Viavi Solutions (VIAV) Tops Q4 EPS by 1c, Beats on Revenue; Offers FY25 Guidance

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VIAVI ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS

August 8, 2024 4:15 PM EDT

Fourth Quarter

Net revenue of $252.0 million, down $11.6 million or 4.4% year-over-yearGAAP operating margin of (2.3)%, down 680 bps year-over-yearNon-GAAP operating margin of 10.9%, down 80 bps year-over-yearGAAP Earnings per share (EPS) of $(0.10), down $0.10 year-over-yearNon-GAAP diluted EPS of $0.08, down $0.02 or 20.0% year-over-year

Fiscal 2024

Net revenue of $1.0 billion, down $105.7 million or 9.6% year-over-yearGAAP operating margin of 2.1%, down 530 bps year-over-yearNon-GAAP operating margin of 11.5%, down 410 bps year-over-yearGAAP EPS of... More