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Jan 02, 2021
Viavi Q2 2021 Earnings Report
Reported better than expected revenue and profitability, exceeding guidance.
Key Takeaways
VIAVI announced second quarter fiscal 2021 results with net revenue of $299.9 million and non-GAAP EPS of $0.23, which exceeded their guidance. OSP experienced stronger than expected demand. NSE revenue rebounded sequentially.
Net revenue of $299.9 million, down $13.8 million or 4.4% year-over-year
GAAP operating margin of 14.1%, down 20 bps year-over-year
Non-GAAP operating margin of 22.3%, up 70 bps year-over-year
GAAP EPS of $0.09, down $0.03 or (25.0)% 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 2021, the Company expects net revenue to be between $280 million to $300 million and non-GAAP earnings per share to be between $0.16 and $0.18.