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Profile - Luminent, Inc. (NasdaqNM:LMNE)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials
Recent Events
Aug 31Price hit new 52-week low ($1.97)
Location
20550 Nordhoff Street
Chatsworth, CA 91311
Phone: (818) 773-9044
Fax: (818) 576-9456
Email: cs@luminentinc.com
Employees (last reported count): 1,639
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Semiconductors
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Ownership
·Insider and 5%+ Owners: 7%
·Institutional: 8% (9% of float)
(80 institutions)
·Net Inst. Buying: 289.0K shares (+2.17%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Luminent, Inc. designs, manufactures and sells a comprehensive line of fiber-optic components that enable communications equipment manufacturers to provide optical networking equipment for the metropolitan and access segments of communications networks. Its products are designed to meet the increasing bandwidth requirements between long-haul telecommunication networks and end users. The Company specializes in single-mode fiber-optic components and subsystems for high-capacity data transmission for long-reach applications in the metropolitan and access markets. The Company provides a broad product line of high-performance fiber-optic components, the technical depth to offer next-generation optical components, a quick response to new requirements and volume manufacturing for these components. Its direct sales customers include communications equipment manufacturers such as Cisco Systems, General Instrument, Marconi Communications and Pandacom.
More from Market Guide: Expanded Business Description

Financial Summary
Luminent, Inc. designs, manufactures and sells a comprehensive line of fiber optic components that enable communications equipment manufacturers to provide optical networking solutions for the rapidly growing metropolitan and access segments of communications networks. For the six months ended 6/30/01, revenues totalled $89.3 million, up from $43 million. Net loss totalled $88.3 million, up from $10.7 million. Results reflect acquisitions offset by S/G/A and amortization costs.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Pay

Noam Lotan, 48
Chairman
$100K
William Spivey, Ph.D., 53
Pres, CEO, Director
--  
C. Hwang, Ph.D., 62
Pres, Optronics
--  
Steve Lin, 39
Pres, Fiber Optic Communications
--  
Eric Blachno, 38
VP-Fin., CFO, Sec.
--  
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:LMNEAs of 31-Aug-2001
Price and Volume
52-Week Low
on 31-Aug-2001
$1.97 
Recent Price$2.01 
52-Week High
on 15-Nov-2000
$13.125
Daily Volume (3-month avg)466.2K
Daily Volume (10-day avg)306.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y]
26-Week Change-64.3%
26-Week Change
relative to S&P500
-61.1%
Share-Related Items
Market Capitalization$313.6M
Shares Outstanding156.0M
Float145.1M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$3.05 
Earnings (ttm)-$0.94 
Earnings (mrq)-$0.42 
Sales (ttm)$1.12 
Cash (mrq)$0.60 
Valuation Ratios
Price/Book (mrq)0.66 
Price/EarningsN/A 
Price/Sales (ttm)1.79 
Income Statements
Sales (ttm)$170.5M
EBITDA (ttm)-$68.6M
Income available to common (ttm)-$142.6M
Profitability
Profit Margin (ttm)-84.3%
Operating Margin (ttm)-85.3%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-27.84%
Return on Equity (ttm)-31.06%
Financial Strength
Current Ratio (mrq)3.20 
Debt/Equity (mrq)0.05 
Total Cash (mrq)$93.1M
Short Interest
As of 8-Aug-2001
Shares Short6.66M
Percent of Float4.6%
Shares Short
(Prior Month)
9.10M
Short Ratio10.97 
Daily Volume607.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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