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VIAVI announced its Q4 fiscal year 2020 results, with a net revenue of $266.6 million, a GAAP EPS of $0.12, and a non-GAAP EPS of $0.18.
Net revenue was $266.6 million, a decrease of 8.0% year-over-year.
GAAP operating margin was 16.2%, an increase of 660 bps year-over-year.
Non-GAAP operating margin was 19.6%, an increase of 200 bps year-over-year.
GAAP EPS from continuing operations was $0.12, up $0.07 or 140.0% year-over-year
For the first quarter of fiscal 2021 ending October 3, 2020, the Company expects net revenue to be between $258 million to $282 million and non-GAAP earnings per share to be between $0.14 and $0.16.