VIAVI Q4 FY2023 revenue $263.6M, down 21.4% YoY; GAAP EPS $0.00, non-GAAP EPS $0.10

VIAVI SOLUTIONS INC.

2023-FY EPS reported $0.11 revenue$1,106,100,000

Net revenue $263.6M, down $71.7M (21.4%) YoY; above high end of guided range.
GAAP operating margin 4.5% (down 980 bps); non-GAAP operating margin 11.7% (down 960 bps).
GAAP EPS $0.00 vs $0.07 YoY; non-GAAP EPS $0.10 vs $0.24 YoY (down 58.3%).
Full FY2023 net rev $1.1B, down 14.4% YoY; non-GAAP EPS $0.55, down 42.1% YoY.
CEO notes initial stabilization signs; expects recovery momentum to continue through FY2024.

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 financial results for fiscal year ended July 1, 2023.

Period: fiscal year ended July 1, 2023
Result: reported results

Exact text from the filing

VIAVI ANNOUNCES FOURTH QUARTER AND YEAR ENDED FISCAL 2023 RESULTS Fourth Quarter • Net revenue of $263.6 million, down $71.7 million or 21.4% year-over-year

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Earnings Releases SEC 8-K Item 2.02 confidence 0.97

VIAVI SOLUTIONS INC. reported its fiscal fourth quarter ended July 1, 2023 results: revenue $263.6 million, net income $(0.1) million, EPS $— per share.

Period: its fiscal fourth quarter ended July 1, 2023
Revenue: $263.6 million
Net income: $(0.1) million
EPS: $— per share
Result: preliminary results

Exact text from the filing

set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- VIAVI ANNOUNCES FOURTH QUARTER AND YEAR ENDED FISCAL 2023 RESULTS Fourth Quarter • Net revenue of $263.6 million, down $71.7 million or 21.4% year-over-year • GAAP operating margin of 4.5%, down 980 bps year-over-year • Non-GAAP operating margin of 11.7%, down 960 bps year-over-year • GAAP

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VIAVI SOLUTIONS INC. filing history →

Source: SEC EDGAR

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