Lumentum Holdings Inc. reported earnings results for the third quarter and nine months ended March 30, 2024. For the third quarter, the company reported sales was USD 366.5 million compared to USD 383.4 million a year ago. Net loss was USD 127 million compared to USD 39.3 million a year ago. Basic loss per share from continuing operations was USD 1.88 compared to USD 0.57 a year ago. Diluted loss per share from continuing operations was USD 1.88 compared to USD 0.57 a year ago.
For the nine months, sales was USD 1,050.9 million compared to USD 1,396.2 million a year ago. Net loss was USD 294 million compared to USD 71.4 million a year ago. Basic loss per share from continuing operations was USD 4.38 compared to USD 1.05 a year ago. Diluted loss per share from continuing operations was USD 4.38 compared to USD 1.05 a year ago.