Breaking News: LITE latest news. - The Fly

This was after Q2 2019 figures early February.

Chinese technology company Vivo (Dongguan, China) has unveiled time-of-flight (TOF) 3D sensing technology that it says will give consumers "a true sense of the third dimension" through new gesture and 3D-enhanced apps, expanding the capabilities of the next generation of smart devices. The technology, which the company revealed at Mobile World Congress Shanghai 2018, detects the time it takes emitted pulse light to return to the sensor to accurately map objects at up to three meters in front of it. It promises a "paradigm shift" in imaging, augmented reality (AR), and human-machine interaction, says the company, which will elevate consumer lifestyles with new levels of immersion and smart capability... Vivo's TOF 3D sensing technology is offered as featuring industry-leading performance in depth of information captured with its 300,000 sensor points, which is ten times that used in existing structured light technology. This raises the bar, says the company, by enabling 3D mapping at up to three meters from the smartphone while having a smaller baseline than structured light. TOF 3D sensing technology is also simpler and smaller in structure and allows for more flexibility when embedded in a smartphone. This will enable much broader application of this technology than was previously possible, the company says..

Vivo 3D sensing tech has 10x the sensor points of iPhone X | Smart2.0

Lumentum (NASDAQ:LITE): Q1 EPS of $0.43 misses by $0.10. Revenue of $243.2M (-5.8% Y/Y) misses by $11.91M.

Lumentum misses by $0.10, misses on revenue - Lumentum Holdings Inc. (NASDAQ:LITE) | Seeking Alpha

Lumentum (NASDAQ:LITE) shares are down 1.65% premarket following Q1 results that missed EPS and revenue estimates. Q2 guidance has revenue from $345M to $375M (consensus: $345.94M) with EPS from $1.05 to $1.25 (consensus: $1.00) and non-GAAP operating margin of 21% to 23%.  Segment revenue: Optical Communications, $207.9M (-4.8% Y/Y); Lasers, $35.3M (-11.3%).  Key metrics: Non-GAAP operating margin, 11.8% (-90bps Y/Y); gross margin, 34% (-20bps); total operating expenses, $65.8M; cash and equivalents, $150.8M.

Lumentum reports Q1 misses, upside guidance - Lumentum Holdings Inc. (NASDAQ:LITE) | Seeking Alpha

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Lumentum jumps amid strong forecast from Austria's AMS - Lumentum Holdings Inc. (NASDAQ:LITE) | Seeking Alpha