Nov 4, 4:17 PM ET
VIAVI reported preliminary fiscal first-quarter 2027 net revenue of $469.3 million, up 56.9% from a year earlier, and GAAP net income of $76.0 million, or $0.29 per diluted share, compared with a loss of $0.10 per share a year earlier. The board also authorized a new repurchase program of up to $500 million, and the company expects second-quarter net revenue of $505 million to $515 million.
- Net revenue of $469.3 million, up from $299.1 million in the year-earlier quarter; GAAP diluted EPS of $0.29 versus a $(0.10) loss
- Non-GAAP diluted EPS of $0.47 and non-GAAP operating margin of 29.0% for the quarter ended October 3, 2026
- Second-quarter fiscal 2027 outlook: net revenue of $505 million to $515 million and non-GAAP EPS of $0.50 to $0.52
- New $500 million share repurchase authorized November 1, 2026, in addition to a 2022 plan with approximately $18.4 million remaining
Read the filing on SEC.gov ↗
Aug 5, 4:16 PM ET
VIAVI reported preliminary fiscal fourth-quarter and full-year 2026 results, with fourth-quarter net revenue up 52.5% year over year to $443.1 million and GAAP net income of $32.7 million. For fiscal 2026, GAAP results showed a net loss of $30.4 million, while non-GAAP EPS rose to $1.00, and the company guided first-quarter fiscal 2027 revenue to $450 million to $460 million.
- Q4 GAAP diluted EPS was $0.13 and non-GAAP diluted EPS was $0.34, up 161.5% year over year.
- Fiscal 2026 net revenue was $1.5 billion, up 40.0%, with a GAAP net loss of $30.4 million.
- Q1 fiscal 2027 (ending October 3, 2026) guidance: net revenue of $450 million to $460 million and non-GAAP EPS of $0.40 to $0.42.
- Non-GAAP methodology now excludes employer payroll taxes on stock-based compensation; prior periods were recast and GAAP results are unchanged.
Read the filing on SEC.gov ↗
May 18, 4:18 PM ET
On May 12, 2026, VIAVI's board replaced Donald Colvin as Audit Committee chair with independent director Joanne Solomon, effective immediately, as part of board refreshment and succession planning. The filing says Colvin's step-down was not due to any disagreement with the company, and he remains on the committee; the board also added director Doug Gilstrap to the Corporate Development Committee.
- Joanne Solomon appointed Audit Committee Chair effective May 12, 2026; she has served on the board and committee since February 2022 and is an audit committee financial expert
- Donald Colvin stepped down as Audit Committee Chair but will continue as an independent member of the Board and Audit Committee
- Doug Gilstrap, a director since November 2022, appointed to the Corporate Development Committee on May 12, 2026
Read the filing on SEC.gov ↗
Apr 29, 4:17 PM ET
VIAVI reported preliminary fiscal third-quarter results for the period ended March 28, 2026, with net revenue of $406.8 million, up 42.8% year over year. GAAP net income fell to $6.4 million, while non-GAAP net income rose 99.4% to $67.6 million, and the company gave fourth-quarter fiscal 2026 guidance of $427 million to $437 million in net revenue and $0.29 to $0.31 in non-GAAP EPS. The results are preliminary until the company files its Form 10-Q.
- Net revenue of $406.8 million, up from $284.8 million a year earlier; Network and Service Enablement revenue rose 54.4% to $321.5 million
- GAAP net income of $6.4 million, or $0.03 per diluted share, down from $19.5 million, or $0.09, a year earlier; restructuring and related charges were $17.3 million
- Non-GAAP diluted EPS of $0.27, up from $0.15 a year earlier
- Fourth-quarter fiscal 2026 outlook (quarter ending June 27, 2026): net revenue of $427 million to $437 million and non-GAAP EPS of $0.29 to $0.31
Read the filing on SEC.gov ↗
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