us being employees technology product both in Employees well and are employees. have everyone. and They health through company's Thank a priority having their well leadership. the great my ones you, times. such financially, is and are position, thank have families. as and I this want working own our living put incredible in to Jim. Good these crisis morning, despite, They outset, as challenges, the each greatest protecting top of At personal with that the been the and asset their our our absolutely
the constructively is everyone have I'd including surely all shareholders these stakeholders, facing in challenges rest also like thank for partnership. on their to suppliers of been support Well, customers, together. challenges overcoming difficult and our focused
we our success as and everything to in well as for highest supply of is customers. my ensure next our the protecting priority execution ensuring on This can our to employees, us. both customers, help therefore future is new After we do the products products
Third quarter strong. was demand very
dramatically fourth the we accelerated related more fourth as impact will late than anticipating before impacting than of were spread midpoint $XX end what virus quarter, our COVID-XX more our outlook. third for COVID-XX challenges quarter that COVID-XX due brunt China. XX% the quickly rapidly guidance the Our below estimates to million, outside revenue but was revenue is from on our challenges began. of the of that by the quarter quarter, We lower within the guidance, the is of prior in COVID-XX as our range fourth the
half earnings than than to market We our more component COVID-XX the reduced related and of lowers $XX million fourth share. production Little and result sourcing reduction this communication supply a balance $X.XX products, from the revenue per is that estimate by consumer to demand. more inability projected and quarter due of both industrial limitations
tactically long-term address evolving our strategic the rapidly our does focus fluid change we While or react continue to opportunity. not diminish to and situation, COVID-XX
an since and strategic with growth will will close markets the over been leadership that partnerships healthy in customer company independent product expect has public strong be have Our long-term. we became focus and technology we
have addition, investments keenly executing over seeing with management In we this we capital disciplined We focused focus. our on structure. operations, the and are of benefits believe
We have make we attained sustainable indispensable technology positions markets to serve. leadership us the that
will world. the business therefore the the cloud with long-term. care, sheet. networks, impact financially become We and balance should and world's This commerce accelerating virtual accelerate drive communications and strong our entertainment, a and interaction health believe will devices. social have high digital solid very volumes We the communication increasingly COVID-XX believe optical higher need shift stress around to shift work, performance to education, the leading profitability we favorably and industry of over this approaches for Additionally, will
XD accelerating this believe shift long-term. clients over also will business favorably impact the our We sensing of laser and
dependent we be even secure to accelerating and hardware the to before. we produce address communicate because technology than by the types new products strategy consume, interact growth that of Further, these content. planning innovation we strongly programs. autonomous and and to trends critically with apt long-term Because are on our will and are easier digital we customer markets driven more and virtual more and supply, more devices are other believe needed invest is are in we to trends, As believe continue of
growth our our further and to market leading drive we expect By doing positions. this,
and financial to to us increased has gotten further of strategic I cost Our focused this our in the all efficiency operations be that want laser discipline will we savings are financial point. that be continue clear, bolster investments to on guided to strength. and strong by our driving also
rely on supply some I product we before As status to around with details, valuable the details a chain, provide line you it think discussing of on highly global world. is our the operations
In to tradeshows early We and home. rapidly like external working We COVID-XX conferences travel responded many early started in company the in implemented from March, outbreak all restrictions cancelled of events quickly our participation and employees and February. oversights.
able who have We not off not are to their work function laid employees, including home. those perform furloughed or from
operate communities we sample. the We're also helping in which
supply used and health procure Protective Personal to Equipment we chains or PPE have our donate example to For commercial care providers.
