🟢 Lumentum is trading 4.7% up today after first-quarter guidance reportedly exceeded Wall Street expectations

Lumentum is trading 4.65% up now at $921.38 after investors continued reassessing its August 11 earnings and guidance.

• Fiscal fourth-quarter revenue reached $1.01 billion, and adjusted EPS was $3.23.
• First-quarter guidance reportedly exceeded Wall Street expectations, supported by accelerating AI data-center optical demand.
• The move follows a volatile earnings reaction; shares previously closed at $880.41 after a 5.58% decline. Semiconductor strength is providing additional support as AI infrastructure demand concerns ease.