Lumentum Holdings Inc. · NASDAQ:LITE

Lumentum — Q3 FY2018 Earnings Presentation

9 slides from Lumentum's earnings presentation, May 2, 2018

  1. Slide 1: Q3 FY18 Conference Call May 2, 2018

    Q3 FY18 Conference Call May 2, 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: Additional Information and Where to Find It/Participants in the Merger Solicitation

    © 2018 Lumentum Operations LLC Additional Information and Where to Find It/Participants in the Merger Solicitation This presentation references a proposed business combination involving Lumentum Holdings Inc. and Oclaro, Inc. In connection with the proposed transaction, Lumentum will file with the S

  4. Slide 4: Q3 FY18 Results (GAAP)

    © 2018 Lumentum Operations LLC Q3 FY18 Results (GAAP) $ in millions except for EPS, % of revenue Q3 FY18 Q2 FY18 Q3 FY17 Revenue $298.8 $404.6 $255.8 Gross Margin 97.0 32.5% 171.1 42.3% 82.1 32.1% Operating Expenses 71.5 23.9% 80.3 19.8% 68.5 26.8% Operating Income 25.5 8.5% 90.8 22.4% 13.6 5.3% Dil

  5. Slide 5: Q3 FY18 Results (Non-GAAP)

    © 2018 Lumentum Operations LLC Q3 FY18 Results (Non-GAAP) $ in millions except for EPS, % of revenue Q3 FY18 Q2 FY18 Q3 FY17 Revenue $298.8 $404.6 $255.8 Gross Margin 108.5 36.3% 181.8 44.9% 87.9 34.4% Operating Expenses 59.1 19.8% 67.2 16.6% 55.7 21.8% Operating Income 49.4 16.5% 114.6 28.3% 32.2 1

  6. Slide 6: Q3 FY18 Segment Results (Non-GAAP)

    © 2018 Lumentum Operations LLC Q3 FY18 Segment Results (Non-GAAP) $ in millions Q3 FY18 Q2 FY18 Q3 FY17 Revenue $298.8 $404.6 $255.8 Optical Communications 246.3 360.1 216.1 Telecom 122.6 110.2 164.9 Datacom 36.3 34.4 39.0 Industrial & Consumer(1) 87.4 215.5 12.2 Commercial Lasers 52.5 44.5 39.7 Gro

  7. Slide 7: Balance Sheet Selected Items

    © 2018 Lumentum Operations LLC Balance Sheet 7 Selected Items - $ in millions Q3 FY18 Q2 FY18 Cash and Short-term Investments $692.8 $624.5 Working Capital(1) 180.4 211.6 Property, Plant & Equipment, net 301.8 301.3 Total Assets 1,518.2 1,507.4 Total Liabilities 605.8 607.3 Shareholder’s Equity(2) 9

  8. Slide 8: Q4 FY18 Guidance (Non-GAAP)

    © 2018 Lumentum Operations LLC Q4 FY18 Guidance (Non-GAAP) 8 $ in millions except for EPS, % of revenue Q3 FY18 Actual Q4 FY18 Estimate Revenue $298.8M $275M - $300M Operating Margin 16.5% 14.0% – 16.0% Diluted EPS $0.78 $0.55 – $0.75 Guidance provided is based on our expectations as of today and wi

  9. Slide 9: Slide 9

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