Concerns arise over the riskiness of a company unable to pro...

Moomoo AI Oct 9, 2023 01:50

Concerns arise over the riskiness of a company unable to profit at EBIT level, despite a 3.2% revenue increase. Its $132 million loss and heavy debt load allude to a shaky investment.

Is Lumentum Holdings (NASDAQ:LITE) Using Too Much Debt?

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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