Viavi Solutions Inc. (VIAV)

NASDAQ: VIAV · IEX Real-Time Price · USD
7.67
+0.33 (4.42%)
At close: May 14, 2024, 4:00 PM
7.75
+0.08 (1.04%)
After-hours: May 14, 2024, 6:49 PM EDT
4.42%
Market Cap 1.71B
Revenue (ttm) 1.01B
Net Income (ttm) -4.20M
Shares Out 223.24M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 13.29
Dividend n/a
Ex-Dividend Date n/a
Volume 1,488,426
Open 7.46
Previous Close 7.35
Day's Range 7.40 - 7.71
52-Week Range 7.10 - 11.65
Beta 0.97
Analysts Buy
Price Target 12.33 (+60.76%)
Earnings Date May 2, 2024

About VIAV

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for communications service providers, hyperscalers, network equipment manufacturers, original equipment manufacturers, government, and avionics customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). The NE segment offers testing solutions that access the network to perform build-out and mainten... [Read more]

Sector Technology
IPO Date Nov 17, 1993
Employees 3,600
Stock Exchange NASDAQ
Ticker Symbol VIAV
Full Company Profile

Financial Performance

In 2023, VIAV's revenue was $1.11 billion, a decrease of -14.42% compared to the previous year's $1.29 billion. Earnings were $25.50 million, an increase of 64.52%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for VIAV stock is "Buy." The 12-month stock price forecast is $12.33, which is an increase of 60.76% from the latest price.

Price Target
$12.33
(60.76% upside)
Analyst Consensus: Buy
Stock Forecasts

News

VIAVI Introduces Industry's Most Comprehensive Solution for Resilient Positioning, Navigation and Timing for Critical Infrastructure

Fugro AtomiChron® Timing Service Augments Resilience, Assurance, Precision and Availability on a Global Scale CHANDLER, Ariz. , May 7, 2024 /PRNewswire/ --  Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV)...

8 days ago - PRNewsWire

VIAVI ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS

Third Quarter Net revenue of $246.0 million, down $1.8 million  or 0.7% year-over-year GAAP operating margin of (4.8)%, down 400 bps year-over-year Non-GAAP operating margin of 9.3%, down 210 bps year...

12 days ago - PRNewsWire

VIAVI Announces Date for Fiscal Third Quarter 2024 Financial Results

CHANDLER, Ariz. , April 17, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal third quarter 2024 financial results for the period ended March 30, 2024, on Thurs...

27 days ago - PRNewsWire

VIAVI Joins the OpenAirInterface Software Alliance as Strategic Member

CHANDLER, Ariz. , April 15, 2024 /PRNewswire/ --  Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has joined the Strategic Board of the OpenAirInterface Software Alliance (OSA).

4 weeks ago - PRNewsWire

VIAVI Introduces Performance Testing for Post-Quantum Cryptography Deployments

CHANDLER, Ariz. , April 9, 2024 /PRNewswire/ --  Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of performance testing capability for Post-Quantum Cryptography (PQC) system d...

5 weeks ago - PRNewsWire

VIAVI Unveils Groundbreaking Advances in 6G and AI Research with Introduction of 6G City-Scale Digital Twin and AI-Native Air Interface

CHANDLER, Ariz. , April 4, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared milestones in 6G and AI research based on the company's 6G Forward Program.

5 weeks ago - PRNewsWire

VIAVI Solutions Comments on Offer for Spirent Communications by Keysight Technologies

CHANDLER, Ariz.--(BUSINESS WIRE)--VIAVI Solutions (“VIAVI”) (NASDAQ: VIAV) notes the announcement made by Keysight Technologies, Inc. (“Keysight”) and Spirent Communications plc (“Spirent”) on March 2...

6 weeks ago - Business Wire

VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum

CHANDLER, Ariz. , March 28, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum, March 26-28, in Dallas, Texas.

6 weeks ago - PRNewsWire

Spirent turns back on Viavi in backing Keysight's $1.46 billion takeover bid

Spirent Communications shares surged 10% on Thursday after the British company backed a takeover offer put forward by Keysight Technologies that saw the California company outbid its rival Viavi Solut...

Other symbols: KEYS
6 weeks ago - Market Watch

VIAVI Launches Industry's First Single, Duplex and Multi-Fiber Probe Microscope with Complete Automated Workflow

CHANDLER, Ariz. , March 12, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today expanded its fiber optic test solutions portfolio with the addition of the INX™ 760 probe microscope.

