Free · no account · quoted from the filing

What changed in LITE's 10-Q

Source: 10-Q filed 2026-05-06 · compared against 10-Q 2026-02-04. Every passage below is quoted verbatim from the filing itself.

Financial performance

This filing

Net income $ 144.2

Capital structure

This filing

We calculate basic earnings (loss) per common share pursuant to the two-class method as a result of the issuance of the Series A Convertible Preferred Stock

Earnings per share

This filing

Effect of dilutive securities from Series A Convertible Preferred Stock 0.9

Accounting policy

This filing

We plan to adopt ASU No. 2024-03 in the first quarter of fiscal year 2028

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.