Company Overview - Viavi Solutions Inc. is a leading provider of network test, monitoring, and service enablement solutions across diverse sectors globally, offering end-to-end network visibility and analytics [8] - The company also provides high-performance thin film optical coatings for various markets, including anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation [8] Earnings Estimates - Three analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.02 to $0.38 per share [9] - Viavi Solutions has an average earnings surprise of 9.4%, indicating a positive trend in earnings performance [9] Investment Ratings - Viavi Solutions currently holds a Zacks Rank of 3 (Hold) and has a Momentum Style Score of B, with shares increasing by 4.8% over the past four weeks [20] - The company also has a VGM Score of B, suggesting a solid overall performance in value, growth, and momentum [20][21] Investment Strategy - For optimal investment success, it is recommended to consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, which increases the probability of achieving significant returns [17] - Stocks with a 3 (Hold) rank should also have Style Scores of A or B to maximize upside potential [17]

Group 1: Acquisition Details - Viavi Solutions Inc. has entered into a definitive agreement to acquire Inertial Labs, Inc. for $150 million, with potential contingent payments of up to $175 million over the next four years [1][2] - The acquisition is expected to close in the third quarter of fiscal 2025, subject to regulatory approvals and customary closing conditions [1] Group 2: Inertial Labs Overview - Inertial Labs is a leading developer and supplier of high-performance orientation, positioning, and navigation solutions, with products including Inertial Measurement Units and Inertial Navigation Systems [2] - The company's offerings are particularly relevant to aerospace, defense, and industrial applications, which will complement Viavi's existing product portfolio [2] Group 3: Strategic Alignment - Inertial Labs' solutions support utility inspection and smart navigation systems for airborne and autonomous ground vehicles, aligning with Viavi's strategy to expand into industrial and autonomous transportation markets [3] - This acquisition represents a significant step for Viavi into autonomous systems across military and industrial sectors [3] Group 4: Financial Impact - The acquisition is expected to generate approximately $50 million in incremental revenues in upcoming quarters and be accretive to earnings within the first year of closing [5] - Viavi's strong presence in over 125 countries is anticipated to enhance its Network and Service Enablement business [5] Group 5: Market Position and Performance - Viavi's stock has gained 14.6% over the past year, while the industry has seen a growth of 76.4% [6] - The company is currently ranked 3 (Hold) by Zacks, indicating a stable outlook [8]

 Strategic acquisition extends VIAVI's reach into aerospace, defense and industrial end markets  Broadens VIAVI's portfolio with highly complementary product offerings  Accelerates entry into high growth applications such as autonomous air, land and sea systems CHANDLER, Ariz., Dec. 13, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has signed a definitive agreement to acquire Inertial Labs, Inc. for initial consideration of $150 million at closing and up to $175 ...

Group 1: Core Achievement - Windstream Wholesale has completed the world's first trial of 800 Gigabit Ethernet (800GbE) service, connecting London and Chicago over an 8,500 km route [1] - The trial was conducted in collaboration with VIAVI Solutions Inc. and Colt Technology Services, utilizing Nokia's Photonic Service Interconnect-Modular (PSI-M) platform [1] Group 2: Technological Impact - The introduction of 800GbE effectively doubles service bandwidth, supporting advanced applications such as AI-driven data center networking and financial trading hubs [2] - VIAVI's testing solutions played a crucial role in validating the performance and reliability of the hardware before deployment, ensuring seamless integration of all components [3] Group 3: Market Position and Future Prospects - VIAVI's product portfolio includes end-to-end network visibility and analytics, which are expected to benefit from the transition to superfast 5G networks [4] - The achievement is likely to enhance VIAVI's stock performance through incremental revenue generation and potential new deals with other carriers [5] Group 4: Stock Performance - VIAVI shares have increased by 15.9% over the past year, while the industry has seen a growth of 75.5% [6] - VIAVI currently holds a Zacks Rank of 3 (Hold), indicating a stable position in the market [8]

Core Viewpoint - Viavi Solutions Inc. reported modest first-quarter fiscal 2025 results, with adjusted earnings meeting expectations but revenues falling short due to sluggish demand and macroeconomic challenges [1] Financial Performance - The company incurred a net loss of $1.8 million or a loss of $0.01 per share, compared to a net income of $9.8 million or $0.04 per share in the same quarter last year, primarily due to revenue contraction [2] - Non-GAAP net income was $12.4 million or $0.06 per share, down from $19.5 million or $0.09 per share year-over-year, aligning with consensus estimates [2] Revenue Breakdown - Total revenues were $238.2 million, down from $247.9 million in the prior year, missing the consensus estimate of $240 million [3] - Network Enablement segment revenues were $141.6 million, a decline of 5.6% from $150 million year-over-year, impacted by weak demand trends [4] - Service Enablement segment revenues decreased by 12.7% to $17.8 million from $20.4 million, reflecting conservative spending by enterprise customers [5] - Optical Security and Performance Products segment revenues increased by 1.7% to $78.8 million from $77.5 million, driven by strong demand for 3D sensing and anti-counterfeiting products [5] Geographic Revenue Contribution - Revenues from the Americas were $88.7 million, down from $100.5 million year-over-year [6] - Revenues from Asia-Pacific remained flat at $85.9 million [6] - Revenues from EMEA increased to $63.6 million from $61.5 million in the prior year [6] Margins and Operating Performance - Non-GAAP gross margin was 59.1%, down from 60.1% year-over-year [7] - Non-GAAP operating margin decreased by 240 basis points to 10%, with the Network and Service Enablement business experiencing a 550 basis point decline [8] Cash Flow and Liquidity - The company generated $13.5 million in cash from operating activities during the quarter and had $467.9 million in cash and cash equivalents as of September 28, 2024, against $637.6 million in long-term debt [10] Outlook - For the second quarter of fiscal 2025, management expects revenues between $255 million and $265 million, with non-GAAP operating margin projected at 11.4% to 13.4% and earnings per share between $0.09 and $0.11 [11]

