Lumentum Holdings Inc. · NASDAQ:LITE

Lumentum — Q3 FY2016 Earnings Presentation

10 slides from Lumentum's earnings presentation, May 4, 2016

  1. Slide 1: Q3 FY16 Conference Call May 4, 2016

    Q3 FY16 Conference Call May 4, 2016

  2. Slide 2: Forward Looking Statement and Financial Presentation

    © 2016 Lumentum Operations LLC Forward Looking Statement and Financial Presentation This document 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 or g

  3. Slide 3: Q3 FY16 Results (GAAP)

    © 2016 Lumentum Operations LLC Q3 FY16 Results (GAAP) $ millions except for EPS, % of revenue Part of Viavi – carveout financials Lumentum 13 weeks Lumentum 14 weeks Q3 FY15 Q2 FY16 Q3 FY16 Revenue $198.7 $218.3 $230.4 Gross Margin 57.1 28.7% 68.1 31.2% 62.8 27.3% Operating Expenses 67.9 34.2% 61.9

  4. Slide 4: Q3 FY16 Results (Non-GAAP)

    © 2016 Lumentum Operations LLC Q3 FY16 Results (Non-GAAP) $ millions except for EPS, % of revenue Part of Viavi – carveout financials Lumentum 13 weeks Lumentum 14 weeks Q3 FY15 Q2 FY16 Q3 FY16 Revenue $198.7 $218.3 $230.4 Gross Margin 60.7 30.5% 71.3 32.7% 74.2 32.2% Operating Expenses 55.4 27.9% 5

  5. Slide 5: Highlights

    © 2016 Lumentum Operations LLC Q3 FY16 Highlights  Revenue was $230.4M up approximately 6% sequentially and 16% year over year – Telecom was up approximately 2% Q/Q and 17% Y/Y – Datacom was up approximately 30% Q/Q and 19% Y/Y – Laser revenue up approximately 2% Q/Q and 5% Y/Y – Industrial & Consu

  6. Slide 6: Segment Results (Non-GAAP)

    © 2016 Lumentum Operations LLC Q3 FY16 Segment Results (Non-GAAP) $ millions, % of revenue Part of Viavi – carveout financials Lumentum 13 weeks Lumentum 14 weeks Q3 FY15 Q2 FY16 Q3 FY16 Revenue $198.7 $218.3 $230.4 Optical Communications 167.2 185.8 197.2 Telecom 119.7 137.9 140.0 Datacom 38.3 35.0

  7. Slide 7: Balance Sheet

    © 2016 Lumentum Operations LLC Balance Sheet 7 Selected Items - $ millions Q2 FY16 Q3 FY16 Cash and Cash Equivalents $161.9 $157.2 Working Capital(1) 159.4 157.1 Property, Plant & Equipment, net 151.4 168.1 Total Assets 682.0 704.9 Total Liabilities 175.3 192.4 Shareholder’s Equity(2) 506.7 512.5 (1

  8. Slide 8: Q4 FY16 Guidance (Non-GAAP)

    © 2016 Lumentum Operations LLC Q4 FY16 Guidance (Non-GAAP) 8 $ millions except for EPS, % of revenue 14 weeks Q3 FY16 Actual 13 weeks Q4 FY16 Estimate Revenue $230.4M $232M - $242M Operating Margin 8.8% 8.5 – 10.0% EPS (diluted) $0.32 $0.32 – $0.38 Guidance provided is based on our expectations as o

  9. Slide 9: Investor Relations Calendar

    © 2016 Lumentum Operations LLC Investor Relations Calendar 9 Event Dates J.P. Morgan Technology, Media and Telecom Conference May 23, 2016 B. Riley & Co. Investor Conference May 26, 2016 Stifel Technology, Internet & Media Conference June 7, 2016

  10. Slide 10: Slide 10

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