Viavi Solutions(VIAV)
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Viavi Solutions (VIAV) Skyrockets 30% on Restructuring Plans
Yahoo Finance· 2026-01-31 21:31
Core Insights - Viavi Solutions Inc. (NASDAQ:VIAV) experienced a significant stock performance, soaring by 30.17% week-on-week, attributed to a corporate restructuring initiative aimed at achieving $30 million in annual cost savings [1] - The stock reached a peak of $24.99, its highest in over two decades, before closing at $24.46, down 0.97% on the day [2] - The restructuring will involve layoffs of approximately 15% of the workforce, facility rationalization, and asset write-offs, with an expected charge of $32 million for severance payments [3] Financial Performance - In Q2 ending December 2025, Viavi Solutions reported a net loss of $48.1 million, a reversal from a net income of $9.1 million in the same quarter the previous year, despite a 36% increase in net revenues to $369.3 million [4] - For the six-month period, the net loss was $69.5 million, compared to a net income of $7.3 million in the same period last year, with revenues increasing by 31% to $668.4 million [5] Restructuring Timeline - The restructuring initiative is expected to be completed by June 2026 [3]
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Yahoo Finance· 2026-01-30 12:03
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Viavi Solutions (VIAV) Jumps to Decades High on Restructuring Initiative
Yahoo Finance· 2026-01-30 04:49
We recently published 10 Big Names With Explosive Gains. Viavi Solutions Inc. (NASDAQ:VIAV) was one of the top performers on Thursday. Viavi Solutions soared to a new record high in more than two decades, as investor sentiment was fueled by a new corporate restructuring initiative that is expected to result in annual savings of $30 million. At intra-day trading, the stock soared to its highest price of $24.95 before trimming gains to finish the day just up by 17.45 percent at $24.70 apiece. The last tim ...
Viavi Solutions(VIAV) - 2026 Q2 - Quarterly Report
2026-01-29 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-22874 Viavi Solutions Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporati ...
Viavi Q2 Earnings Beat Estimates, Revenues Rise Y/Y on Solid Demand
ZACKS· 2026-01-29 15:25
Key Takeaways Viavi posted Q2 FY26 revenues of $369.3M, up 36.4% year over year, with results topping estimates.VIAV's NSE segment rose 45.8% to $291.5M, driven by data center demand and ongoing 5G and fiber upgrades.VIAVI sees Q3 FY26 revenues of $386-$400M, with OSP boosted by defense demand.Viavi Solutions Inc. (VIAV) reported strong second-quarter fiscal 2026 results, with both top and bottom lines surpassing the Zacks Consensus Estimate.The company posted a solid 36.4% year-over-year increase in revenu ...
Inertial Labs, a VIAVI Solutions Company, Launches IRINS LEO-Aided Inertial Navigation System
Prnewswire· 2026-01-29 11:30
Core Insights - VIAVI Solutions has launched the IRINS, a Low Earth Orbit (LEO)-aided inertial navigation system designed for full operation across land, air, and sea in denied, degraded, and disrupted space operating environments (D3SOE) [1][2] Group 1: Product Features - The IRINS integrates an inertial navigation system (INS), an altitude and heading reference system (AHRS), and a LEO PNT receiver, marking a significant advancement in VIAVI's assured Positioning, Navigation, and Timing (APNT) portfolio [1][4] - The system is designed to counter the increasing number of spoofing and jamming attacks affecting military and critical infrastructure, providing a resilient solution from a single vendor [2][3] - It combines capabilities to calculate altitude, position, velocity, and time data while minimizing bias to prevent drift, and includes a GNSS receiver with a Controlled Reception Pattern Antenna (CRPA) port for attack signal detection [4] Group 2: Strategic Importance - The IRINS represents VIAVI's strategy to mitigate vulnerabilities in positioning, navigation, and timing, integrating satellite-based timing with tactical-grade inertial measurement units (IMUs) for precise PNT in GNSS-denied environments [5] - Assured access to PNT is emphasized as critical for operations in contested environments, with the integration of Iridium PNT alongside VIAVI's INS and AHRS providing a resilient source of time and location data [5] Group 3: Technical Specifications - The IRINS is certified for IP67 and MIL-STD-810G environmental requirements, featuring a tactical-grade MEMS 3-axis accelerometer, gyroscope, and clock, along with embedded barometers and magnetometers [5] - The compact design measures 126.5 × 49.3 × 53.3 mm, housing all capabilities within a single enclosure [5]
Viavi Solutions Q2 Earnings Call Highlights
Yahoo Finance· 2026-01-29 01:00
Core Insights - Viavi Solutions reported strong fiscal second-quarter 2026 results, with net revenue of $369.3 million, which is at the high end of the company's guidance range, reflecting a 23.5% sequential increase and a 36.4% year-over-year growth [3][6] - The company experienced significant growth in its Network Service Enablement (NSE) segment, with revenue reaching $291.5 million, up 45.8% year-over-year, driven by acquisitions and strong demand in the data center ecosystem [5][6] - Viavi's non-GAAP operating margin improved to 19.3%, exceeding guidance and reflecting a 360 basis point increase from the prior quarter [2][6] Financial Performance - Revenue from Spirent was $43 million, slightly below expectations of $45 million to $55 million due to timing issues [1] - Non-GAAP earnings per share were $0.22, surpassing guidance of $0.18 to $0.20, and increased by $0.07 sequentially [2][6] - NSE gross margin was 64.7%, while operating margin improved to 15.6%, up from 8.7% in the same quarter last year [6] Balance Sheet and Cost Management - The company ended the quarter with $772.1 million in cash and short-term investments, an increase from $549.1 million in the previous quarter [9] - Viavi executed a restructuring plan impacting approximately 5% of its workforce, with expected annual savings of about $30 million [12] - The company exchanged about $100 million of convertible notes for shares and prepaid $100 million of its Term Loan B [10][11] Market Demand and Outlook - Demand from the data center ecosystem continues to drive growth, with management noting longer visibility in data center-related demand [13][14] - The company expects fiscal third-quarter 2026 revenue to be between $386 million and $400 million, with NSE revenue projected at $304 million to $316 million [15] - Viavi anticipates paying a $75 million earnout related to Inertial Labs in the third quarter due to strong performance [16]
Viav Solutions (VIAV) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2026-01-28 23:45
Viav Solutions (VIAV) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.79%. A quarter ago, it was expected that this communications equipment company would post earnings of $0.13 per share when it actually produced earnings of $0.15, delivering a surprise of +15.38%.Over the last f ...
Viavi Solutions Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:VIAV) 2026-01-28
Seeking Alpha· 2026-01-28 23:02
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Viavi Solutions(VIAV) - 2026 Q2 - Earnings Call Transcript
2026-01-28 22:32
Viavi Solutions (NasdaqGS:VIAV) Q2 2026 Earnings call January 28, 2026 04:30 PM ET Company ParticipantsIlan Daskal - CFOOleg Khaykin - CEORuben Roy - Managing DirectorVibhuti Nayar - Head of Investor RelationsConference Call ParticipantsAndrew Spinola - AnalystRyan Koontz - Senior AnalystTim Savageaux - AnalystOperatorLadies and gentlemen, good afternoon. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Viavi Solutions Fiscal Second Quarter ...