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

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CHANDLER, Ariz. , April 9, 2024 /PRNewswire/ --  Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of performance testing capability for Post-Quantum Cryptography (PQC) system deployments.

VIAVI Introduces Performance Testing for Post-Quantum Cryptography Deployments

Viavi (VIAV), in collaboration with Northeastern University, unveils a 6G city-scale digital twin and AI-Native Air Interface to expedite the development of the next generation of communication technology.

Viavi (VIAV) Expedites Innovation in AI Native 6G Research

CHANDLER, Ariz. , April 4, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared milestones in 6G and AI research based on the company's 6G Forward Program.

VIAVI Unveils Groundbreaking Advances in 6G and AI Research with Introduction of 6G City-Scale Digital Twin and AI-Native Air Interface

CHANDLER, Ariz.--(BUSINESS WIRE)--VIAVI Solutions (“VIAVI”) (NASDAQ: VIAV) notes the announcement made by Keysight Technologies, Inc. (“Keysight”) and Spirent Communications plc (“Spirent”) on March 28, 2024, of a recommended cash acquisition of Spirent by Keysight. VIAVI believes that its Acquisition represents certain value and notes its limited business overlap with Spirent relative to Keysight. VIAVI believes that the proposed combination of Keysight and Spirent would further entrench Keysi.

VIAVI Solutions Comments on Offer for Spirent Communications by Keysight Technologies

CHANDLER, Ariz. , March 28, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum, March 26-28, in Dallas, Texas.

VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum

Keysight

Spirent Communications shares surged 10% on Thursday after the British company backed a takeover offer put forward by Keysight Technologies that saw the California company outbid its rival Viavi Solutions to take over the struggling telecoms testing firm.

Spirent turns back on Viavi in backing Keysight's $1.46 billion takeover bid

Spirent Communications (LSE:SPT) plc has accepted a takeover bid from US electronics group Keysight at 201.5p per share, representing a roughly 14% premium to Wednesday's closing price. The bid beats out a previous offer from Viavi by a 26.5p per share.

Viavi gazumped as Spirent agrees to Keysight takeover bid

CHANDLER, Ariz. , March 12, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today expanded its fiber optic test solutions portfolio with the addition of the INX™ 760 probe microscope.

VIAVI Launches Industry's First Single, Duplex and Multi-Fiber Probe Microscope with Complete Automated Workflow

CHANDLER, Ariz. , March 7, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will be showcasing its latest network testing solutions that address the demanding requirements of Artificial Intelligence (AI) applications at OFC 2024.

VIAVI Showcases Testing Solutions from Lab to Field for Demanding Artificial Intelligence Applications at OFC 2024

Spirent Communications (LSE:SPT) has agreed to be bought out by Viavi Solutions (NASDAQ:VIAV) in an all-cash deal priced at 175p per share. The offer places a £1 billion valuation on London-listed communications technology group Spirent, representing a 61.4% premium to Monday's closing price.

Spirent agrees to takeover bid from Viavi as profits crumble

U.S.-based communications equipment firm Viavi Solutions Inc has agreed to buy British telecommunications testing firm Spirent Communications for about 1.01 billion pounds ($1.28 billion), the firms said on Tuesday.

US-based Viavi to buy UK's Spirent Communications for $1.28 bln

CHANDLER, Ariz. & LONDON--(BUSINESS WIRE)--VIAVI Solutions (“VIAVI”) (NASDAQ: VIAV), a leading provider of communications test, measurement and optical technologies, and Spirent Communications plc (“Spirent”) (LSE: SPT), a global provider of automated test and assurance solutions for networks, cybersecurity and positioning, today announced an agreement on the terms of a cash offer for Spirent which the Spirent Board intends to unanimously recommend (the “Acquisition”). The Acquisition price val.

VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security Solutions for Research and Development Labs, Service Providers, Data Centers and Mission-Critical Infrastructure

CHANDLER, Ariz. , Feb. 27, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of traffic analysis capabilities to its Observer Sentry Software-as-a-Service-based threat exposure management solution.

