentum (LITE) delivered earnings and revenue surprises of 13.51% and 2.46%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

Lumentum Holdings Inc. ( NASDAQ: LITE) Q2 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Kathy Ta - Vice President, Investor Relations Alan Lowe - President and Chief Executive Officer Wajid Ali - Executive Vice President and Chief Financial Officer

Lumentum Holdings beat estimated earnings by 17.0%, reporting an EPS of $0.42 versus an estimate of $0.36. Revenue was up $35.40 million from the same period last year. In the previous quarter, the company beat on EPS by $0.06, resulting in a 14.000000000000002% increase change in the share price the following day.

For the current quarter ending in March, Lumentum expects its per-share earnings to range from 47 cents to 53 cents. The company said it expects revenue in the range of $410 million to $425 million for the fiscal third quarter.