Lumentum Holdings shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Lumentum Holdings shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 revenue guidance above estimates.
August 14, 2024 | 8:23 pm
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Lumentum Holdings shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 revenue guidance above estimates.
The better-than-expected Q4 financial results and higher Q1 revenue guidance are positive indicators for Lumentum Holdings, likely leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100