VIAVI Solutions Inc. reported its fiscal fourth quarter and full fiscal year results for the period ended June 28, 2025, on August 7, 2025. For Q4 FY25, net revenue reached $290.5 million, an increase of 15.3% year-over-year and 2.0% sequentially, landing at the high end of guidance. Non-GAAP earnings per share (EPS) was $0.13, up 62.5% year-over-year.
For the full fiscal year 2025, VIAVI reported net revenue of $1,084.3 million, an 8.4% increase year-over-year. Non-GAAP EPS for FY25 was $0.47, a significant increase of 42.4% year-over-year. The company's non-GAAP operating margin for the full year was 14.2%, up 270 basis points from FY24, reflecting improved profitability.
Looking ahead to the first fiscal quarter of 2026, VIAVI expects net revenue to be between $290 million and $298 million, with non-GAAP EPS projected between $0.13 and $0.14. CEO Oleg Khaykin noted a strong finish to Fiscal 2025, with stabilization in base businesses and high growth in the data center ecosystem and aerospace & defense segments. He anticipates positive momentum in these end markets to continue through calendar year 2025.
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