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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Luleå 2023-12-18 - Effnet, a leading provider of containerized 5G open RAN software and 5G protocol stack for terminals as well as Header Compression software, today announces that it has successfully completed end-to-end testing of its 5G RAN software together with VIAVI and others in a joint interoperability testing excercise.

Effnet participates in end-to-end testing of it's 5G RAN software with VIAVI and others

CHANDLER, Ariz. , Dec. 18, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared the company's role in the Fall 2023 O-RAN PlugFest organized by the O-RAN ALLIANCE and hosted by industry leaders.

VIAVI Provides Benchmarking and Validation Across Eight Countries at Fall 2023 O-RAN PlugFest

CHANDLER, Ariz. , Nov. 15, 2023 /PRNewswire/ -- VIAVI Solutions (NASDAQ: VIAV) today announced that Chief Technology Officer Dr. Sameh Yamany has testified at a hearing of the House Communications and Technology Subcommittee on "Leveraging AI to Enhance American Communications.

VIAVI CTO Sameh Yamany Testifies at House Communications and Technology Subcommittee Hearing on "Leveraging AI to Enhance American Communications"

CHANDLER, Ariz. , Nov. 15, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the expansion of its NITRO® Wireless portfolio with the addition of XhaulAdvisor, a scalable software solution offering real-time data for fronthaul verification, analysis, emulation and channel utilization.

VIAVI Accelerates O-RAN Interoperability Testing with Industry's First Real-Time Analyzer

LITTLE ROCK, Ark. & CHANDLER, Ariz.--(BUSINESS WIRE)--Windstream Wholesale, an optical technology leader delivering fast and flexible advanced solutions, and VIAVI Solutions (NASDAQ: VIAV), a global provider of network testing, monitoring, and assurance solutions, today announced the integration of VIAVI Remote Fiber Test System (RFTS) into Windstream's Intelligent Converged Optical Network (ICON). This tool further advances network intelligence functionality for Dark Fiber and Wavelength monit.

Windstream Wholesale and VIAVI Change the Network Intelligence Game with Unmatched Visibility and Speed

Viavi Solutions, Inc. (NASDAQ:VIAV ) Q1 2024 Earnings Call Transcript November 2, 2023 4:30 PM ET Company Participants Pam Avent - Viavi Solutions Interim CFO Oleg Khaykin - President, CEO & Director Conference Call Participants Mehdi Hosseini - Susquehanna Michael Genovese - Rosenblatt Securities Timothy Savageaux - Northland Capital Markets Alexander Henderson - Needham & Company Operator Hello, everyone. My name is Alexis.

Viavi Solutions, Inc. (VIAV) Q1 2024 Earnings Call Transcript

First Quarter Net revenue of $247.9 million, down $62.3 million or 20.1% year-over-year GAAP operating margin of 6.5%, down 960 bps year-over-year Non-GAAP operating margin of 12.4%, down 930 bps year-over-year, slightly below the low-end of our guidance range GAAP diluted Earnings per share (EPS) of $0.04, down $0.10 or 71.4% year-over-year Non-GAAP diluted EPS of $0.09, down $0.14 or 60.9% year-over-year CHANDLER, Ariz. , Nov. 2, 2023 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its first fiscal quarter ended September 30, 2023.

VIAVI ANNOUNCES FIRST QUARTER FISCAL 2024 RESULTS

CHANDLER, Ariz. , Oct. 26, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) and Tata Consultancy Services (TCS) have marked 25 years of collaboration on wireless network test platforms deployed around the globe, beginning with 2G and advancing to end-to-end interoperability of 5G, O-RAN and beyond.

VIAVI and TCS Celebrate 25-Year Partnership With Focus on the Future of Communications Networks

CHANDLER, Ariz. , Oct. 18, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) announced today the appointment of Ilan Daskal as Executive Vice President and Chief Financial Officer, effective November 7, 2023.

VIAVI Appoints Ilan Daskal as Executive Vice President and Chief Financial Officer

CHANDLER, Ariz. , Oct. 17, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal first quarter 2024 financial results for the period ended September 30, 2023, on Thursday, November 2, 2023, after the close of market.

VIAVI Announces Date for Fiscal First Quarter 2024 Financial Results

Viavi Solutions is a network testing and monitoring company with a diversified portfolio covering three essential business segments. VIAV faces competition in various segments but maintains a strong position due to its extensive product range, strategic acquisitions, and focus on innovation, evidenced by its 956 U.S. patents. VIAV's financial performance in 2023 showed a decline in product revenues but stability in service revenues.

Viavi's Positioning In 5G: Promising, But Stock Is Expensive

CHANDLER, Ariz. , Oct. 4, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of NITRO® Wireless, a portfolio of solutions enabling all participants in the ecosystem – equipment manufacturers, service providers, semiconductor companies, software developers and system integrators – to accelerate technology development by validating performance at each stage in intelligent, intuitive and automated ways.

