Lumentum Holdings Inc. reported earnings results for the second quarter and six months ended December 30, 2023. For the second quarter, the company reported sales was USD 366.8 million compared to USD 506 million a year ago. Net loss was USD 99.1 million compared to USD 31.7 million a year ago. Basic loss per share from continuing operations was USD 1.47 compared to USD 0.46 a year ago. Diluted loss per share from continuing operations was USD 1.47 compared to USD 0.46 a year ago.
For the six months, sales was USD 684.4 million compared to USD 1,012.8 million a year ago. Net loss was USD 167 million compared to USD 32.1 million a year ago. Basic loss per share from continuing operations was USD 2.49 compared to USD 0.47 a year ago. Diluted loss per share from continuing operations was USD 2.49 compared to USD 0.47 a year ago.