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Jan 01, 2022
Viavi Q2 2022 Earnings Report
Reported second highest revenue quarter with a record non-GAAP operating margin.
Key Takeaways
VIAVI's Q2 fiscal year 2022 results showed a net revenue of $314.8 million, a GAAP EPS of $0.14, and a non-GAAP EPS of $0.24. The company's performance was driven by strength in Fiber and Wireless products, with improved demand for 3D Sensing products. The company also redeemed $45.6 million in convertible notes and repurchased approximately 10.9 million shares.
Net revenue increased by 5.0% year-over-year to $314.8 million.
GAAP operating margin increased by 160 bps year-over-year to 15.7%.
Non-GAAP operating margin increased by 100 bps year-over-year to a record 23.3%.
GAAP EPS increased by 16.7% year-over-year to $0.14, while non-GAAP EPS increased by 4.3% year-over-year to $0.24.
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 2022, the company expects net revenue to be between $301 million to $315 million and non-GAAP earnings per share to be between $0.20 to $0.22.