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Apr 02, 2022
Viavi Q3 2022 Earnings Report
VIAVI reported Q3 2022 results with revenue exceeding guidance and achieving new highs in revenue and non-GAAP operating profit for a March quarter.
Key Takeaways
VIAVI's Q3 2022 results showed a 4.0% year-over-year increase in net revenue, reaching $315.5 million. The company's GAAP EPS was $0.08, and non-GAAP EPS was $0.22. VIAVI exceeded its revenue guidance range and saw strength in Fiber and Wireless products.
Net revenue reached $315.5 million, a 4.0% increase year-over-year.
GAAP operating margin was 12.9%, up 110 bps year-over-year.
Non-GAAP EPS reached $0.22, a 22.2% increase year-over-year.
Company redeemed an additional $50.0 million in convertible notes, bringing the cumulative principal retirement to 54% in fiscal 2022.
Viavi
Viavi
Viavi Revenue by Segment
Revenue by Segment
Optical Security and Performance Products Revenue
CapyFin.com Forward Guidance
For the fourth quarter of fiscal 2022, VIAVI expects net revenue between $315 million and $329 million, and non-GAAP earnings per share between $0.22 and $0.24.