Viavi Solutions(VIAV) - 2025 Q1 - Quarterly Results
Viavi Solutions(VIAV)2024-10-31 20:07
Exhibit 99.1 VIAVI Announces First Quarter Fiscal 2025 Results Chandler, Arizona, October 31, 2024 — VIAVI (NASDAQ: VIAV) today reported results for its first quarter ended September 28, 2024 with the following highlights. First Quarter • Net revenue of $238.2 million, down $9.7 million or 3.9% year-over-year • GAAP operating margin of 4.8%, down 170 bps year-over-year • Non-GAAP operating margin of 10.0%, down 240 bps year-over-year • GAAP net loss of $1.8 million, down $11.6 million or 118.4% year-over-ye ...