Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Lumentum Holdings recently reported a noteworthy increase in revenue for the first quarter of fiscal year 2026, reaching $533.8 million, a 58% year-over-year rise.</li><li>This marks the highest quarterly revenue in the company's history.</li><li>The growth was propelled by strong demand for artificial intelligence (AI) infrastructure, specifically from laser chips and optical transceivers used in data centers and network interconnects.</li></ul>

Lumentum Holdings recently reported a noteworthy increase in revenue for the first quarter of fiscal year 2026, reaching $533.8 million, a 58% year-over-year rise.This marks the highest quarterly revenue in the company's history.The growth was propelled by strong demand for artificial intelligence (AI) infrastructure, specifically from laser chips and optical transceivers used in data centers and network interconnects.

Lumentum Is Building A 2026 Technology Supercycle — Could CW

<ul><li>Lumentum Holdings recently shared its fourth-quarter and full fiscal year 2025 results, showcasing both strengths and a few areas to monitor.</li><li>The company, which operates at the forefront of the cloud and AI sector through its advanced photonics solutions, reported a strong performance driven by increased demand for optical components and cloud modules.</li><li>Significant positives include a noteworthy revenue increase, particularly from the Cloud & Networking segment, which saw a year-over-year growth of 67%.</li></ul>

Lumentum Holdings recently shared its fourth-quarter and full fiscal year 2025 results, showcasing both strengths and a few areas to monitor.The company, which operates at the forefront of the cloud and AI sector through its advanced photonics solutions, reported a strong performance driven by increased demand for optical components and cloud modules.Significant positives include a noteworthy revenue increase, particularly from the Cloud & Networking segment, which saw a year-over-year growth of 67%.

Lumentum Holdings: Can Its Transition to 4-Inch Wafers Supercharge Growth?

<ul><li>Lumentum Holdings exhibited a mix of promising potential and notable challenges in its fiscal third-quarter results for 2025.</li><li>A key positive takeaway is the company's exceeding of its guidance high-end for both revenue and earnings per share (EPS), mainly driven by strong demand from cloud customers and a recovering networking market.</li><li>The company reported a revenue of $425.2 million and recorded significant progress in its Cloud & Networking segment, which grew 8% sequentially and 16% year-over-year.</li></ul>

Lumentum Holdings exhibited a mix of promising potential and notable challenges in its fiscal third-quarter results for 2025.A key positive takeaway is the company's exceeding of its guidance high-end for both revenue and earnings per share (EPS), mainly driven by strong demand from cloud customers and a recovering networking market.The company reported a revenue of $425.2 million and recorded significant progress in its Cloud & Networking segment, which grew 8% sequentially and 16% year-over-year.

Lumentum Holdings: Increasing Demand for Indium Phosphide EMLs As A Pivotal Growth Lever!

<ul><li>Lumentum Holdings recently released its second-quarter fiscal year 2025 earnings, presenting a blend of strong performance in certain segments and ongoing challenges in others.</li><li>Led by CEO Alan Lowe, who has announced his retirement, the company highlighted key financial results and strategic initiatives amidst a backdrop of leadership transition.</li><li>In the second quarter, Lumentum exceeded the high end of its guidance range for both revenue and earnings per share.</li></ul>

Lumentum Holdings recently released its second-quarter fiscal year 2025 earnings, presenting a blend of strong performance in certain segments and ongoing challenges in others.Led by CEO Alan Lowe, who has announced his retirement, the company highlighted key financial results and strategic initiatives amidst a backdrop of leadership transition.In the second quarter, Lumentum exceeded the high end of its guidance range for both revenue and earnings per share.

Lumentum Holdings: Their Recent Capacity Expansion and Technology Growth Is Fuelling Our Optimism!

Equity Long-Short, Semiconductors, Fabricated Knowledge

Douglas O'Laughlin

Equity Long-Short, Semiconductors

Fabricated Knowledge

Learn more about the world's most important manufactured product. Meaningful insight, timely analysis, and an occasional investment idea.

<ul><li><a href="https://www.smartkarma.com/entities/entegris-inc" target="_blank" data-smartkarma-citation="entities:12493" rel="noopener">Entegris Inc (ENTG US)</a> - Memory spending is happening next year, but MSI remains weak.</li><li><a href="https://www.smartkarma.com/entities/astera-labs-inc" target="_blank" data-smartkarma-citation="entities:40921" rel="noopener">Astera Labs (ALAB US)</a> - This is now the second way to play a levered Trainium ramp, as they have extensive content with <a href="https://www.smartkarma.com/entities/amazon-com-inc" target="_blank" data-smartkarma-citation="entities:409" rel="noopener">Amazon.com Inc (AMZN US)</a>.</li><li><a href="https://www.smartkarma.com/entities/lattice-semiconductor-corp" target="_blank" data-smartkarma-citation="entities:7855" rel="noopener">Lattice Semiconductor (LSCC US)</a> - Standard kitchen sink; I like the stock long-term.</li></ul>

Entegris Inc (ENTG US) - Memory spending is happening next year, but MSI remains weak.Astera Labs (ALAB US) - This is now the second way to play a levered Trainium ramp, as they have extensive content with Amazon.com Inc (AMZN US).Lattice Semiconductor (LSCC US) - Standard kitchen sink; I like the stock long-term.

Earnings: ENTG, ALAB, LSCC, SITM, QCOM, MCHP, WOLF, ARM, ACLS, AAOI, ANET, LITE, COHR

United States

Lumentum Holdings Inc. operates as a holding company. The Company, through its subsidiaries, supplies optical and photonic products. Lumentum Holdings serves data communications and telecommunications, networking, and life-sciences markets worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Lumentum Holdings (LITE US)

Lumentum Is Building A 2026 Technology Supercycle — Could CW

Lumentum Holdings recently reported a noteworthy increase in revenue for the first quarter of fiscal year 2026, reaching $533.8 million, a 58%...

Baptista Research

Lumentum Holdings: Can Its Transition to 4-Inch Wafers Supercharge Growth?

Lumentum Holdings recently shared its fourth-quarter and full fiscal year 2025 results, showcasing both strengths and a few areas to monitor. The...

Baptista Research

Lumentum Holdings: Increasing Demand for Indium Phosphide EMLs As A Pivotal Growth Lever!

Lumentum Holdings exhibited a mix of promising potential and notable challenges in its fiscal third-quarter results for 2025. A key positive...

Baptista Research

Lumentum Holdings: Their Recent Capacity Expansion and Technology Growth Is Fuelling Our Optimism!

Lumentum Holdings recently released its second-quarter fiscal year 2025 earnings, presenting a blend of strong performance in certain segments and...

Baptista Research

Earnings: ENTG, ALAB, LSCC, SITM, QCOM, MCHP, WOLF, ARM, ACLS, AAOI, ANET, LITE, COHR

What a week (I’m a bit late on this)! I wanted to give a quick overview of all the companies that reported last week. Lattice Semiconductor -...

Fabricated Knowledge

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)