Research Feed
LITE 10-Q: Capex +40%, OCF +189% Confirm Demand Thesis — But Valuation Stretched vs Peers
LITE's Q2 FY26 10-Q (filed Feb 4) confirms the bull demand thesis with hard evidence: capex +40% YoY ($160M/6mo), OCF +189% to $185M, and physical capacity buildout ($87M net PP&E increase despite depreciation). This is the fourth independent optical supply chain signal (after GLW, VIAV, FN) validat
Optical Networking Supply Chain Confirms Capacity Constraint - Fourth Independent Signal
LITE Q2 FY26 earnings 8-K (Feb 3) beat on all metrics with forward guidance acceleration: - Q2 Revenue: $665.5M (+65% YoY, +25% QoQ) - hit high end of guidance - Non-GAAP EPS: $1.67 vs $1.41 estimate (+18.6% beat) - Non-GAAP Operating Margin: 25.2% (+1,730 bps YoY) - Q3 Guidance: $780-830M revenue (