Viavi Solutions Inc (VIAV)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	-25,800	-4,200	5,000	2,700	25,500	42,100	76,700	102,900	15,500	2,300	300	-7,000	67,500	90,900	40,900	41,600	28,700	14,500	42,500	27,500
Revenue (ttm)	US$ in thousands	1,000,400	1,012,000	1,013,800	1,043,800	1,106,100	1,177,800	1,245,500	1,275,800	1,292,400	1,268,000	1,255,900	1,241,000	1,198,900	1,154,600	1,107,400	1,121,200	1,136,300	1,159,400	1,168,400	1,161,600
Net profit margin		-2.58%	-0.42%	0.49%	0.26%	2.31%	3.57%	6.16%	8.07%	1.20%	0.18%	0.02%	-0.56%	5.63%	7.87%	3.69%	3.71%	2.53%	1.25%	3.64%	2.37%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-25,800K ÷ $1,000,400K
= -2.58%

The net profit margin of Viavi Solutions Inc has fluctuated over the past several quarters, ranging from negative to positive figures. It indicates the company's ability to generate profit from its revenue after accounting for all expenses. The trend shows some volatility, with the margin declining in recent quarters compared to prior periods.

Specifically, in the most recent quarter, Jun 30, 2024, the net profit margin was negative at -2.58%, which suggests that the company had a net loss relative to its revenue during that period. This negative performance was an improvement from the preceding quarter, Mar 31, 2024, where the net profit margin was slightly better but still negative at -0.42%.

In contrast, looking back further, there were quarters where Viavi Solutions Inc demonstrated stronger profitability. For instance, in Dec 31, 2022, the net profit margin was notably higher at 6.16%, reflecting a more robust ability to convert revenue into profit. Similar periods of relatively healthier profitability were seen in Mar 31, 2023, and Dec 31, 2021.

Overall, the analysis of the net profit margin for Viavi Solutions Inc suggests a variable performance in profitability, with recent quarters showing some challenges in generating positive net income relative to revenue. Investors and stakeholders may want to closely monitor the company's financial health and strategies to improve profitability in the future.