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Oct 03, 2020
Viavi Q1 2021 Earnings Report
VIAVI announced first quarter fiscal 2021 results.
Key Takeaways
VIAVI reported first quarter fiscal 2021 results with net revenue of $284.7 million, GAAP net income of $14.3 million, or $0.06 per share, and non-GAAP net income of $48.3 million, or $0.21 per share.
Net revenue of $284.7 million, down $15.1 million or 5.0% year-over-year
GAAP operating margin of 11.0%, up 410 bps year-over-year
Non-GAAP operating margin of 21.3%, up 370 bps year-over-year
Non-GAAP EPS of $0.21, up $0.03 or 16.7% year-over-year
Viavi
Viavi
Viavi Revenue by Segment
Revenue by Segment
Optical Security and Performance Products Revenue
CapyFin.com Forward Guidance
For the second quarter of fiscal 2021 ending January 2, 2021, the Company expects net revenue to be between $280 million to $300 million and non-GAAP earnings per share to be between $0.18 and $0.20.