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General

Viavi Q1 net revenue grows from Q4 but falls year on year

Friday 6 November 2020 | 15:54 CET | News
Viavi said net revenue in Q1 of fiscal 2021 to 03 October grew to USD 284.7 million from USD 266.6 million in Q4 but fell from USD 299.8 million a year earlier. Net income was USD 14.3 million, or USD 0.06 per share. The gross margin grew to 59.5 percent from 58 percent in the fourth quarter. The operating margin decreased to 11 percent from 16.2 percent in Q4 but rose to 6.9 percent in the first quarter the year before.

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Categories: General
Companies: Viavi Solutions
Countries: World
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