VIAVI revenue rises 25.6% to $299.1 million; GAAP net loss widens to $21.4 million
VIAVI reported preliminary results for its fiscal first quarter ended September 27, 2025, with net revenue up 25.6% year over year to $299.1 million, and non-GAAP diluted EPS rising to $0.15 from $0.06. GAAP results were weaker, with a net loss of $21.4 million compared with a $1.8 million loss a year earlier, and the company said the results are preliminary until it files its Form 10-Q. It also guided second-quarter fiscal 2026 net revenue to $360 million to $370 million and non-GAAP EPS to $0.18 to $0.20.
Key points
- Net revenue of $299.1 million, up from $238.2 million a year earlier and up 3.0% from the prior quarter
- GAAP net loss of $21.4 million, or $(0.10) per diluted share, versus a $1.8 million loss, or $(0.01) per share, a year earlier
- Non-GAAP diluted EPS of $0.15, up from $0.06; the company cited a $10.9 million change in fair value of a contingent liability among GAAP items
- Second-quarter fiscal 2026 outlook: net revenue of $360 million to $370 million and non-GAAP EPS of $0.18 to $0.20
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.