VIAVI reported a strong finish to fiscal year 2021 with a record $1.20 billion in revenue and non-GAAP EPS at $0.83. Fiscal Q4 posted record revenue and non-GAAP profitability for a June quarter as it exceeded the high end of the guidance range in revenue, non-GAAP operating margin and non-GAAP EPS.
Net revenue of $310.9 million, up $44.3 million or 16.6% year-over-year.
GAAP operating margin of 10.5%, down 570 bps year-over-year.
Non-GAAP operating margin of 20.8%, up 120 bps year-over-year.
Non-GAAP EPS of $0.22, up $0.04 or 22.2% year-over-year
For the first quarter of fiscal 2022 ending October 2, 2021, the Company expects net revenue to be between $303 million to $317 million and non-GAAP earnings per share to be between $0.20 and $0.22.