MARKET COMPOSITE
VIAV - Viavi Solutions Inc8:00:00 PM 9/29/2023
Price
$9.14
-0.04 (-0.44%)
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, government, civil, military, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, government, industrial, automotive, and consumer electronic markets, including 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1923 and is headquartered in San Jose, California.
Financials
Quarterly financials
(USD)Jul 2023Q/Q
Revenue-578.9MM-334%
Gross Profit-346.8MM-346%
Cost Of Revenue117.6MM+10%
Operating Income11.8MM-662%
Operating Expenses134.2MM-6%
Net Income-25.7MM+67%
R&D51.6MM+2%
G&A78.5MM-2%
Amortization2.2MM+5%
Interest Expense8.1MM+21%
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Stock news

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today unveiled Observer Sentry, Software-as-a-Service-based Threat Exposure Management providing SecOps, DevOps, and cloud architects much-needed threat visibility into ever-changing AWS environments. The company will showcase Observer Sentry at InfoSec World, September 25-27, 2023 in Lake Buena Vista, Florida.

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the company is part of three consortia that have won funding in the Open Networks Ecosystem (ONE) competition sponsored by the U.K. Department of Science, Innovation and Technology (DSIT). VIAVI and partners submitted successful bids for HiPer-RAN led by University of Surrey, REACH led by University of York, and ARIANE led by Telecom Infra Project (TIP).

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of NITRO® AIOps on Google Cloud, creating an innovative solution that leverages VIAVI cutting-edge network analytics solutions and Google Cloud's native service capabilities. The collaboration aims to address critical challenges faced by Communication Service Providers (CSPs) and unlock new opportunities for network intelligence and optimization. The solution will be demonstrated at TMForum's DTW23 - Ignite in Copenhage

    VIAVI Announces CFO Resignation08-30-2023 20:30:00 PM

    (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") announced today that the board of directors has accepted the resignation of Henk Derksen as VIAVI's Chief Financial Officer ("CFO"), effective August 25, 2023. Mr. Derksen is resigning from his position and plans to return to Europe to pursue a new opportunity. His resignation is not the result of any dispute or disagreement with VIAVI on any matter relating to VIAVI's operations, policies or practices.

    Viavi (VIAV) unveils testing solutions for both base stations and end-to-end networks to facilitate validation of Non-Terrestrial Networks and High-Altitude Platforms.

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of base station and end-to-end testing supporting Non-Terrestrial Networks (NTN) and High Altitude Platforms (HAPs). Wireless technologies are increasingly augmenting traditional terrestrial communication networks, with satellite communications helping to provide near-complete coverage. The VIAVI TM500 and TeraVM test platforms validate the conformance, performance and reliability of gNodeBs and entire networks under th

    The lower court case was filed by Aeroflex Wichita prior to the acquisition by Viavi Solutions Inc., a publicly traded company headquartered in Chandler, Ariz.

    A cautious spending environment, owing to macroeconomic headwinds, weakness in the smartphone market and inventory corrections, impede Viavi's (VIAV) top line during the fourth quarter of fiscal 2023.

    Q4 2023 Viavi Solutions Inc Earnings Call

    VIAVI (NASDAQ: VIAV) today reported results for its fourth fiscal quarter ended July 1, 2023.