Latest news with #WajidAli
Time of India
6 days ago
- Health
- Time of India
City zoo, lion safari to reopen today after two weeks of closure
Lucknow: After about two weeks of closure following bird flu scare, Lucknow zoo and Etawah Lion Safari will reopen for visitors on Thursday. However, the zoos in Kanpur and Gorakhpur will remain closed for yet another week till June 3, as some of the inmates have tested positive for H5N1 ( avian influenza virus). The three zoos in UP, including Gorakhpur, Kanpur and Lucknow zoo and lion safari, were closed for a week on May 14 as a precautionary move, after a tigress, Shakti, died of bird flu in Gorakhpur zoo on May 7. On May 21, the closure was extended for another week, until May 27. While closure of Gorakhpur and Kanpur zoo was extended on Tuesday the decision on reopening Lucknow zoo and lion safari in Etawah was taken on Wednesday. Nawab Wajid Ali Shah Zoological Park Lucknow director Aditi Sharma said: "As per the order from principal chief conservator of forests, wildlife since there are no cases related to bird flu in Lucknow zoo and all the wild animals are healthy and safe, the zoo will reopen on Thursday."
Yahoo
07-05-2025
- Business
- Yahoo
Lumentum Holdings Inc (LITE) Q3 2025 Earnings Call Highlights: Surpassing Expectations with ...
Q : How is Lumentum tracking towards the $500 million revenue target by the end of the calendar year? A : Michael E. Hurlston, CEO, confirmed that Lumentum is on track to achieve the $500 million revenue target by the end of the year. The company is guiding a quarter at a time but remains confident in reaching this goal. The company is experiencing supply constraints in telecom products, which are expected to persist for the next several quarters. Despite ramping capacity, Lumentum Holdings Inc ( NASDAQ:LITE ) is unable to satisfy demand for narrow line width lasers for the balance of the calendar year. The company faces a 100 basis point reduction in overall gross margin due to higher material costs and tariffs on shipments to U.S. destinations. The company introduced the R300 optical circuit switch, which is expected to improve scalability and efficiency in AI clusters and intra data center networks. Lumentum Holdings Inc ( NASDAQ:LITE ) is ramping production in CW lasers for silicon photonics transceiver applications, with expectations of increased shipments. The company set a record for EML chip shipments and remains on track to more than double this business by the end of calendar 2025. Revenue in the Cloud and Networking segment grew 8% sequentially and 16% year-over-year, fueled by robust demand from hyperscale cloud customers. Lumentum Holdings Inc ( NASDAQ:LITE ) exceeded the high end of their guidance for both revenue and EPS in Q3, driven by strong demand from cloud customers. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story Continues Q: Can you provide an update on the datacom chip business and expectations for CW lasers? A: Michael E. Hurlston, CEO, stated that the company is tracking well with increased capacity in indium phosphide fabs. Demand for EMLs is outstripping supply, and there is room to add CW lasers to the mix, which extends the serviceable market. The focus remains on EMLs due to differentiation and pricing opportunities. Q: What are the assumptions around the tariff headwind, and how is production shifting from China to Thailand? A: Wajid Ali, CFO, explained that the 100 basis point headwind is due to increased component costs and tariffs. Production is being moved from China to Thailand, starting with data center interconnect products, and this shift will continue to reduce the impact of tariffs. Q: What role does Lumentum see in the co-packaged optics (CPO) market, and what is the timeline for its impact? A: Wupen Yuen, Analyst, mentioned that CPO is still some time away from significant impact. The company expects ramp volume in the second half of the next calendar year and is looking to add other components to the CPO ecosystem in the longer term. Q: How is the transceiver business performing, and what is the plan for in-sourcing versus external sourcing? A: Richard Shannon noted that all current products use CW lasers and are externally sourced. The plan is to incorporate internal lasers into transceivers early next calendar year, with a focus on CW lasers for in-sourcing. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
