Core Insights - Viavi Solutions Inc. reported strong fourth-quarter fiscal 2025 results, with revenues and net income exceeding expectations, driven by growth in the Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP) segments [1][4][10] - The company faces challenges due to a constrained spending environment influenced by macroeconomic factors [1] Financial Performance - GAAP net income for the quarter was $8 million or 4 cents per share, a significant improvement from a net loss of $21.7 million or 10 cents per share in the same quarter last year [2] - Non-GAAP net income rose to $29.7 million or 13 cents per share, up from $17.1 million or 8 cents per share year-over-year, surpassing the Zacks Consensus Estimate by a penny [2] - For fiscal 2025, GAAP net income was $34.8 million or 15 cents per share compared to a net loss of $25.8 million or 12 cents per share in fiscal 2024 [3] - Non-GAAP net income for fiscal 2025 was $105.4 million or 47 cents per share, an increase from $73.5 million or 33 cents per share in fiscal 2024 [3] Revenue Breakdown - Quarterly revenues reached $290.5 million, reflecting a 15.3% year-over-year increase, driven by strong demand in the NSE and OSP segments [4][10] - NSE segment revenues were $209.1 million, up from $182.2 million, marking a 14.8% growth due to demand for fiber lab and production products [5] - OSP revenues increased to $81.4 million from $69.8 million, primarily due to strength in anti-counterfeiting products [5] - Revenue contributions from different regions included $112.3 million from America, $99.4 million from Asia-Pacific, and $78.8 million from EMEA [6] Margins and Operating Performance - Non-GAAP gross margin for the quarter was 60.1%, up 50 basis points from the prior year [7] - Non-GAAP operating margin improved by 350 basis points year-over-year to 14.4%, with NSE operating margin at 4.7% and OSP operating margin at 39.4% [8][10] Cash Flow and Liquidity - Viavi generated $89.8 million in cash from operating activities, with a free cash flow of $62 million [11] - As of June 30, 2025, the company had $423.6 million in cash and cash equivalents, with long-term debt of $396.1 million [11] Outlook - For the first quarter of fiscal 2026, management expects revenues between $290 million and $298 million, with non-GAAP earnings per share projected between 13 cents and 14 cents [12]

Company Performance - Viav Solutions reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and up from $0.08 per share a year ago, representing an earnings surprise of +8.33% [1] - The company posted revenues of $290.5 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.93% and increasing from $252 million year-over-year [2] - Over the last four quarters, Viav Solutions has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Market Context - Viav Solutions shares have declined approximately 0.6% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $279.11 million, and for the current fiscal year, it is $0.55 on revenues of $1.17 billion [7] Industry Outlook - The Communication - Components industry, to which Viav Solutions belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Viav Solutions' stock performance [5]

Financial Data and Key Metrics Changes - Net revenue for Q4 2025 was $290.5 million, up 2% sequentially and 15.3% year over year, at the high end of guidance [6][11] - Operating margin for Q4 was 14.4%, a decrease of 230 basis points from the prior quarter but an increase of 350 basis points year over year [6][7] - EPS for Q4 was $0.13, down $0.02 sequentially but up $0.05 year over year [7][11] - Full year revenue for 2025 was $1.084 billion, up 8.4% year over year [11] Business Segment Data and Key Metrics Changes - Network and Service Enablement (NSE) revenue for Q4 was $209.1 million, up 14.8% year over year, driven by strong demand in fiber lab and production