Viavi Solutions Inc. (VIAV) reported modest first-quarter fiscal 2025 results, wherein adjusted earnings matched the Zacks Consensus Estimate but revenues missed the same. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Sluggish demand trends in all verticals, a constrained spending environment owing to macroeconomic challenges and inventory adjustments led to lower revenues year over year. Net Income On a GAAP basis, Viavi incurred a net loss of $1.8 million or a loss of a penny p ...

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 ...

Exhibit 99.1 VIAVI Announces First Quarter Fiscal 2025 Results Chandler, Arizona, October 31, 2024 — 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-ye ...

Lab Will Leverage VIAVI Automated Lab-as-a-Service (VALOR™) and is Funded by the U.S. Agency For International Development (USAID) CHANDLER, Ariz., Oct. 29, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the company has been selected to design, build and operate a comprehensive lab to further the adoption of Open RAN, lower barriers to entry for new players, and train a highly skilled workforce that can fuel the Open RAN industry in Asia. The lab, which will be located ...

Viavi Solutions Inc. (VIAV) recently announced that its NITRO AIOps solution has been tapped by Telefonica Hispanoamerica (“HISPAM”), a unit of Telefonica, S.A. (TEF) . The deployment by this Latin American telecommunication unit primarily aims to strengthen its core network across Argentina, Chile, Colombia, Ecuador, Peru, Mexico, Uruguay and Venezuela to cater to evolving customer demands.Major Takeaways for VIAV’s Testing SystemThe NITRO AIOps Inventory Management solution will help streamline the manage ...

CHANDLER, Ariz., Oct. 17, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal first quarter 2025 financial results for the period ended September 28, 2024, on Thursday, October 31, 2024, after the close of market. The Company will host an earnings call at 1:30 p.m. PDT / 4:30 p.m. EDT. 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 his ...

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 ...

Per a Reuters report, Viavi Solutions Inc. (VIAV) is mulling to revive its counterbid for acquiring Spirent Communications plc (SPMYY) if Keysight Technologies, Inc. (KEYS) fails to get the requisite regulator approval for the buyout. The proceedings are reportedly at a nascent stage, and company spokespersons of all the related firms have declined to comment on the turn of events. VIAV-SPMYY Deal: A Flashback In March 2024, Viavi inked an agreement to acquire Spirent for approximately $1.3 billion, with Sp ...

Viavi Solutions Inc. (VIAV) recently launched a new optical connector inspection solution designed specifically for its next-generation transceivers. Dubbed FVAM-2000, this latest addition to its benchtop microscopy line, along with other optical and Ethernet testing solutions, will be showcased at Europe's largest exhibition in the optical communication technology sector, ECOC 2024, in Germany later this month. The FVAM-2000 will likely cater to the growing demand for advanced inspection test methods for p ...