Viavi Solutions (VIAV) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q EPS Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Above Consensus

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VIAVI Announces First Quarter Fiscal 2021 Results

November 5, 2020 4:01 PM EST

SAN JOSE, Calif., Nov. 5, 2020 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its first fiscal quarter ended October 3, 2020.

First quarter of fiscal 2021 net revenue was $284.7 million. GAAP net income was $14.3 million, or $0.06 per share. Non-GAAP net income was $48.3 million, or $0.21 per share.

Fourth quarter of fiscal 2020 net... More