products [8][11] - NSE gross margin for Q4 was 62.2%, up 10 basis points year over year, while operating margin was 4.7%, an increase of 290 basis points year over year [8][9] - OSP revenue for Q4 was $81.4 million, up 16.6% year over year, primarily due to strength in anti-counterfeiting products [9][10] - OSP gross margin was 54.7%, up 170 basis points year over year, and operating margin was 39.4%, an increase of 460 basis points year over year [10] Market Data and Key Metrics Changes - The revenue growth was mainly driven by strong demand from the data center ecosystem and aerospace and defense sectors [11][21] - The company noted a decline in spending for wireless and cable products by NEMS and service providers, but growth was observed in aerospace and defense products [11][21] Company Strategy and Development Direction - The company is focusing on diversifying its revenue streams, with approximately 30% of revenue now coming from the data center ecosystem, a significant increase from previous years [50] - The acquisition of Inertia Labs is expected to contribute to growth in aerospace and defense, with the company prioritizing capital allocation towards M&A [13][21] - The company anticipates continued strong demand from the data center ecosystem and aerospace and defense customers, which is expected to mitigate traditional revenue seasonality [19][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in mitigating tariff impacts, estimating a total impact of around $1.5 million, which has been largely addressed through pricing adjustments and supply chain realignment [26] - The company expects NSE revenue to be slightly up quarter on quarter, driven by strong demand from the data center ecosystem and aerospace and defense sectors [19][21] - Management indicated that the wireless business remains mixed, with healthy demand for wireless field instruments but sluggish recovery in infrastructure testing [19][41] Other Important Information - The company successfully priced and allocated a $600 million Term Loan B to fund acquisitions and general corporate purposes [16] - The company has approximately $200 million remaining under its current authorized share repurchase program [13] Q&A Session Summary Question: Impact of tariffs on revenue - Management indicated that the tariff impact is primarily on North American sales, with a total impact of around $1.5 million, which has been mitigated [26] Question: Competitive dynamics in the data center market - Management noted strong demand for their 1.6 terabit test solutions, with significant engagement from leading semiconductor vendors and optical module developers [30][34] Question: End markets performance in NSE - Management highlighted that fiber demand is driving growth, particularly from data center operators and specialty fiber companies [40] Question: Guidance for Q1 and seasonality - Management expects Q1 to be slightly up compared to Q4, driven by strong demand from the data center ecosystem, despite traditional seasonality [44][62] Question: Size of the data center business - Management indicated that approximately 30% of NSE revenue comes from the data center ecosystem, with expectations for continued growth in this segment [50] Question: Margin expectations for NSE - Management aims to move NSE operating margins into the mid to high teens as the business recovers, with long-term goals of reaching the twenties [58]

