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Broadband

Viavi revenues, profit decline in Q3

Wednesday 3 May 2017 | 11:09 CET | News
Viavi Solutions reported revenues (GAAP and adjusted) down over 11 percent year-on-year to USD 196 million for its fiscal third quarter to 1 April, with the net profit almost halving to USD 26 million, or USD 0.11 per share, from 49.2 million or 0.21 per share. The adjusted net profit per share went to USD 0.09 from 0.10. The company is guiding for a sequentially lower fourth quarter to 1 July, with adjusted revenue seen at USD 188-204 million and adjusted EPS at USD 0.07-0.09.

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Categories: Fixed
Companies: Viavi Solutions
Countries: World
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