Viavi Solutions (VIAV) Misses Q1 EPS by 1c, Offers Guidance
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VIAVI ANNOUNCES FIRST QUARTER FISCAL 2024 RESULTS
November 2, 2023 4:15 PM EDTFirst Quarter
Net revenue of $247.9 million, down $62.3 million or 20.1% year-over-yearGAAP operating margin of 6.5%, down 960 bps year-over-yearNon-GAAP operating margin of 12.4%, down 930 bps year-over-year, slightly below the low-end of our guidance rangeGAAP diluted Earnings per share (EPS) of $0.04, down $0.10 or 71.4% year-over-yearNon-GAAP diluted EPS of $0.09, down $0.14 or 60.9% year-over-yearCHANDLER, Ariz., Nov. 2, 2023 /PRNewswire/ --Â VIAVI (NASDAQ: VIAV) today reported results for its first... More