Fiscal Year 2025 Performance - The company's revenue reached $1,084.3 million, marking a 42.4% year-over-year increase[7] - Non-GAAP operating income was $153.9 million, a 33.8% year-over-year increase[7] - The non-GAAP operating margin was 14.2%, up 270 basis points year-over-year[7] - Non-GAAP EPS was $0.47[7] Fiscal Q4 2025 Performance - Revenue was $290.5 million, a 15.3% year-over-year increase[12, 21, 26] - Non-GAAP operating income was $41.9 million, a 52.4% year-over-year increase[12, 26] - The non-GAAP operating margin was 14.4%, up 350 basis points year-over-year[12, 21, 26] - Non-GAAP EPS was $0.13, a 62.5% year-over-year increase[12, 21, 26] Segment Performance in Fiscal Q4 2025 - Network and Service Enablement (NSE) revenue was $209.1 million, a 14.8% year-over-year increase[15, 21, 22, 32] - Optical Security and Performance Products (OSP) revenue was $81.4 million, a 16.6% year-over-year increase[17, 21, 22, 32]

[Financial Performance Summary](index=1&type=section&id=Financial%20Performance%20Summary) [Q4 FY2025 Performance Highlights](index=1&type=section&id=Q4%20FY2025%20Performance%20Highlights) In the fourth quarter of fiscal year 2025, VIAVI demonstrated strong year-over-year growth, with net revenue increasing by 15.3% to $290.5 million. Profitability saw significant improvement, as GAAP net income turned positive to $8.0 million from a loss in the prior year, and non-GAAP net income grew by 73.7% to $29.7 million. Non-GAAP diluted EPS rose 62.5% to $0.13 Q4 FY2025 Key Financial Metrics (YoY) | Metric | Q4 FY2025 | Change (YoY) | | :--- | :--- | :--- | | Net Revenue | $290.5M | ▲ 15.3% | | GAAP Operating Margin | 5.3% | ▲ 760 bps | | Non-GAAP Operating Margin | 14.4% | ▲ 350 bps | | GAAP Net Income | $8.0M | ▲ 136.9% | | Non-GAAP Net Income | $29.7M | ▲ 73.7% | | GAAP Diluted EPS | $0.04 | ▲ 140.0% | | Non-GAAP Diluted EPS | $0.13 | ▲ 62.5% | [Full Year FY2025 Performance Highlights](index=1&type=section&id=Full%20Year%20FY2025%20Performance%20Highlights) For the full fiscal year 2025, VIAVI reported an 8.4% increase in net revenue to $1.08 billion. The company achieved a significant turnaround in profitability, with GAAP net income reaching $34.8 million compared to a loss in the previous year. Non-GAAP net income grew substantially by 43.4% to $105.4 million, resulting in a non-GAAP diluted EPS of $0.47, a 42.4% increase year-over-year Full Year FY2025 Key Financial Metrics (YoY) | Metric | FY 2025 | Change (YoY) | | :--- | :--- | :--- | | Net Revenue | $1.08B | ▲ 8.4% | | GAAP Operating Margin | 5.3% | ▲ 320 bps | | Non-GAAP Operating Margin | 14.2% | ▲ 270 bps | | GAAP Net Income | $34.8M | ▲ 234.9% | | Non-GAAP Net Income | $105.4M | ▲ 43.4% | | GAAP Diluted EPS | $0.15 | ▲ 225.0% | | Non-GAAP Diluted EPS | $0.47 | ▲ 42.4% | [Management Commentary](index=1&type=section&id=Management%20Commentary) CEO Oleg Khaykin highlighted a strong finish to fiscal 2025, with Q4 performance at the high end of guidance. He noted stabilization in the base businesses of service provider test & measurement and optical security pigments. Growth was accelerated by the data center ecosystem and aerospace & defense segments, with positive momentum expected to continue through calendar year 2025 - Stabilization observed in core businesses: service provider test and measurement, and optical security pigments[4](index=4&type=chunk) - Growth was accelerated by high-growth segments: data center ecosystem and aerospace & defense[4](index=4&type=chunk) - Management expects positive momentum in end markets to continue through calendar year 2025[4](index=4&type=chunk) [Detailed Financial Results](index=2&type=section&id=Detailed%20Financial%20Results) [Q4 FY2025 Financial Performance](index=2&type=section&id=Q4%20FY2025%20Financial%20Performance) In Q4 FY2025, total net revenue grew 15.3% YoY and 2.0% sequentially to $290.5 million. Both segments contributed to the YoY growth, with Network and Service Enablement up 14.8% and Optical Security and Performance Products up 16.6%. GAAP operating margin improved significantly to 5.3% from -2.3% a year ago, while non-GAAP operating margin expanded by 350 basis points to 14.4% Q4 FY2025 GAAP Results vs. Prior Periods | Metric | Q4 FY2025 | Q3 FY2025 | Q4 FY2024 | Change Q/Q | Change Y/Y | | :--- | :--- | :--- | :--- | :--- | :--- | | Net Revenue | $290.5M | $284.8M | $252.0M | ▲ 2.0% | ▲ 15.3% | | Gross Margin | 56.3% | 56.4% | 57.8% | ▼ (10) bps | ▼ (150) bps | | Operating Margin | 5.3% | 3.0% | (2.3)% | ▲ 230 bps | ▲ 760 bps | Q4 FY2025 Non-GAAP Results vs. Prior Periods | Metric | Q4 FY2025 | Q3 FY2025 | Q4 FY2024 | Change Q/Q | Change Y/Y | | :--- | :--- | :--- | :--- | :--- | :--- | | Gross Margin | 60.1% | 60.0% | 59.6% | ▲ 10 bps | ▲ 50 bps | | Operating Margin | 14.4% | 16.7% | 10.9% | ▼ (230) bps | ▲ 350 bps | | EPS | $0.13 | $0.15 | $0.08 | ▼ (13.3)% | ▲ 62.5% | [Full Year FY2025 Financial Performance](index=2&type=section&id=Full%20Year%20FY2025%20Financial%20Performance) For the full fiscal year 2025, net revenue increased by 8.4% to $1.084 billion, driven primarily by a 10.6% growth in the Network and Service Enablement segment. GAAP operating margin expanded by 320 basis points to 5.3%, and non-GAAP operating margin grew by 270 basis points to 14.2%. Geographically, revenues were led by the Americas at 39.2% of the total Full Year FY2025 GAAP & Non-GAAP Results (YoY) | Metric | FY 2025 | FY 2024 | Change Y/Y | | :--- | :--- | :--- | :--- | | **GAAP Results** | | | | | Net Revenue | $1,084.3M | $1,000.4M | ▲ 8.4% | | Operating Margin | 5.3% | 2.1% | ▲ 320 bps | | Net Income (Loss) per Share | $0.15 | ($0.12) | ▲ 225.0% | | **Non-GAAP Results** | | | | | Operating Margin | 14.2% | 11.5% | ▲ 270 bps | | EPS | $0.47 | $0.33 | ▲ 42.4% | - Revenue breakdown by region for FY2025: Americas (**39.2%**), Asia-Pacific (**35.0%**), and EMEA (**25.8%**)[8](index=8&type=chunk) [Segment Performance](index=2&type=section&id=Segment%20Performance) For FY2025, the Network and Service Enablement (NSE) segment's revenue grew 10.6% YoY to $776.6 million, with a GAAP operating margin of 5.4%. The Optical Security and Performance Products (OSP) segment's revenue grew 3.1% to $307.7 million, but it delivered a much higher GAAP operating margin of 36.5%, making it the more profitable segment Full Year FY2025 vs FY2024 Segment Performance (GAAP) | Segment | Metric | FY 2025 | FY 2024 | Change Y/Y | | :--- | :--- | :--- | :--- | :--- | | **Network and Service Enablement** | Net Revenue | $776.6M | $702.0M | ▲ 10.6% | | | Operating Margin | 5.4% | 1.1% | ▲ 430 bps | | **Optical Security and Performance** | Net Revenue | $307.7M | $298.4M | ▲ 3.1% | | | Operating Margin | 36.5% | 35.9% | ▲ 60 bps | Q4 FY2025 Segment Revenue Performance | Segment | Q4 FY2025 Revenue | Change Q/Q | Change Y/Y | | :--- | :--- | :--- | :--- | | Network and Service Enablement | $209.1M | ▲ 0.4% | ▲ 14.8% | | Optical Security and Performance | $81.4M | ▲ 6.3% | ▲ 16.6% | [Balance Sheet and Cash Flow](index=2&type=section&id=Balance%20Sheet%20and%20Cash%20Flow) As of June 28, 2025, VIAVI held $429.0 million in total cash, short-term investments, and restricted cash. Total assets increased to $1.99 billion from $1.74 billion in the prior year, primarily due to increases in Goodwill and Intangibles. The company generated $89.8 million in cash flow from operations for the full fiscal year and held a total net carrying value of debt of $642.5 million - The company held **$429.0 million** in total cash, short-term investments, and short-term restricted cash as of June 28, 2025[9](index=9&type=chunk) - Generated **$23.8 million** in cash from operations in Q4 and **$89.8 million** for the full fiscal year 2025[15](index=15&type=chunk) Key Balance Sheet Items (June 28, 2025 vs June 29, 2024) | Item | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Total Current Assets | $885.2M | $876.5M | | Total Assets | $1,993.8M | $1,736.3M | | Total Liabilities | $1,213.6M | $1,054.7M | | Total Stockholders' Equity | $780.2M | $681.6M | - Total debt had a net carrying value of **$642.5 million**, consisting of **$250 million** in 1.625% Senior Convertible Notes and **$400 