MARKET COMPOSITE
VIAV - Viavi Solutions Inc8:00:00 PM 4/19/2024
Price
$8.07
-0.02 (-0.25%)
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)Dec 2023Q/Q
Revenue254.5MM+3%
Gross Profit148MM+2%
Cost Of Revenue106.5MM+3%
Operating Income22.4MM+40%
Operating Expenses125.6MM-2%
Net Income10.7MM+9%
R&D49.5MM-1%
G&A74.8MM-3%
Amortization1.4MM-33%
Interest Expense7.9MM+1%
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Stock news

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal third quarter 2024 financial results for the period ended March 30, 2024, on Thursday, May 2, 2024, after the close of market.

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has joined the Strategic Board of the OpenAirInterface Software Alliance (OSA). VIAVI participation adds a test equipment provider to the OSA board and opens a new chapter in the relationship that OSA maintains with the O-RAN ALLIANCE and the open RAN stakeholders. This also marks a significant milestone in advancing open-source initiatives within the telecommunications industry.

    Viavi's (VIAV) TeraVM Security Test solution offers a robust framework of cloud-enabled test platform for advanced data security measures in an increasingly digitized world.

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the addition of performance testing capability for Post-Quantum Cryptography (PQC) system deployments. Introducing cryptographic protocols can create additional network performance overhead, ultimately affecting end-user quality of experience. TeraVM Security Test is trusted by leading network security infrastructure vendors, service providers, research institutes, governments and enterprises to emulate large-scale user endpoint traffic

    Viavi (VIAV), in collaboration with Northeastern University, unveils a 6G city-scale digital twin and AI-Native Air Interface to expedite the development of the next generation of communication technology.

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today shared milestones in 6G and AI research based on the company's 6G Forward Program. As 6G is the first AI-native generation of wireless communications, data sources such as a 6G city-scale digital twin will be vital for training other elements of the network such as the 6G AI-Native Air Interface.

    CHANDLER, Ariz., March 29, 2024--VIAVI Solutions ("VIAVI") (NASDAQ: VIAV) notes the announcement made by Keysight Technologies, Inc. ("Keysight") and Spirent Communications plc ("Spirent") on March 28, 2024, of a recommended cash acquisition of Spirent by Keysight.

    Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum, March 26-28, in Dallas, Texas. The company contributed its TeraVM RIC Test and TM500 Network Tester to multiple demonstrations, building on collaborations at MWC 2024, where the company partnered with industry leaders to showcase RIC test and app training.

    Keysight (KEYS) is reportedly planning to make a formal bid for Spirent (SPMYY), following a merger agreement between Viavi (VIAV) and Spirent early this month.

    Keysight Technologies outbid rival Viavi Solutions to buy Spirent Communications for about 1.16 billion pounds ($1.46 billion) on Thursday, winning a battle over the UK telecoms testing firm's expertise in automation. Shares in London-listed Spirent were up 10.6% to 198.0 pence as of 0957 GMT. Electronic equipment maker Keysight offered 201.5 pence per share, topping Viavi's 175 pence bid in early March.