04:23 PM EST, 02/06/2025 (MT Newswires) -- Lumentum ( LITE ) reported fiscal Q2 non-GAAP earnings late Thursday of $0.42 per diluted share, up from $0.24 a year earlier.

Analysts polled by FactSet expected $0.36.

Net revenue in the three months ended Dec. 28 rose to $402.2 million from $366.8 million a year earlier.

Analysts surveyed by FactSet expected $389.3 million.

The company expects fiscal Q3 non-GAAP diluted EPS of $0.47 to $0.53 on net revenue of $410 million to $425 million.

Analysts polled by FactSet project EPS of $0.42 on revenue of $413.4 million.

The company's shares fell 5% in recent after-hours activity.