2 months ago - PRNewsWire

VIAVI Showcases Testing Solutions from Lab to Field for Demanding Artificial Intelligence Applications at OFC 2024

CHANDLER, Ariz. , March 7, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will be showcasing its latest network testing solutions that address the demanding r...

2 months ago - PRNewsWire

US-based Viavi to buy UK's Spirent Communications for $1.28 bln

U.S.-based communications equipment firm Viavi Solutions Inc has agreed to buy British telecommunications testing firm Spirent Communications for about 1.01 billion pounds ($1.28 billion), the firms s...

2 months ago - Reuters

VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security Solutions for Research and Development Labs, Service Providers, Data Centers and Mission-Critical Infrastructure

CHANDLER, Ariz. & LONDON--(BUSINESS WIRE)--VIAVI Solutions (“VIAVI”) (NASDAQ: VIAV), a leading provider of communications test, measurement and optical technologies, and Spirent Communications plc (“S...

2 months ago - Business Wire

VIAVI Adds Critical Traffic Visibility to Observer Sentry Threat Exposure Management

CHANDLER, Ariz. , Feb. 27, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of traffic analysis capabilities to its Observer Sentry Software-as-a-Service-b...

2 months ago - PRNewsWire

VIAVI and Broadcom Expand RIC Testbed as a Service to Advance Digital Twin Environments

CHANDLER, Ariz. , Feb. 21, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced advanced and additional capabilities of a joint Testbed as a Service (TBaaS) with VMware, re...

3 months ago - PRNewsWire

MWC Barcelona: VIAVI to Demonstrate AI, Cloud & Open Network Optimization With More Than 20 Industry Partners

CHANDLER, Ariz. , Feb. 20, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will showcase test, automation and optimization solutions through a series of collab...

3 months ago - PRNewsWire

VIAVI Xgig® Exerciser Approved for CXL 1.1 Gold Suite Compliance Testing

CHANDLER, Ariz. , Feb. 15, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the VIAVI Xgig® CXL Exerciser has been recognized as a CXL 1.1 Gold device by the Compu...

3 months ago - PRNewsWire

At MWC Barcelona, VIAVI Will Showcase Solutions to Optimize Networks In The Age of AI and The Cloud

CHANDLER, Ariz. , Feb. 13, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it will be showcasing network test, automation and optimization solutions powered by NI...

3 months ago - PRNewsWire

Claro Colombia Selects TCS and VIAVI Partnership to Improve Customer Service Using AI-Based Technology

CHANDLER, Ariz. , Feb. 7, 2024 /PRNewswire/ -- Tata Consultancy Services (TCS) and VIAVI Solutions (NASDAQ: VIAV) today announced that Claro Colombia has selected AI-based solutions from a strategic p...

3 months ago - PRNewsWire

VIAVI ANNOUNCES SECOND QUARTER FISCAL 2024 RESULTS

Second Quarter Net revenue of $254.5 million, down $30.0 million or 10.5% year-over-year GAAP operating margin of 8.8%, up 80 bps year-over-year Non-GAAP operating margin of 13.2%, down 300 bps year-o...

3 months ago - PRNewsWire

VIAVI Announces Date for Fiscal Second Quarter 2024 Financial Results

CHANDLER, Ariz., Jan. 16, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal second quarter 2024 financial results for the period ended December 30, 2023, on Thu...

4 months ago - PRNewsWire

U.S. NTIA Awards Funding to VIAVI Automated Lab-as-a-Service for Open RAN

CHANDLER, Ariz. , Jan. 11, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the U.S. National Telecommunications and Information Administration (NTIA) has awarded ...

4 months ago - PRNewsWire

Observer Platform Innovations From VIAVI Enhance Visibility Across Users, Applications and the Cloud

CHANDLER, Ariz. , Jan. 9, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced significant enhancements to the Observer Platform allowing IT teams to further maximize netwo...

4 months ago - PRNewsWire

Effnet participates in end-to-end testing of it's 5G RAN software with VIAVI and others

Luleå 2023-12-18 - Effnet, a leading provider of containerized 5G open RAN software and 5G protocol stack for terminals as well as Header Compression software, today announces that it has successfully...

5 months ago - GlobeNewsWire

VIAVI Provides Benchmarking and Validation Across Eight Countries at Fall 2023 O-RAN PlugFest

CHANDLER, Ariz. , Dec. 18, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared the company's role in the Fall 2023 O-RAN PlugFest organized by the O-RAN ALLIANCE and hosted b...

5 months ago - PRNewsWire