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]

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 ...

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 ...

Core Viewpoint - Viavi Solutions Inc. is considering reviving its counterbid for Spirent Communications if Keysight Technologies fails to secure regulatory approval for its acquisition [1][6]. Group 1: Acquisition Details - In March 2024, Viavi agreed to acquire Spirent for approximately $1.3 billion, offering Spirent shareholders 172.5 pence per share plus a special dividend of 2.5 pence [2]. - The merger aimed to create a powerful entity in communications testing and assurance, leveraging Viavi's expertise and Spirent's automated solutions [2][3]. - The combined company was expected to achieve cost synergies of up to $75 million annually within two years post-acquisition [3]. Group 2: Competitive Landscape - Keysight Technologies made a counteroffer of 201.5 pence per share, valuing Spirent at around $1.5 billion, which led to Spirent's board retracting its support for Viavi's bid [4]. - Keysight's bid aligns with its long-term strategy focused on software-centric solutions, aiming to provide comprehensive lifecycle solutions for customers [5]. Group 3: Market Position and Future Prospects - Spirent shares are trading at over a 15% discount to Keysight's offer, raising concerns about Keysight's regulatory approval, which may allow Viavi to submit a second bid [6]. - The transition to 5G is expected to create new opportunities across industries, enhancing scalability and security in telecommunications, which could benefit Viavi's market position [7][8]. - Viavi's solutions are well-positioned to adapt to rapid industry changes, potentially driving long-term growth through increased revenues and operational synergies [8].

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 ...

Showcase also includes: 1.6Tb/s High-Speed Ethernet testing in the lab Industry's first fully automated probe microscope in the field Fiber Sensing for critical infrastructure CHANDLER, Ariz., Sept. 17, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the introduction of a new optical connector inspection solution for next-generation transceivers. The FVAM-2000 is the latest addition to the company's benchtop microscopy line and, along with other new optical and Ethernet test ...

VIAVI Solutions Inc. (VIAV) recently introduced a cutting-edge automation platform named VIAVI Automation Management and Orchestration System (VAMOS) to enable wireless and cloud service providers and network equipment manufacturers to reduce operational costs across their ecosystems. VIAV'S New Platform to Boost Test Accuracy Built as part of Viavi's industry-leading NITRO Wireless portfolio, VAMOS features customizable workspaces and configurations that simplify the testing process across organizations an ...

CHANDLER, Ariz., Sept. 12, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today introduced the VIAVI Automation Management and Orchestration System (VAMOS), an intelligent automation platform that incorporates AI/ML capabilities to enable wireless and cloud service providers, network equipment manufacturers and their ecosystems to reduce operational expenses and accelerate time-to-market. Sonus PR Sonus PR Voila Communications Martin Smith Chevaan Seresinhe Manish Sharma [email protected] ...