Viavi Solutions Inc (VIAV)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	11,600	27,500	33,700	34,300	60,700	95,100	133,100	151,100	65,100	55,600	58,400	61,300	130,800	134,500	109,100	107,200	94,000	80,800	75,600	61,600
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
Pretax margin		1.16%	2.72%	3.32%	3.29%	5.49%	8.07%	10.69%	11.84%	5.04%	4.38%	4.65%	4.94%	10.91%	11.65%	9.85%	9.56%	8.27%	6.97%	6.47%	5.30%

June 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $11,600K ÷ $1,000,400K
= 1.16%

The pretax margin of Viavi Solutions Inc has fluctuated over the past few quarters. The pretax margin peaked at 11.84% in the quarter ending Sep 30, 2022, and then declined to a low of 1.16% in the quarter ending Jun 30, 2024. This indicates a significant variability in the company's ability to generate profits before accounting for taxes.

Overall, the pretax margin trend shows some volatility, with fluctuations within the range of 1.16% to 11.84% over the analyzed periods. It is important for investors and stakeholders to closely monitor the company's performance and assess the factors contributing to these fluctuations in order to gain a better understanding of Viavi Solutions Inc's financial health and profitability.