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.

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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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CHANDLER, Ariz. , July 16, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the launch of NITRO® Fiber Sensing, an integrated real-time asset monitoring and analytics solution for critical infrastructure ranging from oil, gas and water pipelines to electrical power transmission, border/perimeter security and data center interconnects.

VIAVI Introduces Sensing Solutions for Fiber Optic Cables and Fiber-Enabled Critical Infrastructure

Viavi (VIAV) partners with Telecom Infra Project to advance Open RAN Testing capabilities.

Viavi (VIAV) Partners With TIP to Boost ORAN Capabilities

Joint Framework Expands Testing Services, Driving Industry-wide Adoption of Open RAN Solutions Advancing Industry Standards Through Collaboration : TIP partners with VIAVI to expand VALOR's testing for Open RAN. Streamlined Testing : Establishes VALOR as the first TIP-authorized test lab, reducing testing duplication.

VIAVI VALOR and Telecom Infra Project (TIP) Announce Strategic Collaboration to Advance Open RAN Testing Capabilities

By integrating ETS-Lindgren's advanced facilities, VIAVI (VIAV) aims to accelerate O-RU commercialization and innovation, setting a new standard in testing and certification methodologies.

Viavi (VIAV) Partners With ETS-Lindgren for OTA Testing

RICHARDSON, Texas--(BUSINESS WIRE)-- #3GPP--Mavenir announce successfully completing 3GPP Security Assurance Testing for the RU, DU, and CU together with VIAVI and CableLabs.

Mavenir, VIAVI, and CableLabs Complete Open RAN 3GPP Security Assurance Testing During the Spring 2024 O-RAN ALLIANCE PlugFest

CHANDLER, Ariz. , June 26, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has selected ETS-Lindgren to provide an RF-shielded anechoic chamber to support Massive MIMO over-the-air (OTA) performance testing of Open Radio Units (O-RUs) at the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR™).

VIAVI Selects ETS-Lindgren To Deliver Anechoic Chamber For Massive MIMO Over-The-Air Testing at VALOR Lab

Luleå 2024-06-25 – Effnet, a leading provider of containerized 5G RAN software and 5G protocol stack for terminals as well as Header Compression software, today announces its successful participation in interoperability testing together with VIAVI and Red Hat.

Effnet 5G gNB-CU validated using VIAVI TeraVM and power monitoring for Red Hat OpenShift for energy efficient computing

CHANDLER, Ariz. , June 25, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared the company's role in the Spring 2024 PlugFest organized by the O-RAN ALLIANCE.

VIAVI Provides Benchmarking and Validation at Spring 2024 O-RAN PlugFest as U.S. NTIA Calls for O-RU Commercialization

VIAVI CTO Dr. Sameh Yamany Will Deliver Keynote Address on "Telecom Digital Twins And Their Role In Future Technologies Maturity" CHANDLER, Ariz. , June 10, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will be presenting research, solutions and perspectives on next-generation networking technologies including 6G, AI, Open RAN (O-RAN) and Non-Terrestrial Networks (NTNs) at the IEEE International Communications Conference, in Denver, Colorado.

At IEEE International Communications Conference, VIAVI and Partners Will Showcase 6G and AI Research, and O-RAN and NTN Test Solutions

Viavi's (VIAV) partnership with Rohde & Schwarz addresses the need for scalable testing solutions as O-RAN radios move from lab validation to commercial deployment.

Viavi (VIAV) Expands Tie-Up for Improved Network Testing

CHANDLER, Ariz. , June 6, 2024 /PRNewswire/ -- Rohde & Schwarz (R&S) and Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an expansion of their partnership delivering state-of-the-art O-RU testing.

Rohde & Schwarz and VIAVI Offer Joint Network Test Solutions Supporting Open Radio Commercialization and Innovation

CHANDLER, Ariz. , June 4, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR™) has released O-RU conformance, performance, security and subsystem interoperability tests based on O-RAN ALLIANCE specifications.

