VIAVI Solutions reported strong results for the third quarter of fiscal 2025, exceeding expectations with revenue of $284.8 million and non-GAAP EPS of $0.15. Growth was driven by strength in both the Network Enablement and Optical Security and Performance Products segments.
Net revenue for Q3 FY2025 was $284.8 million, a 15.8% increase year-over-year.
GAAP operating income was $8.5 million, a significant improvement from a loss of $11.9 million in the prior year period.
Non-GAAP EPS was $0.15, compared to $0.06 in the third quarter of fiscal 2024.
Network Enablement revenue grew 23.9% year-over-year, while Optical Security and Performance Products revenue saw a slight increase of 0.5%.
For the fourth quarter of fiscal 2025, the Company expects net revenue to be between $278 million to $290 million and non-GAAP EPS to be between $0.10 to $0.13.