Viavi Solutions (VIAV) Tops Q1 EPS by 3c, Beats on Revenues

Viavi Solutions (NASDAQ: VIAV) reported Q1 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $195.2 million versus the consensus estimate of $183.89 million.

First Quarter

• GAAP and Non-GAAP net revenue of $195.2 million, down $15.6 million or (7.4)% year-over-year
• GAAP operating margin of 5.1%, up 30 bps year-over-year
• Non-GAAP operating margin of 15.1%, up 210 bps year-over-year
• GAAP EPS of $(0.02), down $0.35 or (106.1)% year-over-year
• Non-GAAP EPS of $0.11, up $0.02 or 22.2% year-over-year

For earnings history and earnings-related data on Viavi Solutions (VIAV) click here.

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