Viavi Solutions Inc. (VIAV)
Market Cap | 1.80B |
Revenue (ttm) | 1.01B |
Net Income (ttm) | 5.00M |
Shares Out | 222.57M |
EPS (ttm) | 0.02 |
PE Ratio | 404.50 |
Forward PE | 15.68 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,146,788 |
Open | 8.18 |
Previous Close | 8.17 |
Day's Range | 8.06 - 8.28 |
52-Week Range | 7.26 - 11.65 |
Beta | 0.95 |
Analysts | Buy |
Price Target | 12.83 (+58.59%) |
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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for VIAV stock is "Buy." The 12-month stock price forecast is $12.83, which is an increase of 58.59% from the latest price.
News
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...
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).
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...
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.
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...
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.
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
VIAVI CTO Sameh Yamany Testifies at House Communications and Technology Subcommittee Hearing on "Leveraging AI to Enhance American Communications"
CHANDLER, Ariz. , Nov. 15, 2023 /PRNewswire/ -- VIAVI Solutions (NASDAQ: VIAV) today announced that Chief Technology Officer Dr. Sameh Yamany has testified at a hearing of the House Communications and...
VIAVI Accelerates O-RAN Interoperability Testing with Industry's First Real-Time Analyzer
CHANDLER, Ariz. , Nov. 15, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the expansion of its NITRO® Wireless portfolio with the addition of XhaulAdvisor, a scalable...