VIAVI's second quarter fiscal 2025 financial performance exceeded expectations, driven by recovering Network and Service Enablement (NSE) demand. Net revenue reached $270.8 million, a 6.4% increase year-over-year, with a GAAP operating margin of 8.2%. The company reported a GAAP net income of $9.1 million, or $0.04 per share, and a non-GAAP net income of $29.4 million, or $0.13 per share.
Net revenue of $270.8 million, up 6.4% year-over-year
GAAP operating margin of 8.2%, down 60 bps year-over-year
Non-GAAP operating margin of 14.9%, up 170 bps year-over-year
GAAP net income of $9.1 million, down 15.0% year-over-year
For the third quarter of fiscal 2025 ending March 29, 2025, the Company expects net revenue to be between $276 million to $288 million and non-GAAP EPS to be between $0.10 to $0.13.