Viavi Q1 FY2023 revenue $310.2M, down 5.1% YoY; GAAP EPS $0.14, non-GAAP EPS $0.23

VIAVI SOLUTIONS INC.

2023-Q1 EPS reported $0.14 revenue$310,200,000

Net revenue $310.2M (-5.1% YoY); GAAP net income $32.6M ($0.14 EPS) vs loss of $54.8M (-$0.24) a year ago.
Non-GAAP net income $52.5M ($0.23 EPS) vs $58.2M ($0.24) prior year; non-GAAP operating margin 21.7% (-100 bps YoY).
GAAP operating margin 16.1% (+170 bps YoY); NSE segment hit by rapid service provider slowdown; OSP segment exceeded guidance.
Cash and investments over $510M; management cites strong balance sheet to manage near-term macro uncertainty.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VIAVI SOLUTIONS INC. reported preliminary financial results for its fiscal first quarter ended October 1, 2022.

Period: its fiscal first quarter ended October 1, 2022
Result: preliminary results

Exact text from the filing

Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal first quarter ended October 1, 2022.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

VIAVI SOLUTIONS INC. filing history →

Source: SEC EDGAR

accession 0000912093-22-000062

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