{
  "generatedAt": "2026-10-09T04:57:40Z",
  "disclaimer": "Analysis and opinion, not investment advice.",
  "kind": "company",
  "slug": "lumentum",
  "name": "Lumentum",
  "ticker": "LITE",
  "url": "https://deepstack.ltd/companies/lumentum/",
  "api": "https://deepstack.ltd/api/v1/entities/companies/lumentum.json",
  "summary": "Lumentum appears in Part 11 of The Buildout. Part 11: The Backlog Is Not the Quarter.",
  "parts": [
    {
      "part": 11,
      "headline": "The Backlog Is Not the Quarter",
      "url": "https://deepstack.ltd/stories/the-backlog-is-not-the-quarter/"
    }
  ],
  "numbers": [],
  "mentions": [
    {
      "part": 11,
      "section": "Funded, not forecast",
      "excerpt": "Gaetano's September 15 list of the money behind the orders runs from Tower's prepayments to Coherent's minimum-demand guarantees and Lumentum's take-or-pay terms.",
      "url": "https://deepstack.ltd/stories/the-backlog-is-not-the-quarter/"
    },
    {
      "part": 11,
      "section": "Shipping is not earning",
      "excerpt": "Edelbridge Alpha's September 22 model for Lumentum assumes $11.1 billion of fiscal 2028 revenue against consensus near $9.6 billion, a number that requires optical circuit switches to scale quickly and current product lines to stay supply-constrained; Edelbridge still passes at current prices, because the target also needs sustained pricing power.",
      "url": "https://deepstack.ltd/stories/the-backlog-is-not-the-quarter/"
    },
    {
      "part": 11,
      "section": "The tests ahead",
      "excerpt": "The optics ramp has no date yet; Ciena, Lumentum and Coherent will each report in their own time.",
      "url": "https://deepstack.ltd/stories/the-backlog-is-not-the-quarter/"
    }
  ],
  "sides": [],
  "coverage": {
    "creators": 7,
    "claims": 162,
    "texts": 61,
    "asOf": "2026-10-08"
  },
  "lastUpdated": "2026-10-08",
  "market": null
}