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Oil-Dri Announces Record Sales for the Second Quarter and First Six-Months of Fiscal 2021


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Daniel S. Jaffee, President and Chief Executive Officer, stated, “We delivered another solid quarter of topline growth and set a record for second quarter consolidated net sales. This successful performance demonstrates our dedicated focus on two primary growth drivers of our business, mineral-based animal feed additives and lightweight cat litter. With the addition of new leadership, sales personnel, and a renewed marketing strategy, we experienced a significant increase in demand for our animal health products. Our lightweight cat litter continued to gain traction with consumers as sales in this segment also increased in the second quarter compared to last year. While these and other areas of our product portfolio demonstrated strong revenue gains, we were met with several market challenges. Higher commodity prices as well as increased freight costs adversely impacted our gross margin. These headwinds, paired with ongoing COVID-19 impacts and increased investment spen ....

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VIAVI Announces Second Quarter Fiscal 2021 Results


VIAVI Announces Second Quarter Fiscal 2021 Results
Second Quarter
- GAAP operating margin of 14.1%, down 20 bps year-over-year
- Non-GAAP operating margin of 22.3%, up 70 bps year-over-year
- GAAP EPS of $0.09, down $0.03 or (25.0)% year-over-year
- Non-GAAP EPS of $0.23, remained relatively flat year-over-year
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SCOTTSDALE, Ariz., Feb. 2, 2021 /PRNewswire/ VIAVI (NASDAQ: VIAV) today reported results for its second fiscal quarter ended January 2, 2021.
Second quarter of fiscal
2021 net revenue was $299.9 million. GAAP net income was $21.9 million, or $0.09 per share. Non-GAAP net income was $52.1 million, or $0.23 per share.
First quarter of fiscal 2021 net revenue was $284.7 million. GAAP net income was $14.3 million or $0.06 per share. Non-GAAP net income was $48.3 million, or $0.21 per share. ....

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