Core Viewpoint - Viavi Solutions Inc. reported strong third-quarter fiscal 2025 results, with revenues and net income exceeding expectations, driven by growth in the Network Enablement and Service Enablement segments, although macroeconomic challenges pose concerns for future spending [1][2]. Financial Performance - Net income on a GAAP basis was $19.5 million or 9 cents per share, a significant improvement from a net loss of $24.6 million or 11 cents per share in the prior year [2]. - Non-GAAP net income rose to $33.9 million or 15 cents per share, up from $13.2 million or 6 cents per share year-over-year, surpassing the Zacks Consensus Estimate by 3 cents [2]. Revenue Breakdown - Quarterly revenues reached $284.8 million, reflecting a 15.8% year-over-year increase, exceeding the Zacks Consensus Estimate of $282 million [3]. - The Network Enablement segment generated $188 million in net sales, a 23.9% increase from $151.7 million in the previous year, driven by strong demand from service providers and network equipment manufacturers [3]. - Service Enablement segment revenues were $20.2 million, up 11.6% year-over-year, supported by healthy demand trends [4]. - Optical Security and Performance Products revenues slightly increased to $76.6 million from $76.2 million, primarily due to strength in anti-counterfeiting products [4]. - Revenue contributions from different regions included $108.1 million from America, $100.7 million from Asia-Pacific, and $76 million from EMEA, showing respective increases from the previous year [5]. Margins and Operating Performance - Non-GAAP gross margin improved to 60%, up 210 basis points year-over-year, with the NE segment's gross margin at 63.4%, an increase of 190 basis points [6]. - Total non-GAAP operating margin increased by 740 basis points year-over-year to 16.7%, with the NSE business operating margin rising to 10.4% [7]. Cash Flow and Liquidity - The company generated $7.8 million in cash from operating activities during the quarter, a decrease from $19.5 million in the prior year [8]. - As of March 29, 2025, Viavi had $374.2 million in cash and cash equivalents and $396.1 million in long-term debt [8]. Outlook - For the fourth quarter of fiscal 2025, management anticipates revenues between $278 million and $290 million, with non-GAAP earnings per share expected to be between 10 cents and 13 cents [10]. - Projected revenues for the NSE business are between $203 million and $213 million, while the OSP segment is expected to generate revenues between $75 million and $77 million [10].

Viav Solutions (VIAV) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this communications equipment company would post earnings of $0.10 per share when it actually produced earnings of $0.13, delivering a surprise of 30%.Over the last four quar ...

Viavi Solutions (VIAV) Q3 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Vibhuti Nayar - Director of Investor RelationsIlan Daskal - Executive VP & CFOOleg Khaykin - President and CEORuben Roy - Managing Director - Equity ResearchAndrew Spinola - DirectorMichael Genovese - Senior managing director and senior research analyst Conference Call Participants Ryan Koontz - Senior AnalystNone - AnalystTim Savageaux - MD & Senior Research Analyst Operator Good afternoon. My name is Audra, and I wi ...

Viavi Solutions (VIAV) Q3 2025 Earnings Call May 01, 2025 04:30 PM ET Speaker0 Good afternoon. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Viavi Solutions Fiscal Third Quarter twenty twenty five Earnings Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. At this time, I would like to turn the conferenc ...

Note: Amounts presented in all slides are on a continuing operations basis unless otherwise noted. Fiscal Q3 2025 Earnings Call Supplementary Slides May 1, 2025 Cautionary Language Concerning Forward-Looking Statements This presentation contains forward-looking statements under Section 27A of the Securities Act of 1934. Forward-looking statements are all statements we make other than those dealing specifically with historical matters. These forward-looking statements include, among other things, financial g ...

