JDS Uniphase Corporation reported unaudited consolidated earnings results for the second quarter and six months ended December 27, 2014. For the quarter, the company reported net revenue of $437.1 million compared to $447.6 million a year ago. Loss from operations was of $8.2 million compared to income from operations of $19.8 million a year ago. Loss before income taxes was of $16.3 million compared to income before taxes of $11.8 million a year ago. Net loss was $25.1 million or $0.11 basic and diluted loss per share compared to net income of $8.8 million or $0.04 per share diluted a year ago. EBITDA was $28.5 million compared to $50.3 million a year ago. Adjusted EBITDA was $63.7 million against $67.0 million a year ago. Non-GAAP net revenue was $437.1 million, with non-GAAP net income of $35.4 million, or $0.15 per share. Prior quarter non-GAAP net revenue was $433.6 million, with non-GAAP net income of $33.8 million, or $0.14 per share. Non-GAAP net revenue for fiscal second quarter 2014 was $447.6 million, with net income of $45.3 million, or $0.19 per share.

For the six months, the company reported net revenue of $870.7 million compared to $876.6 million a year ago. Loss from operations was of $4.0 million compared to income from operations of $26.4 million a year ago. Loss before income taxes was of $19.9 million compared to income before taxes of $12.6 million a year ago. Net loss was $34.8 million or $0.15 basic and diluted loss per share compared to net income of $9.1 million or $0.04 per share diluted a year ago. EBITDA was $67.4 million compared to $88.8 million a year ago. Adjusted EBITDA was $122.8 million against $120.2 million a year ago.

For the fiscal third quarter ending March 28, 2015, the company expects non-GAAP net revenue to be $418 million +/-10 million and non-GAAP earnings per share to be $0.09 +/-0.02.