Viavi Solutions Inc. Reports 8.4% Increase in Fiscal 2025 Net Revenue, 225% Rise in GAAP EPS
Viavi Solutions Inc. has announced its fiscal 2025 financial results, showcasing a net revenue of $1.08 billion, an increase of $83.9 million or 8.4% compared to the previous year. The company reported a GAAP operating margin of 5.3%, up by 320 basis points year-over-year, and a non-GAAP operating margin of 14.2%, up by 270 basis points. GAAP diluted earnings per share $(EPS)$ rose significantly to $0.15, marking a 225.0% increase from the previous year, while non-GAAP diluted EPS increased by 42.4% to $0.47. The growth in net revenue was primarily driven by the data center ecosystem, particularly in field, lab, and production products for fiber and data center buildouts, as well as enhancements in aerospace and defense products. This was partly counterbalanced by a decline in expenditure by NEMs and service providers on wireless and cable products. Additionally, the acquisition of Inertial Labs contributed $25.2 million to the net revenue. Viavi Solutions experienced stabilization and growth across many product segments during fiscal 2025, although specific future guidance or outlook was not detailed in the report.
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