VIAVI Solutions — First Quarter Fiscal 2027 Earnings Summary

VIAVI Solutions reported first-quarter fiscal 2027 net revenue of $469.3 million, representing a 56.9% increase year-over-year. The company achieved a GAAP operating margin of 17.4% and a non-GAAP operating margin of 29.0%, with non-GAAP diluted earnings per share reaching $0.47. Net income for the quarter was $76.0 million on a GAAP basis, while cash flow from operations totaled $104.7 million. Looking ahead to the second quarter of fiscal 2027, VIAVI forecasts net revenue between $505 million and $515 million and non-GAAP EPS between $0.50 and $0.52.