Viavi Solutions(VIAV) - 2024 Q3 - Quarterly Results
Viavi Solutions(VIAV)2024-05-02 20:15
Exhibit 99.1 VIAVI ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS Third Quarter • Net revenue of $246.0 million, down $1.8 million or 0.7% year-over-year • GAAP operating margin of (4.8)%, down 400 bps year-over-year • Non-GAAP operating margin of 9.3%, down 210 bps year-over-year • GAAP diluted Earnings per share (EPS) of $(0.11), down $0.04 or 57.1% year-over-year • Non-GAAP diluted EPS of $0.06, down $0.02 or 25.0% year-over-year Chandler, Arizona, May 2, 2024 — VIAVI (NASDAQ: VIAV) today reported results f ...