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General

Lumentum sees sequential fall in revenues, margin in March quarter after coronavirus outbreak

Tuesday 4 February 2020 | 17:16 CET | News
The coronavirus outbreak in China has reduced Lumentum's forecast for quarterly revenues by USD 15-20 million. The optical components marker said it's giving a wider than normal revenue range for the March quarter, due to the anticipated impact of the outbreak. The company was otherwise positive on the outlook, saying it sees strengthening demand in the telecom transport segment and expects 400G and higher products to ramp up in the course of the year. 

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Categories: General
Companies: Lumentum
Countries: World
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