- Notwithstanding headwinds in two of its four segments, Lumentum still produced decent results with an EPS of $1.15 for the quarter.
- The company is facing headwinds from datacom and Apple (3D sensing), but these are temporary, and better times are ahead, with 3D sensing spreading to Android.
- We think the bad news is already priced in, and investors are not considering the impressive improvement in cash flow.
Buy Lumentum On Temporary Headwinds
February 8th, 2019 · No Comments