This is Kathy Ta, Lumentum's vice president of investor relations. Joining me today are Alan Lowe, president and chief executive officer; Wajid Ali, chief financial officer; and Chris Coldren, senior vice president and chief strategy and corporate development officer.
Lumentum (LITE) delivered earnings and revenue surprises of 8.89% and 0.07%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Wix's (WIX) Q2 performance is likely to benefit from strong bookings growth and an improving user base. Forex volatility and weakness in global macroeconomic conditions are likely to act as headwinds.