Viavi Solutions (VIAV) Tops Q4 EPS by 2c, Offers Guidance

Go back to Viavi Solutions (VIAV) Tops Q4 EPS by 2c, Offers Guidance

VIAVI ANNOUNCES FOURTH QUARTER AND YEAR ENDED FISCAL 2023 RESULTS

August 10, 2023 4:15 PM EDT

Fourth Quarter

Net revenue of $263.6 million, down $71.7 million or 21.4% year-over-yearGAAP operating margin of 4.5%, down 980 bps year-over-yearNon-GAAP operating margin of 11.7%, down 960 bps year-over-yearGAAP EPS of $0.00, down $0.07 or 100.0% year-over-yearNon-GAAP EPS of $0.10, down $0.14 or 58.3% year-over-year

Fiscal 2023

Net revenues of $1.1 billion, down $186.3 million or 14.4% year-over-yearGAAP operating margin of 7.4%, down 690 bps year-over-yearNon-GAAP operating margin of 15.6%, down 660 bps year-over-yearGAAP EPS of $0.11, up $0.04 or 57.1% year-over-yearNon-GAAP EPS of $0.55, down $0.40 or... More