Viavi Solutions

Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance. The Network Enablement segment offers an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in Chandler, AZ.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q2 2025

Viavi Solutions reports challenging Q3 earnings, anticipates recovery in Q4

Viavi Solutions faced a challenging quarter with declining revenue and EPS. However, the company implemented strategic measures and expects a better performance in fiscal Q4 2023. Challenges in the NSE segment were acknowledged, but recovery is anticipated in the near future.

Viavi Solutions beats revenue expectations, acquires Jackson Labs for growth

Viavi Solutions delivered strong revenue performance in Q2 2023, exceeding guidance despite challenges.
Operational efficiency and the acquisition of Jackson Labs highlight strategic positioning for future growth.
Challenges in NSE revenue and workforce restructuring require focused management attention.
Viavi's strong cash position and share repurchases reflect confidence in long-term prospects.

Viavi Solutions reports Q3 revenue decline, eyes NSE recovery

Viavi Solutions faced revenue decline and EPS reduction in Q3 2023, prompting a growth restructuring plan.
Challenges included macroeconomic headwinds impacting NSE segment and lab product weakness.
However, opportunities lie in the recovery of NSE business, positive outlook for avionics, and cable market growth.
Stabilization and potential recovery are seen in field instruments, indicating a mixed performance.

Viavi Solutions surpasses Q4 expectations, eyes growth amid challenges

Viavi Solutions delivered strong financial performance in Q4, exceeding revenue and EPS expectations, while showcasing operational improvements and cost-saving initiatives.
Despite challenges in OpEx expenses and uncertain recovery timelines, Viavi's strategic strengths lie in its stable balance sheet, strong business segments, and growth opportunities through M&A and market expansion.
The company's focus on efficiency, customer engagement, and innovation positions it well to navigate industry challenges and capitalize on emerging trends for sustained growth and profitability.

Viavi Solutions reports Q1 earnings below guidance, focuses on growth

Viavi Solutions reported Q1 2024 earnings slightly below guidance, with a 20.1% YoY revenue decline, but demonstrated strong cash flow and profit margins.
The company faces challenges in managing OSP revenue and operational efficiency but maintains a focus on addressing these issues.
Opportunities lie in potential revenue growth, product innovation, and strategic investments supported by a healthy cash balance and operational improvements.
Overall, Viavi Solutions shows resilience amidst challenges and aims for gradual recovery and sustainable growth in key product areas.

Viavi Solutions excels in Q2 earnings, eyes growth opportunities

Viavi Solutions delivered a strong Q2 performance, surpassing revenue and earnings expectations, driven by robust NSE revenue and operational efficiency.
While facing challenges in NE revenue decline and delayed spending, Viavi's strategic strengths in innovation and market positioning offer growth opportunities.
Management's confidence in the company's outlook, coupled with upcoming cable spend ramp and technological advancements, positions Viavi for future success.
Addressing challenges proactively, leveraging growth opportunities, and maintaining a focus on innovation will be key for Viavi's sustained growth and market leadership.

Viavi Solutions surpasses Q3 revenue expectations, eyes seasonal Q4 growth

Viavi Solutions' Q3 performance slightly exceeded expectations, with strength in OSP revenue growth. Challenges persist in NSE and SE revenue due to conservative spending. Management anticipates a seasonally stronger Q4 but acknowledges ongoing market challenges.

Viavi Solutions reports Q1 revenue below guidance, sees recovery ahead

Viavi Solutions faced revenue challenges in Q1 2025 but exceeded expectations in the OSP segment.
The company anticipates recovery in NSE and sees opportunities for growth in wireless and innovation.
Challenges include declining revenues in NSE and SE, with softer demand in certain product lines.
Viavi maintains a positive outlook for the future with expectations of revenue growth and margin improvement.

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Viavi (VIAV) upgrades its Xgig 5P16 platform for enhanced PCI Express 5.0 testing. This will enable equipment manufacturers to boost testing productivity with accelerated time-to-market.

Viavi (VIAV) Improves Xgig 5P16 Platform With New Functionalities

SCOTTSDALE, Ariz., Sept. 22, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has made a $200,000 gift to The University of Arizona Wyant College of Optical Sciences (the "College") to establish the "H.

