NASDAQ$VIAV

Viavi Solutions · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported a decrease in revenue and earnings compared to the previous year.

VIAVI's Q1FY25 revenue came in slightly below the midpoint of their guidance, with weaker demand in NSE partially offset by stronger OSP performance. The company reported a net revenue of $238.2 million, a GAAP net loss of $1.8 million, and a non-GAAP EPS of $0.06.

  • Net revenue of $238.2 million, down 3.9% year-over-year.
  • GAAP operating margin of 4.8%, down 170 bps year-over-year.
  • GAAP net loss of $1.8 million, down 118.4% year-over-year.
  • Non-GAAP diluted earnings per share (EPS) of $0.06, down 33.3% year-over-year.

Headline financials

Total Revenue

$238M

Previous: $248M-3.9%
EPS

-$0.01

Previous: $0.09-111.1%
Capital Expenditures

-$7.3M

Previous: -$6.7M-9.0%
Free Cash Flow

-$9.1M

Previous: $3.1M-393.5%
Net Income

-$1.8M

Previous: $9.8M-118.4%
Operating Income

$11.5M

Previous: $16M-28.1%
Gross Profit

$136M

Previous: $144M-5.7%
Cash & Equivalents

$468M

Previous: $521M-10.1%
Total Assets

$1.74B

Previous: $1.8B-3.6%
R&D Expense

$49.4M

No prior period
Stock-Based Comp

$12.7M

Previous: $11.2M+13.4%

Revenue & EPS history

Viavi · Revenue · Quarterly

$238M

Q1 2025-3.9%vs Q1 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Viavi · $77.5M total across 1 segment · Q1 2024

  • Optical Security and Performance Products
    $77.5M-15.1%

Forward guidance

For the second quarter of fiscal 2025 ending December 28, 2024, the Company expects net revenue to be between $255 million to $265 million and non-GAAP EPS to be between $0.09 to $0.11.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.1%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+0.6%

Avg return

30 days after

55%

37 / 67 earnings

Positive

+20.5%

Q2 2025

Best reaction

-24.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+6.2%+1.1%-7.3%
Q2 2026+17.4%-0.8%+20.3%
Q1 2026+2.6%+2.0%+4.9%
Q3 2025-12.2%-15.4%-14.5%
Q2 2025+20.5%+26.8%+11.9%
Q1 2025+4.3%+3.4%+5.2%
Q4 2024-1.9%+2.8%+6.3%
Q3 2024-4.5%-6.1%-5.1%
Q2 2024-3.5%-8.1%-1.0%
Q1 2024+8.8%+7.3%+9.7%
Q4 2023-3.2%-5.5%-8.8%
Q3 2023+0.2%+1.9%+9.1%
Q2 2023+2.0%-0.3%-6.3%
Q1 2023-24.7%-26.9%-23.6%
Q4 2022+1.4%+2.0%-6.5%
Q3 2022+2.7%-0.9%+3.4%
Q2 2022+4.2%+5.7%-2.2%
Q1 2022-4.3%-5.9%-5.8%
Q4 2021-0.7%-0.2%-0.3%
Q3 2021-3.4%+0.1%+5.6%
Q2 2021+1.3%+3.8%-3.3%
Q1 2021+3.3%+3.4%+8.8%
Q4 2020-0.5%-3.3%-19.8%
Q3 2020-3.5%-2.1%+8.2%
Q2 2020+5.5%-0.2%-9.0%
Q1 2020+8.6%+7.4%+2.2%
Q4 2019-2.6%-1.6%+4.8%
Q3 2019+3.0%+1.9%-9.7%
Q2 2019+7.5%+6.0%+12.7%
Q1 2019-5.9%-6.8%-12.1%
Q4 2018-4.6%+0.6%+3.1%
Q3 2018+2.5%+4.9%+1.6%
Q2 2018+16.6%+16.4%+14.1%
Q1 2018-6.3%-4.3%-1.1%
Q4 2017-1.5%-6.1%-7.6%
Q3 2017+2.8%+12.1%+14.4%
Q2 2017+5.1%+4.4%+10.6%
Q1 2017+0.7%+2.5%+7.3%
Q4 2016+0.3%+4.4%+3.4%
Q3 2016-3.5%
Q2 2016+16.8%
Q1 2016+6.2%
Q4 2015-10.5%
Q3 2015-5.1%
Q2 2015+0.7%
Q1 2015-0.5%
Q4 2014+0.2%
Q3 2014+0.4%
Q2 2014+4.7%
Q1 2014-5.4%
Q4 2013+0.4%
Q3 2013-3.7%
Q2 2013+0.5%
Q1 2013+0.0%
Q4 2012+1.9%
Q3 2012-2.3%
Q2 2012+8.2%
Q1 2012-7.1%
Q4 2009+5.6%
Q4 2011+5.6%
Q3 2010-0.7%
Q3 2011-0.7%
Q2 2011+7.9%
Q2 2010+7.9%
Q1 2010-0.3%
Q1 2011-0.3%
Q4 2010-0.3%

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