Viav Solutions (VIAV) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this communications equipment company would post earnings of $0.07 per share when it actually produced earnings of $0.08, delivering a surprise of 14.29%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Viav So ...

CHANDLER, Ariz., Oct. 31, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its first quarter ended September 28, 2024 with the following highlights.First Quarter Net revenue of $238.2 million, down $9.7 million or 3.9% year-over-year GAAP operating margin of 4.8%, down 170 bps year-over-year Non-GAAP operating margin of 10.0%, down 240 bps year-over-year GAAP net loss of $1.8 million, down $11.6 million or 118.4% year-over-year Non-GAAP net income of $12.4 million, down $7.1 million or 3 ...

Core Insights - VIAVI Solutions Inc. has been selected to design, build, and operate a lab aimed at promoting Open RAN adoption and training a skilled workforce in Asia [1][2][3] - The lab will be located in Quezon City, Metro Manila, and is funded by the U.S. Agency for International Development (USAID) through the BEACON Project [2][3] - This initiative is part of a broader collaboration between the U.S. and the Philippines, established during President Marcos' visit to the White House in May 2023 [3][4] Company and Industry Developments - The Open RAN Laboratory will utilize the VIAVI Automated Lab-as-a-Service (VALOR™) model and will incorporate components from various reputable vendors, including Fujitsu and SOLiD [4][6] - The lab aims to enhance the availability, affordability, and accessibility of Open RAN network testing and evaluation through a highly automated hybrid testing environment [3][4] - VIAVI's NITRO Wireless Open RAN Test Suite will be employed for end-to-end validation of integrated products within the lab [4][6] - The initiative is expected to drive digital transformation in the Philippines, improving connectivity for the population [5][6] - VIAVI is recognized as a leader in Open RAN test labs and aims to provide robust testing environments for 5G and future 6G technologies [6]

Core Insights - Viavi Solutions Inc. (VIAV) has announced the deployment of its NITRO AIOps solution by Telefonica HISPAM to enhance its core network across multiple Latin American countries [1][5]. Group 1: NITRO AIOps Solution - The NITRO AIOps Inventory Management solution will streamline the management of network components for Telefonica HISPAM, covering various domains such as Radio, Core, IP, Transmission, Microwave, and Fiber Optics [2]. - This solution will provide automated asset discovery and cataloging, enabling comprehensive tracking of physical and software assets, virtual devices, and network connections [2]. - The integration of advanced AI and machine learning technologies will facilitate end-to-end visibility across resources and services, ensuring consistent network operations through patented VIAVI topology algorithms [2][3]. Group 2: Operational Benefits - By utilizing NITRO AIOps, Telefonica HISPAM can proactively monitor and optimize its network, identifying potential bottlenecks and anomalies to ensure high-quality service delivery [3]. - The AI-driven analytics will enhance capacity planning, resource management, real-time anomaly detection, and predictive maintenance, ultimately improving service quality and reducing operational costs [3]. Group 3: Industry Position and Growth Potential - The deployment aligns with the industry's shift towards digital transformation, leveraging AI, machine learning, and network automation to improve operational models [4]. - VIAVI's comprehensive range of fiber test solutions is expected to reduce complexity in new network architectures, supporting high-speed service delivery to various sectors [5]. - The agreement with Telefonica HISPAM is anticipated to generate incremental revenue for VIAV and strengthen its position as a leading provider of network test, monitoring, and service enablement solutions in the region [5]. Group 4: Stock Performance - VIAV's shares have increased by 23.5% over the past year, although this is lower than the industry's growth of 96% [6].

Vendor-neutral, 'pay-as-you-go' VALOR™ Lab-as-a-Service democratizes and speeds Open RAN interoperability, performance and security testing CHANDLER, Ariz., Oct. 8, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has opened its VIAVI Automated Lab-as-a-Service (VALOR™) Open RAN testing facility in Chandler, Arizona with a ribbon-cutting ceremony attended by senior VIAVI management, customers, partners, government officials and dignitaries. Funded by a grant from the U.S. National Telecommun ...