Lumentum's Q4 revenue jumps 109% to $1.006B, dr...

• Lumentum Q4 revenue surged 109% to $1.006B, gross margin 50.4%. • AI networking expansion, OCS revenue expected >$100M quarterly. • Stock rose 3.79% to $1,085.42, near 52-week high. Lumentum reported Q4 revenue of $1.006B, up 109% YoY, with 50.4% gross margin. AI networking and OCS business are growing rapidly, with OCS revenue forecast to exceed $100M quarterly. Strong demand for lasers and AI infrastructure supports growth projections through 2028. Shares rose 3.79% to $1,085.42 near the 52-week high despite a high valuation of 48x earnings, supported by 156% expected EPS growth.