also been and to expanded internal have leveraging PPE. employees our produce of charitable limited quantities programs. donation Our And capabilities we've donate
all the world, of locations have nearly shelter-in-place our local mandated governments measures, In social around distancing orders. including
we business due global key communications to deemed in systems. role by play essential chains these We are supply critical of the local governments an the and healthcare
As permitted and regarding Asia operations. such, in and we continue factories encouraged which test assembly to have been perform our operations,
extended quickly Lunar In we to China, Lunar for because demand our employees Shenzhen after holiday. the Year number able the factory we're of from strong products, had working up Year New production ramp to New a due holiday large through
from the by obtaining factory and inside However, third our challenges impacted in components was quarter suppliers of and third-party Shenzhen China. outside
quarter. to in the there is supply some improving Our impact be fourth continues component
third These far, experiencing we had been output limited in rapidly but implemented Thailand measures Thailand the employee has impacted production In quarter. measures Shenzhen sourcing not components. by the that with is challenges protective are in so same factory
in partner for the ramping for to contract but a manufacturing Malaysia, movement after telecom but XX. order the been use Malaysian issued since quarter, In production third on March this, we weeks due had revenue, transmission of impacted our no several significantly the had then. late government slowly production majority We control was
government to expect Over to to the order. production prior close levels coming weeks return we those the to
the Our protect operating to are all Japan, health efficiencies than our implementing the of wafer to the fab protocols social and other and at lower to U.S., before, some distancing due employees. the U.K.,
is of data fab Japan chips. source Our comp the our
fab products chips telecom chips and supplies our fab U.K. U.S. and transport products. commercial for for telecom lasers supplies Our transmission
to lower our U.K. in limiting to customer fabs The strong, demand. efficiency grow meet ability our increasing and is and
our We to meet ability the U.S. adding have use the XD fabs Taiwan, products. U.K. for increase sensing in We for demand capital this in but and and takes to our third-party and impact time. customer are hiring these not equipment any capacity, seen
have home meetings, created is tools. for the median Outside with these more digital from we bandwidth February, virtual of operations, very in than our are early since general extensively in and million is working and our using meetings have growth an traffic bright per network of X Lumentum. minutes week this The added indicator we where increase future in employees virtual collaboration
a We operating for our even programs, R&D working in progress staff limited number majority make in of our equipment home. working the to have engineers are from who of continue We home. with from vast do those labs,
We’re designs the new our development generation continuing products of in next for fabs. wafer
following essential also employing All measures. of workers these personal strict social and other distancing are protective rules,
line the details. lines. telecom our product and Now, On product to I'll turn datacom
very Before expansion. accelerating, driven by data deployments strong telecom to upgrades COVID-XX, center infrastructure cloud start XG and demand was significant and global to
quarter. lines. products We’re from key book-to-bill than and sequentially, across datacom over up driving quarter most expanded on third looking more X.X, was through COVID-XX, transmission, product in by constrained throughout telecom the these Despite the already chips demand transport prior X.X supply XX% strong to
exacerbated supply challenges. however existing outbreak The
a our gig challenges, for Malaysia from high next telecom components these systems. third decreased supply and module sequentially. telecom and result, gig to China In quarter. bandwidth VCO significantly products late revenue As XXX negatively datacom the was grow X% indium and of particular, in our revenue the transmission and XXX continue generation Despite phosphide we supply impacted
lithium We in as and of quarter, the to this near quarter, we nitrate and lithium next the quarters, fab nitrate decline approximate have to based over ramp sale the lithium the zero had our titan revenue During our close wafer production. expect down previously. we of two we continue $XX highlighted to nitrate million
revenue transport by and to more and China and from robust. for Thailand Remaining elsewhere, while client third revenue sequentially but product more million quarter. components approximately XX% zero flat on within as Asia. or reliant $X chip grow next Datacom planned. two the is increasing of than center supply as approximately limited on growth manufacturing the in These the strongly, operations, was Telecom key demand XG in was continues transceiver are lines China quarter data parties was than quarter was
new of laser cost lowering while amplifier products of is un-cored reduce addressed power set to new XXXG full Pam consumption and optical that leveraged data we to center and our phosphide highly indium During products telecom the DMLs These four datacom third capabilities XXG and higher arsenide enable differentiated Pam bandwidth, and gallium products. pixels power, new quarter, and the efficiently EMLs range introduced key four pump included wide applications. increase
to fourth Looking the quarter.