million** in 3.75% Senior Notes[15](index=15&type=chunk) [Business Outlook](index=3&type=section&id=Business%20Outlook) [Q1 FY2026 Guidance](index=3&type=section&id=Q1%20FY2026%20Guidance) For the first quarter of fiscal 2026, ending September 27, 2025, VIAVI anticipates net revenue to be in the range of $290 million to $298 million. The company projects non-GAAP earnings per share to be between $0.13 and $0.14. A reconciliation to GAAP EPS was not provided due to the difficulty in forecasting certain reconciling items Q1 FY2026 Outlook | Metric | Guidance Range | | :--- | :--- | | Net Revenue | $290M - $298M | | Non-GAAP EPS | $0.13 - $0.14 | - The company has not reconciled its forward-looking non-GAAP EPS to GAAP EPS because it is unable to provide an accurate estimate of certain reconciling items without unreasonable effort[11](index=11&type=chunk) [Appendix: Financial Statements and Reconciliations](index=5&type=section&id=Appendix%3A%20Financial%20Statements%20and%20Reconciliations) [Consolidated Statements of Operations (GAAP)](index=5&type=section&id=Consolidated_Statements_of_Operations) The Consolidated Statements of Operations show a significant improvement in profitability for FY2025. Net revenue grew to $1.084 billion from $1.000 billion in the prior year. Income from operations increased to $57.5 million from $20.8 million, and the company reported a net income of $34.8 million, a reversal from a net loss of $25.8 million in FY2024 FY2025 vs FY2024 Statement of Operations Highlights (GAAP) | Metric (in millions) | Year Ended June 28, 2025 | Year Ended June 29, 2024 | | :--- | :--- | :--- | | Net Revenue | $1,084.3 | $1,000.4 | | Gross Profit | $621.1 | $575.9 | | Income from Operations | $57.5 | $20.8 | | Net Income (Loss) | $34.8 | $(25.8) | | Diluted EPS | $0.15 | $(0.12) | [Consolidated Balance Sheets (GAAP)](index=6&type=section&id=Consolidated_Balance_Sheets) The company's balance sheet as of June 28, 2025, shows total assets of $1.99 billion, an increase from $1.74 billion a year prior. This growth was driven by increases in Goodwill and Intangibles. Total liabilities also increased to $1.21 billion from $1.05 billion, while total stockholders' equity rose to $780.2 million Key Balance Sheet Data (in millions) | Account | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $423.6 | $471.3 | | Total Assets | $1,993.8 | $1,736.3 | | Total Liabilities | $1,213.6 | $1,054.7 | | Total Stockholders' Equity | $780.2 | $681.6 | [Reconciliation of GAAP to Non-GAAP Measures](index=8&type=section&id=Reconciliation_of_GAAP_to_Non-GAAP_Measures) VIAVI provides non-GAAP metrics to offer a clearer view of its core operational performance by excluding items like stock-based compensation, amortization of intangibles, and restructuring charges. For FY2025, the largest adjustments to reconcile GAAP Net Income of $34.8 million to Non-GAAP Net Income of $105.4 million were stock-based compensation ($53.1 million), amortization of intangibles ($24.3 million), and acquisition-related charges ($22.3 million) - Management uses non-GAAP measures to evaluate core operating performance, excluding items like purchase price accounting adjustments, stock-based compensation, and restructuring charges[28](index=28&type=chunk) Key Reconciling Items from GAAP to Non-GAAP Net Income (FY2025, in millions) | Item | Adjustment Amount | | :--- | :--- | | **GAAP Net Income** | **$34.8** | | Stock-based compensation | $53.1 | | Amortization of intangibles | $24.3 | | Acquisition and integration related charges | $22.3 | | Provision for income taxes (Benefit) | $(30.5) | | **Non-GAAP Net Income** | **$105.4** | [Reconciliation to Adjusted EBITDA](index=11&type=section&id=Reconciliation_to_Adjusted_EBITDA) For the full fiscal year 2025, Adjusted EBITDA was $191.9 million, a significant increase from $153.0 million in the prior year. The reconciliation from GAAP Net Income of $34.8 million includes adding back taxes, interest, depreciation, amortization, and other non-core items such as $53.1 million in stock-based compensation Reconciliation of GAAP Net Income to Adjusted EBITDA (in millions) | Metric | Q4 FY2025 | FY 2025 | | :--- | :--- | :--- | | GAAP Net Income (Loss) | $8.0 | $34.8 | | Interest, Taxes, D&A, etc. | $17.6 | $81.6 | | EBITDA | $33.2 | $120.2 | | Stock-based compensation | $12.6 | $53.1 | | Other Adjustments | $5.5 | $18.6 | | **Adjusted EBITDA** | **$51.3** | **$191.9** |

