Core Viewpoint - Viavi Solutions Inc. will announce its fiscal first quarter 2026 financial results on October 29, 2025, after market close [1]. Financial Results Announcement - The earnings call is scheduled for 1:30 p.m. PT / 4:30 p.m. ET, with a live webcast available on the VIAVI website [2]. - The quarterly earnings press release, supplementary slides, and historical financial tables will be posted under the "Quarterly Results" section [2]. - Participation via telephone is available with a toll-free dial-in number of 1 (800) 715-9871 and a toll dial-in number of 1 (646) 307-1963, using conference ID 3072689 [2]. - A replay of the call will be available from October 29, 2025, 4:30 p.m. PT to November 5, 2025, 8:59 p.m. PT [2]. Company Overview - Viavi Solutions is a global provider of network test, monitoring, and assurance solutions for various sectors including telecommunications, cloud, enterprises, military, and aerospace [1][2]. - The company is also a leader in light management technologies for applications in 3D sensing, anti-counterfeiting, consumer electronics, and automotive industries [2].

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]