Lumentum Holdings Inc Q2 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Maybe just not to sort of keep going on datacom, but to just make sure I'm not confused. You talked about the product transition that your primary customer there for Cloud Light is undergoing. Maybe you can flesh that out a bit in your own words, what's the transition? And more curious to hear what's your visibility in terms of market share with the customer following that transition? Any thoughts or any color on whether you expect any changes in relation to market share? And then I have a quick follow-up.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : And maybe just for my follow-up. On the telecom segment, your primary competitor of your company is calling out a recovery in demand in China, which I'm assuming you're not able to capitalize on because of the trade regulations. But just curious if this is a situation where you would sort of just go rework the product and get through some of the supply chain reorganization to still try to address that market with a different customer? Or is this sort of an area where you really don't have an option to go around and capitalize on that demand recovery in the China market? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 08, 2024 / 1:30PM, LITE.OQ - Q2 2024 Lumentum Holdings Inc Earnings Call