Lumentum Holdings Inc. · NASDAQ:LITE

Lumentum — Q2 FY2018 Earnings Presentation

8 slides from Lumentum's earnings presentation, Feb 6, 2018

  1. Slide 1: Q2 FY18 Conference Call February 6, 2018

    Q2 FY18 Conference Call February 6, 2018

  2. Slide 2: Forward Looking Statement and Financial Presentation

    © 2018 Lumentum Operations LLC Forward Looking Statement and Financial Presentation This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include any anticipation

  3. Slide 3: Q2 FY18 Results (GAAP)

    © 2018 Lumentum Operations LLC Q2 FY18 Results (GAAP) $ in millions except for EPS, % of revenue Q2 FY18 Q1 FY18 Q2 FY17 Revenue $404.6 $243.2 $265.0 Gross Margin 171.1 42.3% 68.5 28.2% 87.0 32.8% Operating Expenses 80.3 19.8% 65.8 27.1% 73.7 27.8% Operating Income 90.8 22.4% 2.7 1.1% 13.3 5.0% Dilu

  4. Slide 4: Q2 FY18 Results (Non-GAAP)

    © 2018 Lumentum Operations LLC Q2 FY18 Results (Non-GAAP) $ in millions except for EPS, % of revenue Q2 FY18 Q1 FY18 Q2 FY17 Revenue $404.6 $243.2 $265.0 Gross Margin 181.8 44.9% 82.7 34.0% 97.9 36.9% Operating Expenses 67.2 16.6% 54.1 22.2% 58.9 22.2% Operating Income 114.6 28.3% 28.6 11.8% 39.0 14

  5. Slide 5: Segment Results (Non-GAAP)

    © 2018 Lumentum Operations LLC Q2 FY18 Segment Results (Non-GAAP) $ in millions Q2 FY18 Q1 FY18 Q2 FY17 Revenue $404.6 $243.2 $265.0 Optical Communications 360.1 207.9 236.6 Telecom 110.2 110.4 160.1 Datacom 34.4 45.2 68.1 Industrial & Consumer(1) 215.5 52.3 8.4 Commercial Lasers 44.5 35.3 28.4 Gros

  6. Slide 6: Balance Sheet

    © 2018 Lumentum Operations LLC Balance Sheet 6 Selected Items - $ in millions Q2 FY18 Q1 FY18 Cash and Short-term Investments $624.5 $532.5 Working Capital(1) 211.6 212.8 Property, Plant & Equipment, net 301.3 293.7 Total Assets 1,507.4 1,248.4 Total Liabilities 607.3 571.5 Shareholder’s Equity(2) 9

  7. Slide 7: Q3 FY18 Guidance (Non-GAAP)

    © 2018 Lumentum Operations LLC Q3 FY18 Guidance (Non-GAAP) 7 $ in millions except for EPS, % of revenue Q2 FY18 Actual Q3 FY18 Estimate Revenue $404.6M $280M - $305M Operating Margin 28.3% 15.5% – 18.0% Diluted EPS $1.67 $0.65 – $0.80 Guidance provided is based on our expectations as of today and wi

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