JDSU reported net revenue of $439.3 million and net loss was $(24.3) million, or $(0.10) per share. This compares to net revenue of $409.2 million and net loss of $(17.4) million, or $ (0.08) per share for the prior quarter, and net revenue of $471.8 million and net income of $9.3 million, or $0.04 per share for the fourth fiscal quarter of 2011 (ended June 30, 2011). The GAAP net loss for the fourth fiscal quarter is inclusive of a $23.7 million impairment charge of certain long-lived assets and $10.5 million of insurance proceeds associated with the Thailand flood.
For fiscal 2012, net revenue of $1,682.1 million decreased 6.8% from $1,804.5 million for fiscal 2011. The net loss for fiscal 2012 of $(57.7) million, or $(0.25) per share, compared to a net income of $71.6 million, or $0.31 per share, for fiscal 2011.
Some highlights:
- Communications Test and Measurement revenue of $196.2 million increased by 10.3% compared to the prior quarter and decreased 7.1% compared to the fourth quarter of fiscal 2011. Revenue from this segment represented 44.7% of total net revenue.
- Communications and Commercial Optical Products revenue of $185.0 million increased 6.9% compared to the prior quarter and decreased 8.6% compared to the fourth quarter of fiscal 2011. Revenue from this segment represented 42.1% of total net revenue.
- Advanced Optical Technologies revenue of $58.1 million decreased less than 1% compared to the prior quarter and decreased 1% compared to the fourth quarter of fiscal 2011. Revenue from this segment represented 13.2% of total net revenue.
