Lumentum Holdings Inc. (LITE) Presents at Barclays 23rd Annual Global Technology Conference Transcript
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SA Transcripts157.29K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Lumentum Holdings Inc. (LITE) Barclays 23rd Annual Global Technology Conference December 10, 2025 12:15 PM EST Company Participants Wupen Yuen - President of Global Business Unit Conference Call Participants Thomas O'Malley - Barclays Bank PLC, Research Division Presentation Thomas O'MalleyBarclays Bank PLC, Research Division All right, everyone. Welcome back to the Barclays Global Tech Conference. I'm Tom O'Malley, semi and semi-cap analyst here. I'm very happy to have Wupen Yuen with Lumentum. Thank you for being here. Wupen YuenPresident of Global Business Unit Thank you. Question-and-Answer Session Thomas O'MalleyBarclays Bank PLC, Research Division So it's been some crazy times of late. You've seen an unprecedented demand in AI kind of come into the market. You guys have talked about certain areas in your portfolio in which things have gotten tight. So maybe start with like a mark-to-market. Where are you seeing tightness? Is this across the portfolio? And then maybe how long do you think that dynamic lasts? Wupen YuenPresident of Global Business Unit Yes. Actually, to be honest, I think the short summary is that we're seeing tightness across the board. Every single product line we have today is -- we are basically capacity constrained. Demand is exceeding supply. And of course, certain different areas have different levels of tightness, indium phosphide, lasers is really, really tight. And then -- but even the scale across optics, also very tight. So overall, we are seeing the demand to be -- especially on the backlog and commitment customer making is really through 2027. So that's what we're seeing, right? For example, our EML lasers is basically sold out to 2026 and largely booked through 2027, right? So whether capacity will increasing continuously, it's actually spoken for fairly quickly, right? So we see that trend lasting for the next 2 years.
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