Viavi Solutions (VIAV) Misses Q3 EPS by 1c, Misses on Revenue

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VIAVI ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS

May 2, 2024 4:15 PM EDT

Third Quarter

Net revenue of $246.0 million, down $1.8 million or 0.7% year-over-yearGAAP operating margin of (4.8)%, down 400 bps year-over-yearNon-GAAP operating margin of 9.3%, down 210 bps year-over-yearGAAP diluted Earnings per share (EPS) of $(0.11), down $0.04 or 57.1% year-over-yearNon-GAAP diluted EPS of $0.06, down $0.02 or 25.0% year-over-year

CHANDLER, Ariz., May 2, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its third fiscal quarter ended March 30, 2024.

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