Lumentum's revenue in fiscal year 2022 was USD 1712.6 million, and the revenue o

On August 16, lumentum Holdings Inc announced its fourth quarter and full year results as of July 2, 2022. The net income of fiscal year 2022 was US $1712.6 million. According to the general accounting standards of the United States, the net income attributable to ordinary shareholders was US $198.9 million, or diluted earnings per share was US $2.68. The net income of fiscal year 2021 was US $174.8 million, and the net income attributable to ordinary shareholders according to US GAAP was US $397.3 million, or US $5.07 per diluted share. In addition, the company expects the net income in the first quarter of fiscal year 2023 to be between $490 million and $520 million.

Alan Lowe, President and CEO of lumentum, said: "In fy2022, we achieved record revenue in data communication EML, coherent components, pump lasers, tunable products and subsea components. The company's profitability is higher than our target model, that is, 50% gross profit rate and 30% operating profit margin. The revenue in the fourth quarter was higher than our midpoint, and the operating profit rate and earnings per share exceeded the upper limit of the guidance. In addition, we are alleviating the shortage of components in the telecom business Meaningful progress is being made in this regard. "

"On August 3, we completed the acquisition of neophotonics, and on August 15, we announced the acquisition of the IPG Telecom transmission product line. These two events enable us to create more value for our cloud and network customers. Our guidance for the first quarter and our outlook for fiscal year 2023 reflect the normalization of the share of the smartphone 3D sensing field discussed earlier. With the end of a healthy year, through these investments, I positioned the company's development We expect that the business fundamentals will drive our business portfolio to shift to telecommunications, data communications and commercial laser businesses, supporting double-digit revenue growth in fy2023 and beyond. "

According to different departments, the revenue of the optical communication department in the fourth quarter was 371 million US dollars, with a year-on-year increase of 4.4%; The sales revenue of the laser department was US $51 million, a year-on-year increase of 38.8%.

Source: OFweek