VIAVI Adds Critical Traffic Visibility to Observer Sentry Threat Exposure Management

CHANDLER, Ariz. , Feb. 21, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced advanced and additional capabilities of a joint Testbed as a Service (TBaaS) with VMware, recently acquired by Broadcom, which combines the VIAVI TeraVM RIC Test with the VMware RAN Intelligent Controller (RIC) to create a Digital Twin for the evaluation and performance benchmarking of applications.

VIAVI and Broadcom Expand RIC Testbed as a Service to Advance Digital Twin Environments

CHANDLER, Ariz. , Feb. 20, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will showcase test, automation and optimization solutions through a series of collaborative demonstrations with over 20 partners at MWC Barcelona, February 26-29, 2024.

MWC Barcelona: VIAVI to Demonstrate AI, Cloud & Open Network Optimization With More Than 20 Industry Partners

CHANDLER, Ariz. , Feb. 15, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the VIAVI Xgig® CXL Exerciser has been recognized as a CXL 1.1 Gold device by the Compute Express Link® (CXL®) Consortium.

VIAVI Xgig® Exerciser Approved for CXL 1.1 Gold Suite Compliance Testing

CHANDLER, Ariz. , Feb. 13, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will be showcasing network test, automation and optimization solutions powered by NITRO® Wireless and NITRO® AIOps at MWC Barcelona, February 26-29, 2024.

At MWC Barcelona, VIAVI Will Showcase Solutions to Optimize Networks In The Age of AI and The Cloud

Viavi Solutions expects growth in the 3D sensing and smartphone sensor market, making it a potential buy. The company has a strong focus on network testing, monitoring, and assurance, serving various sectors. Analysts have increased their EPS expectations for 2024 and 2025, indicating optimism in the market.

Viavi Solutions Likely To Benefit From Smartphone Sensor Market Growth

CHANDLER, Ariz. , Feb. 7, 2024 /PRNewswire/ -- Tata Consultancy Services (TCS) and VIAVI Solutions (NASDAQ: VIAV) today announced that Claro Colombia has selected AI-based solutions from a strategic partnership of the two companies to expand and transform Claro's Service Operations Center (SOC).

Claro Colombia Selects TCS and VIAVI Partnership to Improve Customer Service Using AI-Based Technology

Viavi Solutions Inc. (VIAV) Q2 2024 Earnings Call Transcript

Viav Solutions (VIAV) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.14 per share a year ago.

Viav Solutions (VIAV) Tops Q2 Earnings and Revenue Estimates

Second Quarter Net revenue of $254.5 million, down $30.0 million or 10.5% year-over-year GAAP operating margin of 8.8%, up 80 bps year-over-year Non-GAAP operating margin of 13.2%, down 300 bps year-over-year GAAP diluted Earnings per share (EPS) of $0.05, up $0.01 or 25.0% year-over-year Non-GAAP diluted EPS of $0.11, down $0.03 or 21.4% year-over-year CHANDLER, Ariz. , Feb. 1, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its second fiscal quarter ended December 30, 2023.

VIAVI ANNOUNCES SECOND QUARTER FISCAL 2024 RESULTS

CHANDLER, Ariz., Jan. 16, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal second quarter 2024 financial results for the period ended December 30, 2023, on Thursday, February 1, 2024, after the close of market.

VIAVI Announces Date for Fiscal Second Quarter 2024 Financial Results

CHANDLER, Ariz. , Jan. 11, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the U.S. National Telecommunications and Information Administration (NTIA) has awarded the company a grant from the Public Wireless Supply Chain Innovation Fund's first Notice of Funding Opportunity.

U.S. NTIA Awards Funding to VIAVI Automated Lab-as-a-Service for Open RAN

CHANDLER, Ariz. , Jan. 9, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced significant enhancements to the Observer Platform allowing IT teams to further maximize network availability, productivity and compliance.

News for Viavi Solutions Stock (VIAV)