Core Insights - VIAVI Solutions reported strong financial performance for the fiscal fourth quarter and fiscal year ended June 28, 2025, with net revenue reaching $290.5 million, a 15.3% increase year-over-year [4][6] - The company experienced stabilization in its core businesses and significant growth in the data center ecosystem and aerospace & defense segments, with expectations for continued positive momentum through calendar year 2025 [4][9] Fiscal Fourth Quarter - Net revenue for Q4 was $290.5 million, up from $252.0 million in Q4 FY 2024, representing a 15.3% increase [6][8] - GAAP operating margin improved to 5.3%, an increase of 760 basis points year-over-year, while non-GAAP operating margin was 14.4%, up 350 basis points [6][8] - GAAP net income was $8.0 million, a significant increase of 136.9% year-over-year, with diluted EPS of $0.04, up 140.0% [6][8] Fiscal Year 2025 - Total net revenue for FY 2025 was $1.08 billion, an increase of 8.4% from $1.00 billion in FY 2024 [8][6] - GAAP net income for the year was $34.8 million, up 234.9% year-over-year, with diluted EPS of $0.15, a 225.0% increase [6][8] - The company reported a non-GAAP operating margin of 14.2%, up 270 basis points year-over-year [8][6] Revenue by Segment - For FY 2025, the Network and Service Enablement segment generated $776.6 million, a 10.6% increase from FY 2024, while Optical Security and Performance Products generated $307.7 million, a 3.1% increase [8][7] - In Q4, the Network and Service Enablement segment contributed $209.1 million, and Optical Security and Performance Products contributed $81.4 million, reflecting year-over-year growth of 14.8% and 16.6%, respectively [7][6] Business Outlook - For Q1 FY 2026, the company expects net revenue to be between $290 million to $298 million and non-GAAP EPS to be between $0.13 to $0.14 [9]

Industry Overview - The Zacks Communication - Components industry is facing challenges due to raw material price volatility, high capital expenditure for infrastructure upgrades, and geopolitical conflicts, which have negatively impacted profitability [1][4][5] - The industry primarily includes companies providing telecom products and services for scalable network architecture, video solutions, and broadband access equipment [3] Current Challenges - High operating costs are driven by a shortage of chips, increased raw material prices, and technological obsolescence, which have escalated operational expenses [7] - Demand erosion is occurring as customers shift to lower-priced alternatives due to increased fees for network upgrades, compounded by trade tensions affecting business credibility [5][6] Future Prospects - Despite current challenges, companies like Corning, Viavi Solutions, and Ooma are expected to benefit from rising demand for scalable infrastructure driven by IoT, fiber densification, and 5G rollout [2][16][20] - The industry is adapting to a software-driven, data-centric approach, enhancing cloud architecture and user experience, positioning itself for growth in cloud networking [6] Performance Metrics - The Zacks Communication - Components industry has outperformed the S&P 500 and the broader Zacks Computer and Technology sector, with a 66.1% increase over the past year compared to 20% and 28.9% for the S&P 500 and