Lumentum Holdings Inc. LITE San Jose — Number of properties sold
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Where this comes from
Reported directly by Lumentum Holdings Inc. in its filing.
Tagged under the XBRL concept lite:NumberOfPropertiesSold.
The source filing: Lumentum Holdings Inc.’s 10-Q, filed May 6, 2026.
- Filed
- May 5, 2026, 8:00 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-030777
In March 2026, we completed the sale of two commercial real estate properties located in San Jose, California. The properties consist of commercial buildings used by us for office, research and development and manufacturing support activities. The agreement provided for a cash purchase price of $43.0 million and included a short-term rental arrangement under which we will continue to occupy the properties through July 1, 2026. We recorded a loss on sale of $0.2 million and $7.7 million during the three and nine months ended March 28, 2026, respectively, which is included in the selling, general and administrative expenses in our condensed consolidated statements of operations.
ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)
FAQ
- What is Lumentum Holdings Inc.'s san jose — number of properties sold?
- Lumentum Holdings Inc. (LITE) reported san jose — number of properties sold of 2 in Q1 2026.
- What does san jose — number of properties sold mean?
- This metric tracks the total count of real estate assets or facility units divested within the specified geographic region during a reporting period. It serves as an indicator of the company's real estate portfolio optimization strategy and footprint consolidation efforts in that area.
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