Viavi Solutions

Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance. The Network Enablement segment offers an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in Chandler, AZ.

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Viavi Solutions reports challenging Q3 earnings, anticipates recovery in Q4

Viavi Solutions faced a challenging quarter with declining revenue and EPS. However, the company implemented strategic measures and expects a better performance in fiscal Q4 2023. Challenges in the NSE segment were acknowledged, but recovery is anticipated in the near future.

Viavi Solutions beats revenue expectations, acquires Jackson Labs for growth

Viavi Solutions delivered strong revenue performance in Q2 2023, exceeding guidance despite challenges.
Operational efficiency and the acquisition of Jackson Labs highlight strategic positioning for future growth.
Challenges in NSE revenue and workforce restructuring require focused management attention.
Viavi's strong cash position and share repurchases reflect confidence in long-term prospects.

Viavi Solutions reports Q3 revenue decline, eyes NSE recovery

Viavi Solutions faced revenue decline and EPS reduction in Q3 2023, prompting a growth restructuring plan.
Challenges included macroeconomic headwinds impacting NSE segment and lab product weakness.
However, opportunities lie in the recovery of NSE business, positive outlook for avionics, and cable market growth.
Stabilization and potential recovery are seen in field instruments, indicating a mixed performance.

Viavi Solutions surpasses Q4 expectations, eyes growth amid challenges

Viavi Solutions delivered strong financial performance in Q4, exceeding revenue and EPS expectations, while showcasing operational improvements and cost-saving initiatives.
Despite challenges in OpEx expenses and uncertain recovery timelines, Viavi's strategic strengths lie in its stable balance sheet, strong business segments, and growth opportunities through M&A and market expansion.
The company's focus on efficiency, customer engagement, and innovation positions it well to navigate industry challenges and capitalize on emerging trends for sustained growth and profitability.

Viavi Solutions reports Q1 earnings below guidance, focuses on growth

Viavi Solutions reported Q1 2024 earnings slightly below guidance, with a 20.1% YoY revenue decline, but demonstrated strong cash flow and profit margins.
The company faces challenges in managing OSP revenue and operational efficiency but maintains a focus on addressing these issues.
Opportunities lie in potential revenue growth, product innovation, and strategic investments supported by a healthy cash balance and operational improvements.
Overall, Viavi Solutions shows resilience amidst challenges and aims for gradual recovery and sustainable growth in key product areas.

Viavi Solutions excels in Q2 earnings, eyes growth opportunities

Viavi Solutions delivered a strong Q2 performance, surpassing revenue and earnings expectations, driven by robust NSE revenue and operational efficiency.
While facing challenges in NE revenue decline and delayed spending, Viavi's strategic strengths in innovation and market positioning offer growth opportunities.
Management's confidence in the company's outlook, coupled with upcoming cable spend ramp and technological advancements, positions Viavi for future success.
Addressing challenges proactively, leveraging growth opportunities, and maintaining a focus on innovation will be key for Viavi's sustained growth and market leadership.

Viavi Solutions surpasses Q3 revenue expectations, eyes seasonal Q4 growth

Viavi Solutions' Q3 performance slightly exceeded expectations, with strength in OSP revenue growth. Challenges persist in NSE and SE revenue due to conservative spending. Management anticipates a seasonally stronger Q4 but acknowledges ongoing market challenges.

Viavi Solutions reports Q1 revenue below guidance, sees recovery ahead

Viavi Solutions faced revenue challenges in Q1 2025 but exceeded expectations in the OSP segment.
The company anticipates recovery in NSE and sees opportunities for growth in wireless and innovation.
Challenges include declining revenues in NSE and SE, with softer demand in certain product lines.
Viavi maintains a positive outlook for the future with expectations of revenue growth and margin improvement.

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Macroeconomic headwinds, weakness in the smartphone market and inventory corrections hurt VIAV's revenues in the first quarter of fiscal 2025.

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

Viavi Solutions Inc. (NASDAQ:VIAV ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Vibhuti Nayar - Head of Investor Relations Ilan Daskal - Chief Financial Officer Oleg Khaykin - President and Chief Executive Officer Conference Call Participants Ruben Roy - Stifel Ryan Koontz - Needham Michael Genovese - Rosenblatt Meta Marshall - Morgan Stanley Timothy Savageaux - Northland Capital Operator Hello everyone. My name is Tamika and welcome to Viavi Solutions Fiscal First Quarter 2025 Earnings Call.

Viavi Solutions Inc. (VIAV) Q3 2024 Earnings Call Transcript

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.

Viav Solutions (VIAV) Q1 Earnings Meet Estimates

CHANDLER, Ariz. , Oct. 31, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its first quarter ended September 28, 2024 with the following highlights.

VIAVI Announces First Quarter Fiscal 2025 Results

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.

VIAVI Selected to Build Open Radio Access Network Laboratory in the Philippines

Viavi's NITRO AIOps solution is selected by Telefonica's Latin American unit to provide advanced, automated Network Inventory Management.

VIAV's NITRO AIOps Boosts Telefonica HISPAM's Network: Stock to Gain?

CHANDLER, Ariz. , Oct. 24, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an agreement to provide automated network inventory management capabilities leveraging VIAVI NITRO® AIOps for Telefónica Hispanoamérica (HISPAM), the Telefónica Group unit with operations in Argentina, Chile, Colombia, Ecuador, Peru, Mexico, Uruguay and Venezuela.

