Lumentum Holdings Inc. · NASDAQ:LITE
Lumentum — Q2 FY2020 Earnings Presentation
8 slides from Lumentum's earnings presentation, Feb 4, 2020
Slide 1: Q2 FY20 Conference Call
Q2 FY20 Conference Call February 4, 2020
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: Q2 FY20 Results (GAAP)
Q2 FY20 Results (GAAP) $ in millions Q2 FY20 Q1 FY20 Q2 FY19 except for EPS, % of revenue Revenue $457.8 $449.9 $373.7 Gross Margin 189.1 41.3% 167.7 37.3% 124.8 33.4% Operating Expenses 114.3 25.0% 107.9 24.0% 113.3 30.3% Operating Income 74.8 16.3% 59.8 13.3% 11.5 3.1% Diluted EPS $0.63 $0.61 $0.0
Slide 4: Results (Non-GAAP)
Q2 FY20 Results (Non-GAAP) $ in millions Q2 FY20 Q1 FY20 Q2 FY19 except for EPS, % of revenue Revenue $457.8 $449.9 $373.7 Gross Margin 216.8 47.4% 206.1 45.8% 149.7 40.1% Operating Expenses 84.8 18.5% 83.4 18.5% 67.5 18.1% Operating Income 132.0 28.8% 122.7 27.3% 82.2 22.0% Diluted EPS $1.53 $1.44
Slide 5: Segment Results
Q2 FY20 Segment Results Q2 FY20 Q1 FY20 Q2 FY19 $ in millions Revenue $457.8 $449.9 $373.7 Optical Communications $ 409.4 416.1 325.4 Telecom & Datacom 266.3 248.1 205.9 Industrial & Consumer(1) 143.1 168.0 119.5 Commercial Lasers 48.4 33.8 48.3 Gross Margin (Non-GAAP) 47.4% 45.8% 40.1% Optical Comm
Slide 6: Balance Sheet Selected Items
Balance Sheet Selected Items Q2 FY20 Q1 FY20 $ in millions Cash and Short-term Investments $1,315.6 $830.9 Working Capital(1) 263.2 275.5 Property, Plant & Equipment, net 421.0 436.7 Total Assets 3,221.2 2,867.8 Total Liabilities 1,539.6 1,306.5 Shareholder’s Equity 1,681.6 1,561.3 (1) Working capit
Slide 7: Q3 FY20 Guidance (Non-GAAP)
Q3 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 Includes an approximate $15-$20 million revenue reduction at the mid-point due to the anticipated impact of Coronavirus Q2 FY20 Q3 FY20 $ in millions Actual Guidanc
Slide 8: Lumentum
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