Lumentum Holdings Inc. · NASDAQ:LITE

Lumentum — Q3 FY2017 Earnings Presentation

8 slides from Lumentum's earnings presentation, May 4, 2017

  1. Slide 1: Q3 FY17 Conference Call May 4, 2017

    Q3 FY17 Conference Call May 4, 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 our expectations

  3. Slide 3: Q3 FY17 Results (GAAP)

    © 2017 Lumentum Operations LLC Q3 FY17 Results (GAAP) $ millions except for EPS, % of revenue Q3 FY17 Q2 FY17 Q3 FY16(1) Revenue $255.8 $265.0 $230.4 Gross Margin 82.1 32.1% 87.0 32.8% 62.8 27.3% Operating Expenses 68.5 26.8% 73.7 27.8% 65.1 28.3% Operating income 13.6 5.3% 13.3 5.0% (2.3) (1.0)% EP

  4. Slide 4: Results (Non-GAAP)

    © 2017 Lumentum Operations LLC Q3 FY17 Results (Non-GAAP) $ millions except for EPS, % of revenue Q3 FY17 Q2 FY17 Q3 FY16(1) Revenue $255.8 $265.0 $230.4 Gross Margin 87.9 34.4% 97.9 36.9% 74.2 32.2% Operating Expenses 55.7 21.8% 58.9 22.2% 53.9 23.4% Operating income 32.2 12.6% 39.0 14.7% 20.3 8.8%

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

    © 2017 Lumentum Operations LLC Q3 FY17 Segment Results (Non-GAAP) $ millions Q3 FY17 Q2 FY17 Q3 FY16(1) Revenue $255.8 $265.0 $230.4 Optical Communications 216.1 236.6 197.2 Telecom 164.9 160.1 140.0 Datacom 39.0 68.1 45.5 Industrial & Consumer(2) 12.2 8.4 11.7 Commercial Lasers 39.7 28.4 33.2 Gross

  6. Slide 6: Balance Sheet – Selected Items

    © 2017 Lumentum Operations LLC Balance Sheet – Selected Items 6 $ millions Q3 FY17 Q2 FY17 Cash and Cash Equivalents 577.9 155.9 Working Capital(1) 171.6 169.7 Property, Plant & Equipment, net 246.6 219.6 Total Assets 1,244.5 796.7 Liabilities(2) 740.1 244.5 Shareholders’ Equity(3) 504.4 552.2 Total

  7. Slide 7: Q4 FY17 Guidance (Non-GAAP)

    © 2017 Lumentum Operations LLC Q4 FY17 Guidance (Non-GAAP) 7 $ millions except for EPS, % of revenue Q3 FY17 Actual Q4 FY17 Estimate Revenue $255.8M $220M - $235M Operating Margin 12.6% 9.0 – 11.0% EPS (diluted) $0.49 $0.30 – $0.40 Guidance provided is based on our expectations as of today and will

  8. Slide 8: Slide 8

Lumentum Holdings — Q3 FY2017 Earnings Presentation on 6ix