Viavi Solutions Inc. (VIAV)

NASDAQ: VIAV · IEX Real-Time Price · USD
6.98
+0.01 (0.14%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.14%
Market Cap 1.56B
Revenue (ttm) 1.01B
Net Income (ttm) -4.20M
Shares Out 223.24M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 17.43
Dividend n/a
Ex-Dividend Date n/a
Volume 1,108,574
Open 6.98
Previous Close 6.97
Day's Range 6.92 - 7.15
52-Week Range 6.60 - 11.65
Beta 0.95
Analysts Buy
Price Target 12.04 (+72.49%)
Earnings Date Aug 8, 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 $12.04, which is an increase of 72.49% from the latest price.

Price Target
$12.04
(72.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mavenir, VIAVI, and CableLabs Complete Open RAN 3GPP Security Assurance Testing During the Spring 2024 O-RAN ALLIANCE PlugFest

RICHARDSON, Texas--(BUSINESS WIRE)-- #3GPP--Mavenir announce successfully completing 3GPP Security Assurance Testing for the RU, DU, and CU together with VIAVI and CableLabs.

5 days ago - Business Wire

VIAVI Selects ETS-Lindgren To Deliver Anechoic Chamber For Massive MIMO Over-The-Air Testing at VALOR Lab

CHANDLER, Ariz. , June 26, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has selected ETS-Lindgren to provide an RF-shielded anechoic chamber to support Massive M...

6 days ago - PRNewsWire

Effnet 5G gNB-CU validated using VIAVI TeraVM and power monitoring for Red Hat OpenShift for energy efficient computing

Luleå 2024-06-25 – Effnet, a leading provider of containerized 5G RAN software and 5G protocol stack for terminals as well as Header Compression software, today announces its successful participation ...

7 days ago - GlobeNewsWire

VIAVI Provides Benchmarking and Validation at Spring 2024 O-RAN PlugFest as U.S. NTIA Calls for O-RU Commercialization

CHANDLER, Ariz. , June 25, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared the company's role in the Spring 2024 PlugFest organized by the O-RAN ALLIANCE.

7 days ago - PRNewsWire

At IEEE International Communications Conference, VIAVI and Partners Will Showcase 6G and AI Research, and O-RAN and NTN Test Solutions

VIAVI CTO Dr. Sameh Yamany Will Deliver Keynote Address on "Telecom Digital Twins And Their Role In Future Technologies Maturity" CHANDLER, Ariz. , June 10, 2024 /PRNewswire/ -- Viavi Solutions Inc. (...

22 days ago - PRNewsWire

Rohde & Schwarz and VIAVI Offer Joint Network Test Solutions Supporting Open Radio Commercialization and Innovation

CHANDLER, Ariz. , June 6, 2024 /PRNewswire/ -- Rohde & Schwarz (R&S) and Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an expansion of their partnership delivering state-of-the-art O-RU ...

26 days ago - PRNewsWire

VIAVI Automated Lab-as-a-Service For Open RAN (VALOR) Supports Open Radio Unit (O-RU) Commercialization and Innovation

CHANDLER, Ariz. , June 4, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR™) has released O-RU conformance...

4 weeks ago - PRNewsWire

Organizations With Network Observability Are 3.5X More Likely to Significantly Reduce Detection Times, VIAVI Study Reveals

'2024/25 State of the Network' study, authored by Enterprise Strategy Group and commissioned by VIAVI, will be presented at Cisco Live! CHANDLER, Ariz.

4 weeks ago - PRNewsWire

VIAVI Introduces Industry-Leading L- and Ku-band, Fully GNSS-Independent UTC Timing Services

CHANDLER, Ariz. , May 29, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today launched its altGNSSSM GEO SecureTimeSM services that deliver nanoseconds-accurate UTC timing via L-Ban...

4 weeks ago - PRNewsWire

Rohde & Schwarz and VIAVI Solutions Unveil Open RAN and Non-Terrestrial Network Test Solutions

CHANDLER, Ariz. , May 22, 2024  /PRNewswire/ -- Rohde & Schwarz (R&S) and Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an expansion of their partnership for joint wireless lab test solu...

5 weeks ago - PRNewsWire

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)...

2 months 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...

2 months 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...

2 months 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).

2 months 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...

3 months 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.

3 months 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...

3 months 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.

3 months 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
3 months 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.

4 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...

4 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...

4 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...

4 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...

4 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...

4 months ago - PRNewsWire