Third Quarter "VIAVI delivered strong results driven by strength in both NSE and OSP. To date, we have been successful in managing through the rapidly changing macro environment and remain optimistic regarding the continued recovery and growth in our end markets," said Oleg Khaykin, VIAVI's President and Chief Executive Officer. Exhibit 99.1 VIAVI Announces Third Quarter Fiscal 2025 Results Chandler, Arizona, May 1, 2025 — VIAVI (NASDAQ: VIAV) today reported results for its third quarter ended March 29, 202 ...

CHANDLER, Ariz., May 1, 2025 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its third quarter ended March 29, 2025 with the following highlights.Third Quarter Net revenue of $284.8 million, up $38.8 million or 15.8% year-over-year GAAP operating margin of 3.0%, up 780 bps year-over-year Non-GAAP operating margin of 16.7%, up 740 bps year-over-year GAAP net income of $19.5 million, up $44.1 million or 179.3% year-over-year Non-GAAP net income of $33.9 million, up $20.7 million or 156.8% year ...

CHANDLER, Ariz., April 17, 2025 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal third quarter 2025 financial results for the period ended March 29, 2025, on Thursday, May 1, 2025, after the close of market.The Company will host an earnings call at 1:30 p.m. PT / 4:30 p.m. ET. A live webcast of the call and the replay will be available on the VIAVI website at https://investor.viavisolutions.com. The quarterly earnings press release, supplementary slides and historical fin ...

Core Insights - VIAVI Solutions Inc. has expanded its VALOR Lab with a new RF-shielded anechoic chamber and two additional customer labs to enhance its Automated Lab-as-a-Service for Open RAN testing [1][4] - The expansion is funded by the U.S. National Telecommunications and Information Administration (NTIA) Public Wireless Supply Chain Innovation Fund [1] Group 1: Facility Expansion - The new RF chamber is the industry's first test-as-a-service offering for Massive MIMO and beamforming over-the-air (OTA) validation, supporting system-level performance testing for up to 16 parallel spatial layers [2] - The VALOR Lab now offers over 500 test cases compliant with O-RAN WG4, WG5, WG11, TIFG, and 3GPP specifications [3] Group 2: Industry Impact - The expansion addresses the growing demand for Open RAN testing, providing technology vendors with a comprehensive, on-demand test suite throughout the product lifecycle [4] - VALOR serves as a hub for the AI-RAN Alliance, fostering innovation in AI-powered telecommunications [6] Group 3: Collaboration and Certification - VALOR's full suite of O-RAN tests will be available to customers referred by ACCoRD, in collaboration with AT&T and Verizon [6] - It is the first test service authorized by the Telecom Infra Project (TIP) for its system performance certification program [7]

Core Viewpoint - Viavi Solutions Inc. has introduced significant advancements in its ONE LabPro ONE-1600 testing solution, enhancing its capabilities for high-bandwidth network applications, particularly in AI environments [1][7]. Group 1: Product Advancements - The upgraded ONE LabPro platform utilizes Broadcom's latest technology, achieving a data transmission rate of 212G per lane, making it suitable for high-bandwidth network switching devices [1]. - The platform supports configurations up to 102Tb/s of test bandwidth, with options for 64 x 1.6Tb/s or 128 x 800Gb/s test ports, managed by a single controller [3]. - It features a modern web-based user interface and a Python-based automation framework, streamlining the testing process for integrated circuits and network devices [4]. Group 2: Market Demand and Applications - The demand for bandwidth and network scalability is driven by emerging applications such as AI, machine learning, and quantum computing [2]. - Viavi's ONE LabPro platform is designed to facilitate faster adoption of 1.6Tb/s optical connectivity for manufacturers of integrated circuits and transceivers [2]. Group 3: Strategic Collaborations and Future Prospects - Viavi has partnered with Broadcom to enhance its Testbed as a Service (TBaaS) offering, utilizing digital twins for telecom network applications [6]. - The advancements in testing technology are expected to generate incremental demand for Viavi's solutions, potentially leading to higher revenues and improved financial performance [7]. Group 4: Financial Performance - Viavi's stock has increased by 24.2% over the past year, compared to the industry's growth of 30.8% [8].