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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Viavi Solutions's retained earnings for the quarter that ended in Mar. 2024 was $-69,615 Mil.
Viavi Solutions's quarterly retained earnings increased from Sep. 2023 ($-69,601 Mil) to Dec. 2023 ($-69,590 Mil) but then declined from Dec. 2023 ($-69,590 Mil) to Mar. 2024 ($-69,615 Mil).
Viavi Solutions's annual retained earnings declined from Jun. 2021 ($-69,322 Mil) to Jun. 2022 ($-69,542 Mil) and declined from Jun. 2022 ($-69,542 Mil) to Jun. 2023 ($-69,601 Mil).
The historical data trend for Viavi Solutions's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Viavi Solutions Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -69,384.50 | -69,397.20 | -69,322.30 | -69,542.30 | -69,600.70 |
Viavi Solutions Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Retained Earnings | Get a 7-Day Free Trial | -69,590.60 | -69,600.70 | -69,600.90 | -69,590.20 | -69,614.80 |
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Viavi Solutions (NAS:VIAV) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Paul Mcnab | officer: EVP, Chief Mktg & Stgy Officer | C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035 |
Gary W Staley | officer: SVP Global Sales NSE | VIAVI SOLUTIONS, INC., 430 NORTH MCCARTHY BLVD., MILPITAS CA 95035 |
Ralph Rondinone | officer: SVP Global Operations NSE | C/O JDS UNIPHASE, 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035 |
Kevin Christopher Siebert | officer: SVP Gen. Counsel & Secretary | 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035 |
Luke M Scrivanich | officer: SVP General Manager OSP | 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035 |
Oleg Khaykin | officer: President & CEO | |
Doug Gilstrap | director | 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286 |
Joanne Solomon | director | 1900 S. PRICE ROAD, CHANDLER AZ 85286 |
Richard Belluzzo | director | C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035 |
Timothy Campos | director | C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035 |
Henk Derksen | officer: EVP, CFO | 1 N. BRENTWOOD BLVD., SUITE 1500, SAINT LOUIS MO 63105 |
Pamela K. Avent | officer: Interim CFO | C/O VIAVI SOLUTIONS INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002 |
Keith Barnes | director | 10100 N TANTAU AVE, CUPERTINO CA 95014-2540 |
Glenda Dorchak | director | C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085 |
Tor Braham | director | C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089 |
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