VIAVI Announces Fiscal Second Quarter 2025 Financial Results Date

Generado por agente de IAMarcus Lee
jueves, 16 de enero de 2025, 4:39 pm ET1 min de lectura
VIAV--


VIAVI Solutions Inc. (NASDAQ: VIAV) has announced the date for its fiscal second quarter 2025 financial results, which will be released on Thursday, January 30, 2025, after market close. The company will host an earnings call at 1:30 p.m. PST / 4:30 p.m. EST to discuss the results and provide guidance for the upcoming quarter. Investors and analysts can participate via telephone or webcast, with the details provided in the press release.



The fiscal second quarter 2025 results will cover the period ended December 28, 2024. VIAVI's financial performance in the recent fiscal year 2024 and the fourth quarter of 2024 has been challenging, with an anemic end market spend environment leading to a decline in revenue and profitability. In the fourth quarter of fiscal 2024, net revenue was $252.0 million, down $11.6 million or 4.4% year-over-year, while GAAP operating margin was (2.3)%, down 680 bps year-over-year. Non-GAAP operating margin was 10.9%, down 80 bps year-over-year (VIAVI ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS, 08/08/2024).



VIAVI's restructuring plan, approved in June 2024, aims to improve operational efficiencies and better align the company's workforce with current business needs. The company expects the decline in Network Enablement (NE) demand to bottom out and anticipates a gradual recovery in the second half of fiscal 2025. For the fiscal second quarter 2025, VIAVI expects net revenue to be between $245 million to $253 million and non-GAAP EPS to be between $0.05 to $0.09 (VIAVI ANNOUNCES FISCAL SECOND QUARTER 2024 RESULTS, 02/01/2024).

Investors will be closely watching VIAVI's fiscal second quarter 2025 results to assess the company's ability to navigate the challenging market conditions and return to growth. The earnings call will provide valuable insights into VIAVI's performance, strategic initiatives, and outlook for the future.

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