VIAVI Establishes Scholarship Honoring Optics Pioneer Dr. H. Angus Macleod at The University of Arizona Wyant College of Optical Sciences

SCOTTSDALE, Ariz., Sept. 21, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the VIAVI Xgig 5P16 platform now supports analyzer bifurcation and multi-user functionality, enabling multiple users and simultaneous tests on a single platform.

VIAVI Xgig 5P16 Delivers New Functionality for Improved PCI Express 5.0 Testing

Viavi (VIAV) simplifies and accelerates high-speed lab testing for 800G network products with enhanced ONT 800G FLEX XPM module capabilities.

Viavi (VIAV) Boosts 800G Adoption With Enhanced ONT-800 XPM Modules

SCOTTSDALE, Ariz., Sept. 15, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that Capgemini, a global leader in business and technology transformation, has collaborated with the company through Capgemini Engineering in Portugal to deliver an industry-leading 5G and O-RAN lab test capability, powered by VIAVI's O-RAN Lab as a Service (LaaS).

Command The 5G Network: VIAVI and Capgemini Collaborate on 5G and O-RAN Validation

SCOTTSDALE, Ariz., Sept. 14, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the VIAVI ONT 800G FLEX XPM Module now supports QSFP-DD800 testing, accelerating the production of 800G network infrastructure.

VIAVI Augments ONT-800 XPM Modules to Speed 800G Products to Market

Vodafone Group

Viavi (VIAV) partners Vodafone's subsidiary to enhance the latter's network service quality, in turn, boosting subscriber experience on the back of NITRO GEO's automated intelligence.

Viavi (VIAV) Automates Vodafone Unit Network With NITRO GEO Platform

SCOTTSDALE, Ariz. , Sept. 1, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) has released its annual Corporate Social Responsibility Report, demonstrating its commitment to creating a culture of diversity, equity and inclusion (DEI) and enhancing sustainable business practices and community engagement by maintaining strong environmental, social and governance (ESG) practices.

VIAVI Advances Commitment to Sustainable, Inclusive and Ethical Stewardship in Annual Corporate Social Responsibility Report

SCOTTSDALE, Ariz. , Aug. 31, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that Vodafone Portugal has deployed NITRO GEO, a subscriber-centric, app-aware intelligence platform that delivers powerful insights into the customer experience while enabling Vodafone to handle data in a GDPR-compliant manner.

VIAVI NITRO GEO Empowers Vodafone Portugal to Improve Customer Service

SCOTTSDALE, Ariz., Aug. 25, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has been named a Value Leader in the inaugural Enterprise Management Associates (EMA) Network Performance Management Radar report.

VIAVI Named a Value Leader in EMA Network Performance Management Radar

Viavi Solutions Inc (NASDAQ: VIAV) is collaborating with technology supplier Picocom to provide complete test solutions to validate Open RAN base station components. The components include chips, physical layers and protocol stack software for small cell 5G networks compliant with O-RAN standards.

Viavi, Picocom Bond To Approve Open RAN Base Station Components

SCOTTSDALE, Ariz., Aug. 17, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced collaboration with technology supplier Picocom to provide complete test solutions for validation of Open RAN base station components, including chips, physical layers and protocol stack software, for small cell 5G networks compliant with O-RAN standards.

VIAVI Equips Picocom to Validate O-RAN Small Cell Base Stations

Strength in wireless and fiber, along with robust demand for anti-counterfeiting products, helps Viavi (VIAV) to beat fourth-quarter fiscal 2021 estimates on strong revenues.

