Viavi Solutions (VIAV) Tops Q1 EPS by 1c, Revenues In-Line; Offers 2Q19 EPS/Revenue Outlook

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VIAVI Announces First Quarter Fiscal 2019 Results

November 1, 2018 4:01 PM EDT

SAN JOSE, Calif., Nov. 1, 2018 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its first fiscal quarter ended September 29, 2018.

First quarter of fiscal 2019 net revenue was $268.5 million. GAAP net loss was $(15.3) million, or $(0.07) per share. Non-GAAP net income was $35.2 million, or $0.15 per share.

Fourth quarter of fiscal 2018 net revenue was $260.7 million. GAAP net loss was $(29.2) million or $(0.13) per share. Non-GAAP net income was $27.1... More