Good Thank you, Jim. everyone. morning,
first strong underscores toward increased quarter our and more strategic richer all progress new A performance financial long-term revenue Our goals. scale continued our synergies margins drive and and in sequential products, helped innovative margin acquisition and gross particular, than the XXX% margins in more margin. and expand significantly Telecom ever. in time helped improvements improvements year-on-year non-GAAP for first quarter and Datacom In to gross operating first mix
have serve. we These across and R&D believe attained recently over through many enhanced positions investments more by we market markets M&A. We the successful leadership in and been have technology years sustainable
and and developing some ahead and irreplaceable learnings cases innovative and have experience products our of years We in new ramping competitors.
We R&D positions. continue to to extend our leadership invest strongly in
increased scale growth, share products. and and Our more us new allows technologies acquisition invest gains to the Oclaro resulting in organic from
number the the XD programs, current for reduced the us automotive our higher new, longer market. and level those helps combined market than of opportunities despite XX% For including in example, in such timeline more lines. customer acquisition investment key the investment than LIDAR is to before Oclaro higher on product as This R&D time having accelerate sensing
XX% to sequentially XD significantly contributed sequential the growth sensing details and further primary for XX% quarter growth. year-on-year. driver was the performance. on for Now first increased Revenue year-on-year and
incorporating percentage XX% to offerings as XX% a Our customers share the sequentially Year-on-year consumer year. compared sensing product sensing growth in XD of driven relative and were in market a and up product XD include was higher lines strong industrial last by are to prior. which winning their larger
Xd launch product and virtual sensing new quarter, in augmented authentication, first saw introductions and the the appeal photography of reality. world demonstrate customers biometric sensing facing multiple capabilities. computational XD incorporating These for and During we products, increase front
X.X We to is our for have the valuable can and a shipped is proven than replicate. capability. This advantage is sensing amazing experience competitors an difficult count billion our more a Customers our know and XD unrivaled lasers that date. around on volume world accomplishment they and to reliability
Our generations R&D sensing their with teams future customers XD are very on busy working of needs.
our their that for XX-months XD applications. since Related to customers next including LIDAR sensing devices market which for in significant call, over XD high-performance the growth of the additional capabilities result have we products, We last sensing, assemblies laser will photonic our automotive in additional incorporate addressable in should provided samples expect market.
our While of our significant many with are both applications, market we optimistic revenue is ability for unique and the to opportunity customers several these capabilities. years win very about away
Looking last guidance experienced we to sequentially, contemplates XD declining XX% this than than due the sensing year the quarter, more our larger is year's earlier which ramp. seasonal declines second to
customers the Because call laser purchase combining both high and Telecom Datacom first who serve now Turning the performance our and this in this Datacom with on to Transceiver lines. earnings commentary our our slides Datacom and are Telecom and our we chips starting Telecom quarter product our our markets. lines. of product XX-Q,
from lower the quarter, prior than lines half of Huawei was margin we the call. decline revenue remainder discontinued prior due primarily first of on sequential highlighted revenue The expected shipments In to in low sequentially, the products due the product X% sequential and were but Datacom discussed. to submarine year. decline our ROADMs and was XX% the down was the Telecom non decline up More previously to we've
demand products that is we in of our for on net many $XX constrained that from Telecom Growths equilibrium and being. remain said, of products. highest ROADMs the Revenue end ROADMs were supply Datacom discontinued quarter. as being With the flat totaled the time first in sequentially are and million on
next revenue our decline remaining this majority third with effectively occurring quarters We decline zero to the the to the quarter. of expect over two in fiscal
on a basis sequential demand up product is strong. was nicely this discontinued lines, revenue Excluding telecom and transmission
on customer demand. meet to coherent increase impacted was revenue quarter ability First by modules our to output
have in strength highlighted transport a for strength leading telecom indicator that future is often of We transmission in demand previously products.
lengthy for strength. transceiver demand Sales level. new grew an transmission a period record seeing now customers to a transport to after telecom products in XX% chips of sequentially telecom are increase of We
have for chips applications. We XG wireless customers engagement for existing from including network strong new and
Based a We on Telecom products the strong in Datacom and for strong growth support expected our optical continued the global an basis. XG to network networks. needed market be and infrastructure should on multi-year traffic, wireless datacenter by believe
our supplies networks. builds deep from believe relationships. global We regardless products expansion are well-positioned with who or customer industry-leading and of We bandwidth
EML high count speed optical include products our including access enabling DCO critical Our next components. and pixel M-by-N are XXXG of next base A products generation DML, front to and ROADMs. above range wireless transmission and transceivers and and port twin integrated high-performance global and and modules underlying high solutions. hall customer high-performance highly generation
baud phosphide gigabit for those transmission. rate indium And including XXX components high finally
we quarter, Telecom chip second revenue will the in be primarily to transmission given Looking and expect sales. Datacom transceiver up sequentially growth and telecom by
Now on to lasers.
softened demands projected dipping to levels, than customer more laser due inventory elevated to $XX.X resulting quarter First million. in revenue
mid the rebound second million to the level. to quarter, $XX Looking low we lasers expect to to
good run because opportunities and introductions to product investments of market Over have we the new we in product believe technologies, long laser by in growth. addition new for unique growth driven our
and diversification. us with commercial addressable significant my we provides market with into the Our to our and strategic of highlighted provides remarks, customer goals. level toward important market financial business have long-term and to a end I've lasers significant is made strategy. us progress Throughout grow It our
Lumentum, and of for design have wins Over well a to investments stakeholders. in M&A. time our new are We we all products, power we the create past future. markets, very the and significant it a investments At of as brighter position the future releasing made several is believe these years, exciting light for
especially over for their put employees work like us great now to to Wajid. in hand I would I a that thank hard it has position. will such our