Viavi (VIAV) Q4 Earnings Beat on Healthy Top-Line Growth

Viavi Solutions Inc.'s (VIAV) CEO Oleg Khaykin on Q4 2021 Results - Earnings Call Transcript

Viav Solutions (VIAV) delivered earnings and revenue surprises of 15.79% and 2.82%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Viav Solutions (VIAV) Surpasses Q4 Earnings and Revenue Estimates

SCOTTSDALE, Ariz., Aug. 12, 2021 /PRNewswire/ -- Fourth Quarter Net revenue of $310.9 million, up $44.3 million or 16.6% year-over-year GAAP operating margin of 10.5%, down 570 bps year-over-year Non-GAAP operating margin of 20.8%, up 120 bps year-over-year GAAP EPS of $(0.01), down $0.13 or 108.3% year-over-year Non-GAAP EPS of $0.22, up $0.04 or 22.2% year-over-year Fiscal 2021 Net revenue of $1,198.9 million, up $62.6 million or 5.5% year-over-year GAAP operating margin of 11.9%, up 150 bps year-over-year Non-GAAP operating margin of 21.1%, up 250 bps year-over-year GAAP EPS of $0.20, up $0.08 or 66.7% year-over-year Non-GAAP EPS from continuing operations of $0.83, up $0.10 or 13.7% year-over-year VIAVI (NASDAQ: VIAV) today reported results for its fourth fiscal quarter ended July 3, 2021.

VIAVI Announces Fourth Quarter And Year End Fiscal 2021 Results

EXFO

- Leading proxy advisor Glass Lewis recommends EXFO minority shareholders vote AGAINST   Mr. Lamonde's going private transaction, in the face of VIAVI's US$8.00 per share binding superior proposal - Glass Lewis highly critical of Mr.

Glass Lewis Recommends EXFO Shareholders Vote AGAINST Germain Lamonde's Going-Private Transaction

Viav Solutions (VIAV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Viav Solutions (VIAV) Earnings Expected to Grow: Should You Buy?

- Shareholders are encouraged to REJECT Mr. Lamonde's inferior US$6.00 per share going private transaction at the EXFO Special Meeting of Shareholders on Friday, August 13, 2021 - Shareholders may also exercise dissent rights and demand to be paid the fair value of their shares - In addition, shareholders may contest the fairness of Mr.

VIAVI Thanks EXFO Minority Shareholders for Strong Support; Outlines Options Available to EXFO Minority Shareholders to Receive Fair Value

SCOTTSDALE, Ariz., July 26, 2021 /PRNewswire/ -- Viavi Solutions Inc. ("VIAVI") (NASDAQ: VIAV) is once again extremely disappointed that Germain Lamonde, EXFO Inc.'s (TSX: EXF) (NASDAQ: EXFO) ("EXFO") Chairman and majority shareholder, and the EXFO Special Committee have rejected our increased binding proposal (the "Binding Proposal") to acquire EXFO for US$8.00 in cash per share.

VIAVI Urges EXFO Special Committee to Uphold Their Fiduciary Duty to Maximize Value for All Shareholders

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Viavi Solutions Inc (NASDAQ: VIAV) increased the binding proposal to acquire EXFO Inc (NASDAQ: EXFO) from $7.50 to $8.00 per share.  The offer reflects EXFO's Q3 2021 financial results in which bookings rose 47.2% year-on-year to $87 million with a book-to-bill ratio at 1.20.

Viavi Raises EXFO Takeover Offer To $8 Per Share

QUEBEC CITY, July 20, 2021 /PRNewswire/ - Mr. Germain Lamonde today issued the following statement: Viavi Solutions Inc. (Viavi) made a fourth unsolicited, non-binding proposal to acquire EXFO Inc. (EXFO), and, for the fourth time, I make it crystal clear to Viavi and to my board of directors at EXFO that as controlling shareholder of EXFO, I would not consider any transaction with Viavi, or any other change of control transaction.

Germain Lamonde Rejects Fourth Unsolicited, Non-Binding Proposal From Viavi

VIAVI's Binding Proposal represents a 33 ⅓% or US$2.00 per share premium to the current Going Private Transaction SCOTTSDALE, Ariz., July 20, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an increased binding proposal (the "Proposal") to acquire all of the outstanding subordinate voting shares and multiple voting shares of EXFO Inc. (TSX: EXF) (NASDAQ: EXFO) ("EXFO") from US$7.50 to US$8.00 in cash per share.

VIAVI Announces Increased Binding Proposal to Acquire EXFO at US$8.00 Per Share

SCOTTSDALE, Ariz., July 16, 2021 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") will announce its fiscal fourth quarter and year-end 2021 financial results for the period ended July 3, 2021, on Thursday, August 12, 2021, after the close of market.

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