Discontinued — last reported Q3 '23
Optical Communications — Goodwill
Lumentum Holdings Inc. Optical Communications — Goodwill remained flat by 0.0% to $10.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $10.90M to $10.90M. Over 2 years (FY 2021 to FY 2023), Optical Communications — Goodwill shows relatively stable performance with a -1.7% CAGR.
Analysis
How to read this metric
An increase typically reflects recent acquisitions within the optical communications sector, while a decrease indicates either impairment charges due to underperformance or the divestiture of assets within the segment.
Detailed definition
This metric represents the carrying value of goodwill specifically allocated to the Optical Communications business segm...
Peer comparison
Peers in the optical networking and telecommunications hardware industry often report segment-specific goodwill, which varies significantly based on the frequency and scale of M&A activity.
lite_segment_optical_communications_segment_goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $363.50M | $363.50M | $363.50M | $363.50M | $363.50M | $10.90M | $692.80M | $690.80M | $10.90M | $10.90M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | -97.0% | >999% | -0.3% | -98.4% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | -97.0% | +90.6% | +90.0% | -97.0% | +0.0% |
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Frequently Asked Questions
- What is Lumentum Holdings Inc.'s optical communications — goodwill?
- Lumentum Holdings Inc. (LITE) reported optical communications — goodwill of $10.90M in Q3 2023.
- How has Lumentum Holdings Inc.'s optical communications — goodwill changed year-over-year?
- Lumentum Holdings Inc.'s optical communications — goodwill decreased by 0.0% year-over-year, from $10.90M to $10.90M.
- What is the long-term trend for Lumentum Holdings Inc.'s optical communications — goodwill?
- Over 2 years (2021 to 2023), Lumentum Holdings Inc.'s optical communications — goodwill has grown at a -1.7% compound annual growth rate (CAGR), from $1.45B to $1.41B.
- What does optical communications — goodwill mean?
- The value of intangible assets like brand reputation and synergies attributed to the Optical Communications business segment following past acquisitions.