viav: the income statement

MyFinsight

For the quarter ending 2025-09-27, VIAV made $299,100K in revenue. -$21,400K in net income. Net profit margin of -7.15%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-27	2025-03-29	2024-12-28	2024-09-28
Total net revenue	299,100	284,800	270,800	238,200
Cost of revenues-Product	107,100	96,700	87,300	81,900
Cost of revenues-Service	16,100	21,300	19,400	16,900
Amortization of acquired technologies	6,900	6,100	3,300	3,300
Total cost of revenues	130,100	124,100	110,000	102,100
Gross profit	169,000	160,700	160,800	136,100
Research and development	56,000	50,000	52,100	49,400
Selling, general and administrative	104,200	101,300	84,300	74,100
Amortization of other intangibles	1,500	1,200	1,000	1,100
Restructuring and related benefits	-300	-300	1,200	0
Total operating expenses	161,400	152,200	138,600	124,600
Income from operations	7,600	8,500	22,200	11,500
Loss on convertible note extinguishment (note 11)	-3,800	-	-	-
Interest and other income, net	1,300	2,200	3,900	3,200
Interest expense	7,400	7,500	7,500	7,500
Income (loss) before income taxes	-	3,200	18,600	7,200
(loss) income before income taxes and equity investment losses	-2,300	-	-	-
Provision for income taxes	19,000	-16,300	9,500	9,000
Equity investment losses	-100	-	-	-
Net loss	-21,400	19,500	9,100	-1,800

Basic (in dollars per share)	-0.1	0.09	0.04	-0.01
Basic (in shares)	222,900,000	222,600,000	222,000,000	222,000,000
Diluted (in dollars per share)	-0.1	0.09	0.04	-0.01
Diluted (in shares)	222,900,000	226,900,000	224,800,000	222,000,000