Why Are NeoPhotonics Shares Trading Higher Today?
Lumentum Holdings Inc (NASDAQ:LITE) agreed to acquire NeoPhotonics Corp (NYSE:NPTN) for $16 per share in cash, implying a total equity value of…
Lumentum Reports Will Buy NeoPhotonics At $16/Share In Cash
- Combination accelerates Lumentum's penetration of the fast-growing opportunity for high-speed optical components for cloud and telecom network infrastructure and creates a better partner for customers globally
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Earnings Scheduled For November 4, 2021
Companies Reporting Before The Bell
• DISH Network (NASDAQ:DISH) is likely to report quarterly earnings at $0.91 per share on revenue of $4.45 billion.
Raymond James Downgrades Lumentum Holdings to Outperform
Raymond James analyst Simon Leopold downgrades Lumentum Holdings (NASDAQ:LITE) from Strong Buy to Outperform.
Lumentum Announces Formation Of SmartTuning Multi-Source Agreement With Group Of Industry Suppliers
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the formation of the SmartTuning Multi-Source Agreement (MSA)
Craig-Hallum Maintains Buy on Lumentum Holdings, Raises Price Target to $100
Craig-Hallum analyst Richard Shannon maintains Lumentum Holdings (NASDAQ:LITE) with a Buy and raises the price target from $90 to $100.
Rosenblatt Maintains Neutral on Lumentum Holdings, Raises Price Target to $85
Rosenblatt analyst Hans Mosesmann maintains Lumentum Holdings (NASDAQ:LITE) with a Neutral and raises the price target from $80 to $85.
Raymond James Maintains Strong Buy on Lumentum Holdings, Raises Price Target to $96
Raymond James analyst Simon Leopold maintains Lumentum Holdings (NASDAQ:LITE) with a Strong Buy and raises the price target from $85 to $96.
Lumentum Q4 Result Tops Consensus; Semiconductor Components Shortage Weighs On Q1 Revenue Outlook
Lumentum Holdings Inc (NASDAQ:LITE) reported fourth-quarter FY21 revenue growth of 6.5% year-on-year to $392.1 million, beating the analyst consensus of $382.2…