secwatch.observer — SEC 8-K summary
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Issuer:     VIAVI SOLUTIONS INC. (VIAV)
CIK:        0000912093
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000912093-24-000085
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VIAVI Q1 FY25 revenue $238.2M (-3.9% YoY), GAAP loss per share ($0.01), non-GAAP EPS $0.06
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- Net revenue of $238.2M, down 3.9% YoY; GAAP net loss of $1.8M vs prior year profit.
- Non-GAAP net income of $12.4M, down 36.4% YoY; non-GAAP diluted EPS of $0.06, down 33%.
- GAAP operating margin 4.8% (down 170 bps); non-GAAP operating margin 10.0% (down 240 bps).
- CEO cites weaker NSE demand partially offset by stronger OSP; order momentum picking up for advanced fiber (800G, 1.6Tb).
- Expects NSE demand recovery to begin in second half of fiscal 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912093/000091209324000085/0000912093-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912093/000091209324000085/viav-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000912093-24-000085

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