VIAVI Launches NITRO® Wireless, Delivering Cloud Intelligence and Automation to Accelerate 5G and 6G

CHANDLER, Ariz., and STEVENAGE, England , Sept.

VIAVI And Partners Awarded Funding for Three Projects In DSIT ONE Competition

CHANDLER, Ariz. , Sept. 14, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of NITRO® AIOps on Google Cloud, creating an innovative solution that leverages VIAVI cutting-edge network analytics solutions and Google Cloud's native service capabilities.

VIAVI Partners with Google Cloud to Provide Cloud-Based Network Intelligence and Optimization

Viavi Solutions Inc. VIAV, +1.06% on Wednesday announced its board of directors accepted the resignation of Henk Derksen as chief financial officer, effective Aug. 25. Derksen plans to return to Europe to pursue a new opportunity, the company said.

Viavi CFO resigns

CHANDLER, Ariz. , Aug. 30, 2023 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") announced today that the board of directors has accepted the resignation of Henk Derksen as VIAVI's Chief Financial Officer ("CFO"), effective August 25, 2023.

VIAVI Announces CFO Resignation

Viavi (VIAV) unveils testing solutions for both base stations and end-to-end networks to facilitate validation of Non-Terrestrial Networks and High-Altitude Platforms.

Viavi (VIAV) Unveils Testing Solutions for NTN and HAPs Network

CHANDLER, Ariz. , Aug. 23, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of base station and end-to-end testing supporting Non-Terrestrial Networks (NTN) and High Altitude Platforms (HAPs).

VIAVI Introduces NTN and HAPs Network Testing For 5G and 6G Satellite Communication

Viavi Solutions, Inc. (NASDAQ:VIAV ) Q4 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Henk Derksen - EVP & CFO Oleg Khaykin - President, CEO & Director Conference Call Participants Mehdi Hosseini - Susquehanna Timothy Savageaux - Northland Capital Markets Michael Genovese - Rosenblatt Securities Alexander Henderson - Needham & Company Meta Marshall - Morgan Stanley Ruben Roy - Stifel, Nicolaus & Company Operator Hello, everyone. My name is David.

Viavi Solutions, Inc. (VIAV) Q4 2023 Earnings Call Transcript

Viav Solutions (VIAV) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.24 per share a year ago.

Viav Solutions (VIAV) Tops Q4 Earnings and Revenue Estimates

Fourth Quarter Net revenue of $263.6 million, down $71.7 million or 21.4% year-over-year GAAP operating margin of 4.5%, down 980 bps year-over-year Non-GAAP operating margin of 11.7%, down 960 bps year-over-year GAAP EPS of $0.00, down $0.07 or 100.0% year-over-year Non-GAAP EPS of $0.10, down $0.14 or 58.3% year-over-year Fiscal 2023 Net revenues of $1.1 billion, down $186.3 million or 14.4% year-over-year GAAP operating margin of 7.4%, down 690 bps year-over-year Non-GAAP operating margin of 15.6%, down 660 bps year-over-year GAAP EPS of $0.11, up $0.04 or 57.1% year-over-year Non-GAAP EPS of $0.55, down $0.40 or 42.1% year-over-year CHANDLER, Ariz. , Aug. 10, 2023 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its fourth fiscal quarter ended July 1, 2023.

VIAVI ANNOUNCES FOURTH QUARTER AND YEAR ENDED FISCAL 2023 RESULTS

CHANDLER, Ariz. , Aug. 8, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the Court of Appeals of the State of Kansas has affirmed a lower court decision in a case filed by Aeroflex Wichita, now a VIAVI company, against Tel-Instrument Electronics Corp. ("TIC") and two of its employees with total damages owed to VIAVI now exceeding US$7 million.

Kansas Court of Appeals Rules in Favor of Aeroflex Wichita in Case Against Tel-Instrument Electronics Corp.

CHANDLER, Ariz., Aug. 7, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its new PCIe 6.0 Protocol Analysis Testing Platform at the Flash Memory Summit (FMS) Conference and Exhibition, August 8-10, at the Santa Clara Convention Center.

VIAVI to Launch PCIe 6.0 Protocol Analysis Testing Platform at Flash Memory Summit

CHANDLER, Ariz. , Aug. 2, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today launched the industry's first Reduced Capability (RedCap) device emulation for 5G network testing, enabling true performance validation for Internet of Things (IoT) and private networks based on a new class of simpler, lower-cost devices including wearables, industrial wireless sensors and video surveillance.

VIAVI First to Introduce RedCap Device Emulation, Boosting 5G IoT Commercialization

CHANDLER, Ariz. , July 13, 2023 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") will announce its fiscal fourth quarter and year-end 2023 financial results for the period ended July 1, 2023, on Thursday, August 10, 2023, after the close of market.

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