VIAVI Announces Fiscal Fourth Quarter and Fiscal Year 2026 Results

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    "url": "https://www.prnewswire.com/news-releases/viavi-announces-fiscal-fourth-quarter-and-fiscal-year-2026-results-302843700.html",
    "title": "VIAVI Announces Fiscal Fourth Quarter and Fiscal Year 2026 Results",
    "excerpt": "CHANDLER, Ariz. , Aug. 5, 2026 /PRNewswire/ -- VIAVI (NASDAQ: VIAV ) today reported results for its fiscal fourth quarter and fiscal year ended June 27, 2026 with the following highlights. Fourth Quarter Fiscal Year 2026 \"VIAVI's fourth quarter and fiscal year 2026 financial performance has exceeded our expectations, driven by strong growth in many of our end markets. Our diversification strategy into datacenter ecosystem and aerospace and defense end markets has been a key growth driver for us during FY26, and we expect this strategy to continue driving our growth for the next several quarters,\" said Oleg Khaykin, VIAVI's President and Chief Executive Officer. Financial Overview: The tables below (in millions, except percentage and per share data) provide comparisons of quarterly results to prior periods, including sequential quarterly and year-over-year changes. A full reconciliation between the GAAP and non-GAAP measures included in the tables is contained in this release under the section titled \"Use of Non-GAAP (Adjusted) Financial Measures.\" Fiscal Fourth Quarter Ended June 27, 2026 GAAP Results Q4 Q3 Q4 Change FY 2026 FY 2026 FY 2025 Q/Q Y/Y Net revenue $ 443.1 $ 406.8 $ 290.5 8.9 % 52.5 % Gross margin 59.1 % 57.5 % 56.3 % 160 bps 280 bps Operating margin 13.8 % 6.1 % 5.3 % 770 bps 850 bps Income from operations $ 61.3 $ 24.8 $ 15.3 147.2 % 300.7 % Net income per share...",
    "summary": "VIAVI Solutions reported net revenue of $1,518.3 million for its fiscal year ended June 27, 2026, a 40.0% increase year-over-year.",
    "location": "Chandler, Arizona, USA",
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    "article_sentence": "VIAVI (NASDAQ: VIAV ) today reported results for its fiscal fourth quarter and fiscal year ended June 27, 2026 with the following highlights.",
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