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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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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Also Introduces 800G ETC Support in Latest Software Release CHANDLER, Ariz. , March 6, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will highlight new Ethernet testing solutions at OFC 2023, March 7-9, San Diego.

VIAVI Announces New High-Speed Ethernet Testing Platform at OFC 2023

CHANDLER, Ariz. , March 2, 2023 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI" or the "Company") today announced that on March 1, 2023, it entered into privately negotiated exchange and/or subscription agreements with certain holders of its outstanding 1.00% Senior Convertible Notes due 2024 (the "2024 Notes") and certain new investors pursuant to which VIAVI will issue $250 million aggregate principal amount of its 1.625% Senior Convertible Notes due 2026 (the "New Notes") consisting of (a) approximately $132 million principal amount of New Notes in exchange for approximately $128 million principal amount of the 2024 Notes (the "Exchange Transactions") and (b) approximately $118 million principal amount of New Notes for cash (the "Subscription Transactions"), in each case, pursuant to exemptions from registration under the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations thereunder.

VIAVI Announces Private Convertible Exchange and Subscription Transactions of $250 Million Principal Amount of 1.625% Senior Convertible Notes Due 2026

CHANDLER, Ariz. , Feb. 27, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of NITRO Discovery, a high-scale, low-latency solution providing real-time discovery of physical or virtual network assets, on the ServiceNow Store.

VIAVI Launches Near Real-Time Discovery of Network Ecosystem on ServiceNow Store

CHANDLER, Ariz. , Feb. 21, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will be showcasing its Lab to Live test and optimization solutions across Fiber, 5G and Cloud at MWC Barcelona, February 27-March 2, 2023.

At MWC Barcelona, VIAVI Will Showcase Solutions and Partnerships to Help Customers Address Business, Cloud, Security and Sustainability Imperatives

CHANDLER, Ariz. , Feb. 16, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced participation in a demonstration of 5G and beyond wireless network management showcasing energy-efficient and low-power cell environments that maintain or improve user experience.

VIAVI Presents Energy Efficiency and Sustainability Demonstration Hosted by Amazon Web Services

The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Viav Solutions (VIAV). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Viav Solutions (VIAV) Could Rally 25.96%: Here's is How to Trade

CHANDLER, Ariz. , Feb. 7, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of the PNT-6200 Series Assured Reference for resilient positioning, navigation and timing (PNT).

VIAVI Solutions Unveils Resilient Positioning, Navigation and Timing from Jackson Labs

Despite outperforming earnings estimates Viavi (VIAV) witnessed a revenue contraction year over year in the December quarter due to demand rigidity and unfavourable macroeconomic environment.

Viavi (VIAV) Revenues Decline Y/Y, Q2 Earnings Beat Estimates

Viavi Solutions Inc. (NASDAQ:VIAV ) Q2 2023 Earnings Conference Call February 2, 2023 4:30 PM ET Company Participants Sagar Hebbar - Head of Investor Relations Henk Derksen - Chief Financial Officer Oleg Khaykin - President & Chief Executive Officer Conference Call Participants Mehdi Hosseini - Susquehanna Alex Henderson - Needham Michael Genovese - Rosenblatt Securities. Karan Juvekar - Morgan Stanley Ruben Roy - Stifel Operator Hello, and thank you for standing by.

Viavi Solutions Inc. (VIAV) Q2 2023 Earnings Call Transcript

Viav Solutions (VIAV) delivered earnings and revenue surprises of 27.27% and 5.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Viav Solutions (VIAV) Q2 Earnings and Revenues Surpass Estimates

Second Quarter Net revenue of $284.5 million, down $30.3 million or 9.6% year-over-year GAAP operating margin of 8.0%, down 770 bps year-over-year Non-GAAP operating margin of 16.2%, down 710 bps year-over-year GAAP EPS of $0.04, down $0.10 or 71.4% year-over-year Non-GAAP EPS of $0.14, down $0.10 or 41.7% year-over-year CHANDLER, Ariz. , Feb. 2, 2023 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its second fiscal quarter ended December 31, 2022.

VIAVI ANNOUNCES SECOND QUARTER FISCAL 2023 RESULTS

CHANDLER, Ariz. , Jan. 18, 2023 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") will announce its fiscal second quarter 2023 financial results for the period ended Dec. 31, 2022, on Thursday, February 2, 2023, after the close of market.

