VIAVI reported Q4 2024 net revenue of $252.0 million, a decrease of 4.4% year-over-year. GAAP EPS was $(0.10), while non-GAAP diluted EPS was $0.08. The company's revenue came in at the midpoint of guidance, with stronger OSP revenues offsetting softer NSE demand.
Net revenue was $252.0 million, down 4.4% year-over-year.
GAAP operating margin was (2.3)%, a decrease of 680 bps year-over-year.
Non-GAAP operating margin was 10.9%, down 80 bps year-over-year.
GAAP EPS was $(0.10), down $0.10 year-over-year.
For the first quarter of fiscal 2025 ending September 28, 2024, the Company expects net revenue to be between $235 million to $245 million and non-GAAP EPS to be between $0.05 to $0.07.
Visualization of income flow from segment revenue to net income