JDS Uniphase Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 29, 2012
January 31, 2013 at 02:35 am IST
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JDS Uniphase Corporation reported unaudited consolidated earnings results for the second quarter and six months ended December 29, 2012. For the quarter, the company's net revenue was $429.4 million compared to $409.3 million a year ago. Income from continuing operations was $14.9 million compared to $0.9 million a year ago. Income from continuing operations before income taxes was $7.4 million compared to loss from continuing operations before income taxes of $4.7 million a year ago. Income from continuing operations, net of tax was $3.3 million or $0.02 per diluted share compared to loss from continuing operations, net of tax of $7.7 million or $0.03 per diluted share a year ago. Net income was $4.1 million or $0.02 per diluted share compared to net loss of $10.2 million or $0.04 per diluted share a year ago. Total segment operating income was $49.0 million compared to $40.0 million a year ago. Non-GAAP measures was $42.3 million or $0.18 per diluted share compared to $36.3 million or $0.16 per diluted share a year ago. EBITDA was $48.6 million compared to $38.8 million a year ago. Adjusted EBITDA was $65.9 million compared to $57.1 million a year ago. Non-GAAP net revenue was $429.4 million compared to $409.6 million a year ago.
For the six months, the company's net revenue was $850.3 million compared to $825.1 million a year ago. Income from continuing operations was $15.0 million compared to $6.3 million a year ago. Income from continuing operations before income taxes was $1.0 million compared to loss from continuing operations before income taxes of $4.9 million a year ago. Loss from continuing operations, net of tax was $6.5 million or $0.03 per diluted share compared to $11.3 million or $0.05 per diluted share a year ago. Net loss was $7.5 million or $0.03 per diluted share compared to $16.0 million or $0.07 per diluted share a year ago. Total segment operating income was $87.7 million compared to $86.4 million a year ago. Non-GAAP measures was $77.3 million or $0.33 per diluted share compared to $77.5 million or $0.33 per diluted share a year ago. EBITDA was $86.2 million compared to $80.7 million a year ago. Adjusted EBITDA was $121.5 million compared to $120.6 million a year ago. Non-GAAP net revenue was $850.3 million compared to $825.7 million a year ago.
Viavi Solutions Inc. is a provider of network test, monitoring, and assurance solutions for communications service providers (CSPs), hyperscalers, network equipment manufacturers (NEMs), original equipment manufacturers (OEMs), government and avionics. Its segments include Network Enablement (NE), Service Enablement (SE) and Optical Security and Performance Products (OSP). The NE segment provides testing solutions that access the network to perform build-out and maintenance tasks. These solutions include instruments, software and services to design, build, activate, certify, troubleshoot, and optimize networks. SE segment provides embedded systems and enterprise performance management solutions. These solutions include instruments, microprobes, and software, which monitors, collects, and analyzes network data to reveal the actual customer experience. The OSP segment provides optical products for anti-counterfeiting, consumer and industrial, government, automotive and other markets.