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Accumulate Lumentum On Weakness

November 6th, 2017 · No Comments

  • Surprisingly soft Q1, especially where one would not expect it. That is datacom revenue disappointed.
  • The 3D sensing bonanza was constrained in Q1, but is arriving in full force in Q2 and looks to continue for quite some time.
  • There are also the first promising signs from the Chinese telecom market.
  • So Q2 will be a big improvement over Q1, and the rest of the fiscal year also looks pretty good.

Source: Accumulate Lumentum On Weakness – Lumentum Holdings Inc. (NASDAQ:LITE) | Seeking Alpha

Tags: LITE