VIAVI Announces Date for Fiscal Second Quarter 2023 Financial Results

CHANDLER, Ariz. , Dec. 14, 2022 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared the company's role in the Fall 2022 O-RAN PlugFest organized by the O-RAN ALLIANCE and hosted by industry leaders.

VIAVI Provides Benchmarking and Validation for Global O-RAN PlugFest, as Technology Gains Acceptance Across More Industry Organizations

15th Consecutive State of the Network Survey reveals end-user experience is now a top priority for 70% of IT teams, but network visibility and problem domain isolation continue to pose challenges amid rising demand for bandwidth CHANDLER, Ariz. , Dec. 14, 2022 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today revealed the results of its 15th consecutive State of the Network global study of enterprise networking and IT service delivery challenges.

Perseverance and Resilience: Organizations Renew Focus on End-User Experience as UCC Troubleshooting Headaches Escalate

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The facility is expected to complement the strategic plan of Viavi (VIAV) to relocate its headquarters to Chandler from California and leverage the city's high quality of life at a reasonable cost.

Viavi (VIAV) Boosts Production Capacity With New AZ Facility

CHANDLER, Ariz. , Nov. 17, 2022 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has opened its new production facility in Chandler, Arizona.

VIAVI Expands U.S. Manufacturing Capacity and Boosts Arizona Economy With Opening of New Optical Production Facility

BARCELONA, Spain , Nov. 9, 2022 /PRNewswire/ -- VMware Explore -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has signed a partnership agreement with VMware to drive standardized frameworks and metrics for RAN Intelligent Controller (RIC) testing. This testbed as a service will enable mobile operators to introduce programmability to the RAN and help accelerate the adoption of Open RAN.

VIAVI and VMware Announce Testbed as a Service for RAN Intelligent Controller Testing

Investors took a look at Viavi's first-quarter results and headed for the exits.

Why Viavi Stock Fell Hard Today

Viavi Solutions Inc. (NASDAQ:VIAV ) Q1 2023 Earnings Conference Call November 3, 2022 4:30 PM ET Company Participants Sagar Hebbar - Head of Investor Relations Oleg Khaykin - President and Chief Executive Officer Henk Derksen - Chief Financial Officer Conference Call Participants Alex Henderson - Needham and Company Tim Savageaux - Northland Capital Markets Angela Jin - JPMorgan Michael Genovese - Rosenblatt Securities Mary Lenox - Morgan Stanley Operator Good afternoon and welcome to the Viavi Solutions First Fiscal Quarter of 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

Viavi Solutions Inc. (VIAV) Q1 2023 Earnings Call Transcript

Viav Solutions (VIAV) delivered earnings and revenue surprises of 0% and 4.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Viav Solutions (VIAV) Meets Q1 Earnings Estimates

First Quarter Net revenue of $310.2 million, down $16.6 million or 5.1% year-over-year GAAP operating margin of 16.1%, up 170 bps year-over-year Non-GAAP operating margin of 21.7%, down 100 bps year-over-year GAAP EPS of $0.14, up $0.38 or 158.3% year-over-year Non-GAAP EPS of $0.23, down $0.01 or 4.2% year-over-year CHANDLER, Ariz. , Nov. 3, 2022 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its first fiscal quarter ended October 1, 2022.

VIAVI ANNOUNCES FIRST QUARTER FISCAL 2023 RESULTS

CHANDLER, Ariz. , Oct. 18, 2022 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") will announce its fiscal first quarter 2023 financial results for the period ended Oct. 1, 2022, on Thursday, November 3, 2022, after the close of market.

VIAVI Announces Date for Fiscal First Quarter 2023 Financial Results

Viavi Solutions Inc. (NASDAQ: VIAV) is well positioned for markets that have secular growth prospects, according to Rosenblatt Securities. The Analyst: Mike Genovese initiated coverage of Viavi Solutions with a Buy rating and a price target of $18.

Viavi Solutions Is 'A Solid, Less Volatile Way' To Invest In Secular Trends, Analyst Says - Viavi Solutions (NASDAQ:VIAV)

CHANDLER, Ariz. , Oct. 6, 2022 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has completed the acquisition of Jackson Labs Technologies, a leader in Position, Navigation and Timing (PNT) solutions for critical infrastructure serving both military and civilian applications.

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