sector, respectively [11] - The industry currently trades at a trailing 12-month price-to-book (P/B) ratio of 4.13X, lower than the S&P 500's 7.37X and the sector's 10.68X [14] Company Highlights - **Corning**: Experienced a 69.1% stock surge over the past year, with a long-term earnings growth expectation of 18.2% and a focus on innovative optical connectivity products [16][17] - **Viavi Solutions**: Gained 35% in the past year, with a 27.8% upward revision in current earnings estimates, benefiting from the transition to 5G networks [20][21] - **Ooma**: Achieved a 31.5% stock increase, focusing on small business customers and delivering an earnings surprise of 18% on average in the trailing four quarters [25][26]

Group 1 - Viavi Solutions Inc. will announce its fiscal fourth quarter and fiscal 2025 financial results on August 7, 2025, after market close [1] - The earnings call will take place at 1:30 p.m. PT / 4:30 p.m. ET, with a live webcast available on the VIAVI website [2] - A replay of the earnings call will be accessible from August 7, 2025, 4:30 p.m. PT to August 14, 2025, 8:59 p.m. PT [3] Group 2 - VIAVI Solutions is a global provider of network test, monitoring, and assurance solutions across various sectors including telecommunications, cloud, and military [4] - The company is also a leader in light management technologies for applications in 3D sensing, anti-counterfeiting, and consumer electronics [4]

Core Insights - VIAVI Solutions Inc. has introduced colocation capabilities to its VALOR Automated Lab-as-a-Service for Open RAN, responding to the growing demand for comprehensive testing from Open RAN customers [1][4] - The colocation model offers customers more flexibility and capacity, allowing for longer access periods and comprehensive testing throughout the product lifecycle [2][3] Company Developments - The VALOR facility is based in Chandler, Arizona, and is funded by the U.S. National Telecommunications and Information Administration (NTIA) Public Wireless Supply Chain Innovation Fund (PWSCIF) [1][4] - The colocation framework enhances the NTIA PWSCIF model, aiming to accelerate the development of open, secure wireless ecosystems by leveraging federal spending to attract private investment [4] Service Offerings - VALOR provides a highly automated Lab-as-a-Service suite for Open RAN interoperability, performance, and security, including a state-of-the-art RF chamber for Massive MIMO and beamforming over-the-air validation [4] - The lab utilizes VIAVI's NITRO Wireless Open RAN Test Suite and VAMOS unified framework, enabling vendors to test products without significant upfront investment, thus reducing risks and accelerating time to market [5]

Core Insights - VIAVI Solutions Inc. has been selected by Netomnia to provide its ONMSi Remote Fiber Test System to enhance network installation and maintenance as Netomnia expands in the UK [1][4][5] Company Overview - VIAVI Solutions is a global provider of network test, monitoring, and assurance solutions across various sectors including telecommunications and aerospace [6] - Netomnia is the UK's second-largest alternative network operator, with a serviceable reach of 2.5 million premises and a goal to expand to five million by the end of 2027, supported by over £1.5 billion in funding [3][7] Business Growth and Strategy - Netomnia aims to connect 3 million premises by the end of 2025 and five million by 2027, with an annual build rate of one million premises [3] - The ONMSi system will facilitate end-to-end certification testing and ongoing network health monitoring, which are critical for achieving Netomnia's ambitious rollout plans [4][5] Partnership Significance - The collaboration between VIAVI and Netomnia is positioned as a strategic partnership that will leverage VIAVI's technology to support Netomnia's growth and network quality objectives [5]