Lumentum Holdings Inc. · NASDAQ:LITE

Lumentum — Q1 FY2018 Earnings Presentation

8 slides from Lumentum's earnings presentation, Nov 1, 2017

  1. Slide 1: Q1 FY18 Conference Call November 1, 2017

    Q1 FY18 Conference Call November 1, 2017

  2. Slide 2: Forward Looking Statement and Financial Presentation

    © 2017 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: Q1 FY18 Results (GAAP)

    © 2017 Lumentum Operations LLC Q1 FY18 Results (GAAP) $ in millions except for EPS, % of revenue Q1 FY18 Q4 FY17 Q1 FY17 Revenue $243.2 $222.7 $258.1 Gross Margin 68.5 28.2% 67.3 30.2% 81.7 31.7% Operating Expenses 65.8 27.1% 63.4 28.5% 64.9 25.1% Operating Income 2.7 1.1% 3.9 1.8% 16.8 6.5% Diluted

  4. Slide 4: Q1 FY18 Results (Non-GAAP)

    © 2017 Lumentum Operations LLC Q1 FY18 Results (Non-GAAP) $ in millions except for EPS, % of revenue Q1 FY18 Q4 FY17 Q1 FY17 Revenue $243.2 $222.7 $258.1 Gross Margin 82.7 34.0% 73.2 32.9% 88.2 34.2% Operating Expenses 54.1 22.2% 52.8 23.7% 55.5 21.5% Operating Income 28.6 11.8% 20.4 9.2% 32.7 12.7%

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

    © 2017 Lumentum Operations LLC Q1 FY18 Segment Results (Non-GAAP) $ in millions Q1 FY18 Q4 FY17 Q1 FY17 Revenue $243.2 $222.7 $258.1 Optical Communications 207.9 186.8 218.3 Telecom 110.4 120.2 165.6 Datacom 45.2 50.1 44.2 Industrial & Consumer(1) 52.3 16.5 8.5 Commercial Lasers 35.3 35.9 39.8 Gross

  6. Slide 6: Balance Sheet

    © 2017 Lumentum Operations LLC Balance Sheet 6 Selected Items - $ in millions Q1 FY18 Q4 FY17 Cash and Short-term Investments $532.5 $555.3 Working Capital(1) 212.8 190.8 Property, Plant & Equipment, net 293.7 273.5 Total Assets 1,248.4 1,232.9 Total Liabilities 571.5 578.3 Shareholder’s Equity(2) 6

  7. Slide 7: Q2 FY18 Guidance (Non-GAAP)

    © 2017 Lumentum Operations LLC Q2 FY18 Guidance (Non-GAAP) 7 $ in millions except for EPS, % of revenue Q1 FY18 Actual Q2 FY18 Estimate Revenue $243.2M $345.0M - $375.0M Operating Margin 11.8% 21.0% – 23.0% Diluted EPS $0.43 $1.05 – $1.25 Guidance provided is based on our expectations as of today an

  8. Slide 8: Slide 8

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