Lumentum Holdings Inc. · NASDAQ:LITE
Lumentum — Q1 FY2020 Earnings Presentation
8 slides from Lumentum's earnings presentation, Oct 31, 2019
Slide 1: Q1 FY20 Conference Call
Q1 FY20 Conference Call October 31, 2019
Slide 2: Forward Looking Statements and Financial Presentation
Forward Looking Statements 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 or guidance as to future finan
Slide 3: Q1 FY20 Results (GAAP)
Q1 FY20 Results (GAAP) $ in millions Q1 FY20 Q4 FY19 Q1 FY19 except for EPS, % of revenue Revenue $449.9 $404.6 $354.1 Gross Margin 167.7 37.3% 86.8 21.5% 126.0 35.6% Operating Expenses 107.9 24.0% 100.6 24.9% 68.9 19.5% Operating Income 59.8 13.3% (13.8) (3.4)% 57.1 16.1% (Loss) Diluted EPS $0.61 $
Slide 4: Q1 FY20 Results (Non-GAAP)
Q1 FY20 Results (Non-GAAP) $ in millions Q1 FY20 Q4 FY19 Q1 FY19 except for EPS, % of revenue Revenue $449.9 $404.6 $354.1 Gross Margin 206.1 45.8% 157.4 38.9% 142.6 40.3% Operating Expenses 83.4 18.5% 80.7 19.9% 57.9 16.4% Operating Income 122.7 27.3% 76.7 19.0% 84.7 23.9% Diluted EPS $1.44 $0.91 $
Slide 5: Segment Results
Q1 FY20 Segment Results Q1 FY20 Q4 FY19 Q1 FY19 $ in millions Revenue $449.9 $404.6 $354.1 Optical Communications $ 416.1 356.8 310.1 Telecom & Datacom 248.1 269.2 177.1 Industrial & Consumer(1) 168.0 87.6 133.0 Commercial Lasers 33.8 47.8 44.0 Gross Margin (Non-GAAP) 45.8% 38.9% 40.3% Optical Commu
Slide 6: Balance Sheet Selected Items
Balance Sheet Selected Items Q1 FY20 Q4 FY19 $ in millions Cash and Short-term Investments(2) $830.9 $768.5 Working Capital(1) 275.5 270.3 Property, Plant & Equipment, net 436.7 433.3 Total Assets 2,867.8 2,716.6 Total Liabilities(2) 1,306.5 1,219.5 Shareholder’s Equity 1,561.3 1,497.1 (1) Working c
Slide 7: Q2 FY20 Guidance (Non-GAAP)
Q2 FY20 Guidance (Non-GAAP) Guidance is based on our expectations as of today and will not be updated or confirmed as of any other date Q1 FY20 Q2 FY20 $ in millions except for EPS, % of revenue Actual Guidance Revenue $449.9 $445 - $460 Operating Margin 27.3% 24% – 26% Diluted EPS $1.44 $1.20 - $1.
Slide 8: Lumentum
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