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Dec 28, 2019
Viavi Q2 2020 Earnings Report
Reported record revenue, non-GAAP operating margin, and non-GAAP EPS, surpassing the previous record set in Q2 2019.
Key Takeaways
VIAVI announced Q2 fiscal year 2020 results with net revenue of $313.7 million. GAAP net income was $28.0 million, or $0.12 per share, while non-GAAP net income was $55.6 million, or $0.23 per share.
Net revenue reached $313.7 million, reflecting a year-over-year increase of $6.8 million or 2.2%.
GAAP operating margin was 14.3%, showing a year-over-year increase of 360 bps.
Non-GAAP operating margin was 21.6%, an increase of 80 bps year-over-year.
GAAP EPS from continuing operations was $0.12, up $0.05 or 71.4% year-over-year.
Viavi
Viavi
Viavi Revenue by Segment
Revenue by Segment
Optical Security and Performance Products Revenue
CapyFin.com Forward Guidance
For the third quarter of fiscal 2020, the company expects net revenue to be between $268 million to $288 million and non-GAAP earnings per share to be $0.13 to $0.15.