$LITE's print was outstanding, revenue hit $1.006B, up 24.5% QoQ and 109% YoY, topping the $960M-$1.01B guide and clearing the $1B mark for the first time. That's real confirmation for the photonics thesis, not just a headline beat, and $AXTI looks like an adjacent winner off the same read. $COHR still reports tonight, but with almost every other name in the group already in, the sector's holding up fine into it. Staying long the theme.
Aggregated and distilled by Two Sentence Traders. Not financial advice.