Viavi Solutions(VIAV) - 2024 Q4 - Annual Results

Exhibit 99.1 VIAVI ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Fourth Quarter • Net revenue of $252.0 million, down $11.6 million or 4.4% year-over-year • GAAP operating margin of (2.3)%, down 680 bps year-over-year • Non-GAAP operating margin of 10.9%, down 80 bps year-over-year • GAAP Earnings per share (EPS) of $(0.10), down $0.10 year-over-year • Non-GAAP diluted EPS of $0.08, down $0.02 or 20.0% year-over-year Fiscal 2024 • Net revenue of $1.0 billion, down $105.7 million or 9.6% year- ...