---
schema_version: "secwatch.filing_event.v1"
accession: "0000912093-23-000034"
form_type: "8-K"
ticker: "VIAV"
cik: "0000912093"
company_name: "VIAVI SOLUTIONS INC."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T21:01:27.502039+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000912093-23-000034
- form_type: 8-K
- ticker: VIAV
- cik: 0000912093
- company_name: VIAVI SOLUTIONS INC.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912093/000091209323000034/0000912093-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912093/000091209323000034/viav-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912093-23-000034
- JSON: https://secwatch.observer/filing/0000912093-23-000034.json
- Plain text: https://secwatch.observer/filing/0000912093-23-000034.txt

## Key facts
- Earnings Releases
  VIAVI SOLUTIONS INC. reported financial results for fiscal year ended July 1, 2023.
  - Period: fiscal year ended July 1, 2023
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/912093/000091209323000034/0000912093-23-000034-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/912093/000091209323000034/0000912093-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.