VIAVI Automated Lab-as-a-Service For Open RAN (VALOR) Supports Open Radio Unit (O-RU) Commercialization and Innovation

'2024/25 State of the Network' study, authored by Enterprise Strategy Group and commissioned by VIAVI, will be presented at Cisco Live! CHANDLER, Ariz.

Organizations With Network Observability Are 3.5X More Likely to Significantly Reduce Detection Times, VIAVI Study Reveals

With the broadest global coverage in the industry, Viavi's (VIAV) SecureTime service promises improved resilience against the increasing threat of cyber attacks.

Viavi (VIAV) Enhances Communication With SecureTime Launch

CHANDLER, Ariz. , May 29, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today launched its altGNSSSM GEO SecureTimeSM services that deliver nanoseconds-accurate UTC timing via L-Band and Ku-Band satellite signals for critical infrastructure including 5G networks, transportation, data centers, smart grid, high-frequency trading, military and first responder communications, and satellite terminals.

VIAVI Introduces Industry-Leading L- and Ku-band, Fully GNSS-Independent UTC Timing Services

Viavi (VIAV) expands collaboration with Rohde & Schwarz to design advanced test solutions for Open RAN and Non-Terrestrial Network.

Viavi (VIAV), Rohde & Schwarz Team Up for New Test Solutions

CHANDLER, Ariz. , May 22, 2024  /PRNewswire/ -- Rohde & Schwarz (R&S) and Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an expansion of their partnership for joint wireless lab test solutions.

Rohde & Schwarz and VIAVI Solutions Unveil Open RAN and Non-Terrestrial Network Test Solutions

Investors need to pay close attention to Viavi Solutions (VIAV) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Viavi Solutions (VIAV) Stock?

Fugro AtomiChron® Timing Service Augments Resilience, Assurance, Precision and Availability on a Global Scale CHANDLER, Ariz. , May 7, 2024 /PRNewswire/ --  Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of SecurePNT™ 6200 with SecureTimeSM services, a resilient timing clock solution that delivers the most comprehensive assurance of positioning, navigation and timing (PNT) services used in critical infrastructure operations worldwide.

VIAVI Introduces Industry's Most Comprehensive Solution for Resilient Positioning, Navigation and Timing for Critical Infrastructure

Viavi (VIAV) delivers weak Q3 fiscal 2024 performance owing to cautious spending by the service providers and enterprise customers.

Viavi (VIAV) Q3 Earnings & Revenues Lag Estimates, Down Y/Y

Viav Solutions (VIAV) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.08 per share a year ago.

Viav Solutions (VIAV) Q3 Earnings and Revenues Miss Estimates

Third Quarter Net revenue of $246.0 million, down $1.8 million  or 0.7% year-over-year GAAP operating margin of (4.8)%, down 400 bps year-over-year Non-GAAP operating margin of 9.3%, down 210 bps year-over-year GAAP diluted Earnings per share (EPS) of $(0.11), down $0.04 or 57.1% year-over-year Non-GAAP diluted EPS of $0.06, down $0.02 or 25.0% year-over-year CHANDLER, Ariz. , May 2, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its third fiscal quarter ended March 30, 2024.

VIAVI ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS

CHANDLER, Ariz. , April 17, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal third quarter 2024 financial results for the period ended March 30, 2024, on Thursday, May 2, 2024, after the close of market.

VIAVI Announces Date for Fiscal Third Quarter 2024 Financial Results

CHANDLER, Ariz. , April 15, 2024 /PRNewswire/ --  Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has joined the Strategic Board of the OpenAirInterface Software Alliance (OSA).

VIAVI Joins the OpenAirInterface Software Alliance as Strategic Member

Viavi's (VIAV) TeraVM Security Test solution offers a robust framework of cloud-enabled test platform for advanced data security measures in an increasingly digitized world.

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