earlier, As telecom and remains indicated I bookings robust continue. strong datacom demand
XXX% expect for but them current half Malaysia limited However, these the are to million constraints calendar Supply telecom transmission and supply backlog are yet. to won't of constraints. growth until related and we have datacom able not improving, year. at we we output revenue be satisfy by the in $XXX COVID-XX We products, be than more of second telecom
Telecom in market to momentum in in product transport demand, Datacom to relieving gated progress our sequentially, revenue it's is XG new revenue capacity on due by up supply cloud wafer still is due to strong sequentially, to once chip expected the be be again, up fab. market. expected but challenges continued and
and long-term long-term industry optimistic demand expected and We leadership the outlook telecom positions product datacom for and about technology improving dynamics. to lines, product trends, our are due
experience and in The market leading COVID-XX This in scaling highlighted is need initial to directly datacom life. very us. This to favorable I all do of is our changing drives world's how things capacity. designing around telecom remarks, change enable networks the we in with is work products. for our to the higher As my products aspects
higher components needed coherent phosphide and network the density indium enable higher for Our bandwidth. speed and modules
network Our And are more high scale to XG ROADM MxN port efficiencies consumption much chips and enables critically count drive and and capacity next-generation our networks. power capacity, networks center important datacom to in data higher efficiently. technology lower speed,
consumer. and industrial to Turning
higher sequentially demand consumer to prior relative their and and up to XD percentage sensing increase driven were but offerings customers, of lines last industrial products. enabled down XD sensing as XX% factors, seasonal incorporating by product expected, Year-on-year growth product XX% for a Our due compared year, in was consumer year. to the
for of quarter. for LiDAR steeply production in cameras volume consumer the lasers We applications or third ramp world-facing
lasers upsets We expect year. to calendar continue volumes ramp to throughout the
around for the sensing Looking to our quarter, around and to risk products fourth XD contemplates programs. demand our consumer the smartphone supply chain timing potential more significantly potential by declining XX% our expectations impacting demand, customer than for guidance of challenges due new
new have of We range a products.
of world-facing any timing will cameras. early are the in calendar year, sensing with the designs increase additional or consumer we to We that are expect or impact ready to XD the quantify the due of It too but programs LiDAR penetration very including we situation. enabled half ramp of second to new is the volumes, monitoring world-facing COVID-XX, closely confidence,
of to We're add broad consumer, believe make enable into the front sensing market progress to to long-term. models. a to We to LiDAR customers facing sensing on Mobile looking and range or automotive and a LiDAR with of range engaged industrial over will continue the world-facing applications. plans XD end grow manufacturers focused incorporate device XD continue markets, capabilities on capabilities their their the
onto lasers. Now
sales. revenue lasers million quarter decreased decline driven laser Third primarily fiber by in $XX.X
in further, will several manufacturing. it is growth quarters, our the to fiber business soften lasers over as tied expect We global that next
state not seen in in attains certain fabrications. quarter nearly XG years. markets solid to revenue including was quarter laser nicely two due levels expanded and semiconductor antenna in This Our on strength manufacturing
declining We by expect larger these laser the resulting trends to state than revenue approximately in sequentially growth, being declines quarter XX%. fourth solid fiber with continue laser into
our Throughout much with supply, the about give products, the my world usual, more than faces operations, to COVID-XX. challenges status of dynamic demand, market to I've detail the tried ability our given and you our remarks, for
we COVID-XX, of the were a to strong our has COVID-XX situation. products. communications The satisfy pandemic demand for Before many exacerbated challenged customer
quarters. take on supply few better; ability up will products demand Our getting strong more to a these is catching the
while and weather short tried that to apt, both all important. to strength, and long we financial I I we succeed highlight term to is are even market times, strategy position living even our our difficult are term. more and the well in believe through positioned Finally, the more
hand With Wajid. that, it to over I'll
