Viavi Solutions (VIAV) Tops Q3 EPS by 2c

Viavi Solutions (NASDAQ: VIAV) reported Q3 EPS of $0.09, $0.02 better than the analyst estimate of $0.07. Revenue for the quarter came in at $196 million versus the consensus estimate of $196.82 million.

• GAAP and Non-GAAP net revenue of $196.0 million, down $24.4 million or (11.1)% year-over-year
• GAAP operating margin of (7.8)%, down 1,110 bps year-over-year
• Non-GAAP operating margin of 11.9%, remained relatively flat year-over-year
• GAAP EPS from continuing operations of $0.11, down (0.01) or (8.3)% year-over-year
• Non-GAAP EPS from continuing operations of $0.09, remained relatively flat year-over-year

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

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