Viavi's Q1 Earnings Match Estimates, Revenues Decline Y/Y

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 ...