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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
Revenue by Segment
Revenue by Geographic Location
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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