Lumentum Holdings Inc. (NASDAQ:LITE) Q1 2024 Earnings Conference Call November 8, 2023 8:30 AM ET

Company Participants

Kathy Ta - Vice President of Investor Relations

Alan Lowe - President and Chief Executive Officer

Wajid Ali - Chief Financial Officer

Chris Coldren - Senior Vice President and Chief Strategy and Corporate Development Officer

Conference Call Participants

Simon Leopold - Raymond James

Joe Cardoso - JPMorgan

Meta Marshall - Morgan Stanley

David Vogt - UBS

Vivek Arya - Bank of America Securities

George Notter - Jefferies

Christopher Rowland - Susquehanna

Ananda Barua - Loop Capital

Mike Genovese - Rosenblatt Securities

Ruben Roy - Stifel

Dave Kang - B. Riley

Operator

Good day, everyone, and welcome to the Lumentum Holdings First Quarter Fiscal Year 2024 Earnings Call. All participants will be in a listen-only mode. Please also note, today's event is being recorded for replay purposes. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the conference call over to Kathy Ta, Vice President of Investor Relations. Ms. Ta, please go ahead.

Kathy Ta

Thank you, and welcome to Lumentum's fiscal first quarter 2024 earnings call. This is Kathy Ta, Lumentum's Vice President of Investor Relations. Joining me today are Alan Lowe, President and Chief Executive Officer; Wajid Ali, Chief Financial Officer; and Chris Coldren, Senior Vice President and Chief Strategy and Corporate Development Officer.

Today's call will include forward-looking statements, including statements regarding our expectations and beliefs regarding recent acquisitions, including Cloud Light and NeoPhotonics; financial and operating results; macroeconomic trends; trends and expectations for our products and technology; our end markets; market opportunities and customers; and our expected financial performance, including our guidance as well as statements regarding our future revenues, financial model, and margin targets.

These statements are subject to risks and uncertainties that could cause actual results to differ materially from our current expectations, particularly the risk factors described in our SEC filings. We encourage you to review our most recent filings with the SEC, particularly the risk factors described in the 10-K for the fiscal year ended July 1, 2023, and our 10-Q that will be filed soon.

The forward-looking statements provided during this call are based on Lumentum's reasonable beliefs and expectations as of today. Lumentum undertakes no obligation to update these statements, except as required by applicable law.

Please also note that unless otherwise stated, all financial results and projections discussed in this call are non-GAAP. Non-GAAP financials are not to be considered as a substitute for, or superior to, financials prepared in accordance with GAAP.