Slide 1: Q2 FY23 Conference Call
Q2 FY23 Conference Call February 9, 2023
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 include statements regarding our expectations for our markets, cus
Slide 3: Q2 FY23 Key Points
Q2 FY23 Key Points Telecom & Datacom – Revenue up 44% Y/Y, strengthened throughout the quarter, due to robust networking demand and improved IC supply – Record quarter in multiple transmission product lines: • Narrow-linewidth tunable lasers • Tunable products for edge network applications • Coher
Slide 4: Q2 FY23 Results (GAAP)
Q2 FY23 Results (GAAP) $ in millions Q2 FY23 Q1 FY23 Q2 FY22 except for EPS, % of revenue Revenue $506.0 $506.8 $446.7 Gross Margin 166.2 32.8% 201.2 39.7% 207.5 46.5% Operating Expenses 188.1 37.2% 187.7 37.0% 122.3 27.4% Operating Income (Loss) (21.9) (4.3)% 13.5 2.7% 85.2 19.1% Diluted EPS $(0.46
Slide 5: Q2 FY23 Results (Non-GAAP)
Q2 FY23 Results (Non-GAAP) $ in millions Q2 FY23 Q1 FY23 Q2 FY22 except for EPS, % of revenue Revenue $506.0 $506.8 $446.7 Gross Margin 227.0 44.9% 244.1 48.2% 228.0 51.0% Operating Expenses 110.3 21.8% 106.7 21.1% 86.4 19.3% Operating Income 116.7 23.1% 137.4 27.1% 141.6 31.7% Diluted EPS $1.52 $1.
Slide 6: Q2 FY23 Segment Results
Q2 FY23 Segment Results Q2 FY23 Q1 FY23 Q2 FY22 $ in millions Revenue $506.0 $506.8 $446.7 Optical Communications 448.8 453.4 397.4 Telecom & Datacom 384.2 360.1 267.1 Industrial & Consumer (1) 64.6 93.3 130.3 Commercial Lasers 57.2 53.4 49.3 Gross Margin (Non-GAAP) 44.9 % 48.2 % 51.0 % Optical Comm
Slide 7: Balance Sheet
Balance Sheet Selected Items Q2 FY23 Q1 FY23 $ in millions Cash and Short-term Investments $1,680.4 $1,624.9 Working Capital(1) 418.6 430.9 Property, Plant & Equipment, net 487.7 478.0 Total Assets 4,418.1 4,387.4 Total Liabilities 2,874.5 2,861.0 Shareholder’s Equity 1,543.6 1,526.4 (1) Working cap
Slide 8: Q3 FY23 Guidance (Non-GAAP)
Q3 FY23 Guidance (Non-GAAP) Guidance is based on our expectations as of today and will not be updated or confirmed as of any other date Q2 FY23 Q3 FY23 $ in millions except for EPS, % of revenue Actual Guidance Revenue $506.0 $430 - $460 Operating Margin 23.1% 17% - 19% Diluted EPS $1.52 $1.00 - $1.
Slide 9: Thank you
Thank you ZLUMENTUM