VIAVI Selected by Telefónica HISPAM to Provide Advanced, Automated Network Inventory Management

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.

VIAVI Announces Date for Fiscal First Quarter 2025 Financial Results

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.

VIAVI Celebrates Opening of Automated Open RAN Lab-as-a-Service Test Facility

The likely buyout by VIAV is expected to drive long-term growth with incremental revenues and operational synergies.

Viavi Mulls Reviving Counter Bid for Spirent: Stock to Gain?

Nasdaq-listed network equipment manufacturer Viavi Solutions (NASDAQ:VIAV) Inc will consider making another bid for Spirent Communications (LSE:SPT) if an agreed-upon Keysight Technologies Inc (NYSE:KEYS) takeover fails to pass muster with the competition watchdog, Reuters has reported. Viavi was gazumped by Keysight in March with a 201.5p per share offer for FTSE 250-listed Spirent, beating out Viavi's previous 175p-per-share offer.

Another Spirent bid from Viavi bid not off table, reports Reuters

U.S. IT communications specialist Viavi Solutions is considering whether it could make another bid for telecoms testing group Spirent Communications if a takeover by its rival Keysight Technologies fails, sources familiar with the matter said.

Viavi considers reviving rival bid for Spirent, say sources

Viavi is set to showcase a new optical connector inspection solution, along with other optical and Ethernet testing solutions, at ECOC 2024 in Germany.

VIAV Launches New Optical & Ethernet Testing Solution: Stock to Gain?

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.

VIAVI Introduces Innovative Benchtop Microscopy Solution at ECOC 2024

Viavi introduces the VAMOS platform to minimize test complexity, enabling wireless and cloud service providers to reduce operational expenses.

VIAV's VAMOS Platform to Reduce Test Complexity: Stock to Gain?

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.

VIAVI Drives Down Testing Complexity and Cost with Automation and Orchestration Platform

Early Customers Include InnoLight and Lumentum CHANDLER, Ariz. , Sept. 10, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the first solution to address testing and validation needs of the emerging 1.6Tb/s ecosystem based on 224G SERDES.

VIAVI Introduces 1.6Tb/s High-Speed Ethernet Testing For AI Workloads

Macroeconomic headwinds, weakness in the smartphone market and inventory corrections hurt Viavi's (VIAV) revenues in the fourth quarter of fiscal 2024.

Viavi's (VIAV) Q4 Earnings Beat Estimates, Revenues Fall Y/Y

Viavi Solutions Inc. (NASDAQ:VIAV ) Q4 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Vibhuti Nayar - Head of Investor Relations Ilan Daskal - Chief Financial Officer Oleg Khaykin - President and Chief Executive Officer Conference Call Participants Ruben Roy - Stifel Ryan Koontz - Needham Mehdi Hosseini - SIG Michael Genovese - Rosenblatt Karan Juvekar - Morgan Stanley Tim Savageaux - Northland Capital Operator Hello, everyone. My name is Emma.

Viavi Solutions Inc. (VIAV) Q4 2024 Earnings Call Transcript

Viav Solutions (VIAV) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.10 per share a year ago.

Viav Solutions (VIAV) Q4 Earnings and Revenues Top Estimates

Fourth Quarter Net revenue of $252.0 million, down $11.6 million or 4.4% year-over-year GAAP operating margin of (2.3)%, down 680 bps year-over-year Non-GAAP operating margin of 10.9%, down 80 bps year-over-year GAAP Earnings per share (EPS) of $(0.10), down $0.10 year-over-year Non-GAAP diluted EPS of $0.08, down $0.02 or 20.0% year-over-year Fiscal 2024 Net revenue of $1.0 billion, down $105.7 million or 9.6% year-over-year GAAP operating margin of 2.1%, down 530 bps year-over-year Non-GAAP operating margin of 11.5%, down 410 bps year-over-year GAAP EPS of $(0.12), down 0.23 or 209.1% year-over-year Non-GAAP diluted EPS of $0.33, down $0.22 or 40.0% year-over-year CHANDLER, Ariz. , Aug. 8, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its fourth quarter and fiscal year ended June 29, 2024.

VIAVI ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS

CHANDLER, Ariz. , July 18, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal fourth quarter and year-end 2024 financial results for the period ended June 29, 2024, on Thursday, August 8, 2024, after the close of market.

VIAVI Announces Date for Fiscal Fourth Quarter and Year-End 2024 Financial Results

Viavi (VIAV) unveils NITRO Fiber Sensing Solution, a cutting-edge suite of solutions designed for critical infrastructure monitoring across diverse industries to bolster operational efficiency and minimize downtime.

Viavi (VIAV) Solution to Boost Efficiency, Minimize Downtime

CHANDLER, Ariz. , July 16, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the launch of NITRO® Fiber Sensing, an integrated real-time asset monitoring and analytics solution for critical infrastructure ranging from oil, gas and water pipelines to electrical power transmission, border/perimeter security and data center interconnects.

VIAVI Introduces Sensing Solutions for Fiber Optic Cables and Fiber-Enabled Critical Infrastructure

Viavi (VIAV) partners with Telecom Infra Project to advance Open RAN Testing capabilities.

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