Viavi Solutions (NASDAQ:VIAV) Updates Q2 Earnings Guidance

Viavi Solutions (NASDAQ:VIAVGet Free Report) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.09 to $0.11 for the period, compared to the consensus estimate of $0.08. The company issued revenue guidance of $255 million to $265 million, compared to the consensus revenue estimate of $248.60 million. Viavi Solutions also updated its Q2 2025 guidance to 0.090-0.110 EPS.

Viavi Solutions Stock Up 6.9 %

Shares of NASDAQ:VIAV traded up $0.64 during trading on Friday, hitting $9.86. The stock had a trading volume of 5,240,542 shares, compared to its average volume of 1,413,873. The company has a market capitalization of $2.19 billion, a PE ratio of -58.00 and a beta of 0.90. The company has a quick ratio of 3.16, a current ratio of 3.55 and a debt-to-equity ratio of 0.93. The firm’s fifty day moving average is $8.81 and its 200 day moving average is $8.01. Viavi Solutions has a 12 month low of $6.60 and a 12 month high of $11.32.

Viavi Solutions (NASDAQ:VIAVGet Free Report) last announced its quarterly earnings data on Thursday, October 31st. The communications equipment provider reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. Viavi Solutions had a negative net margin of 3.78% and a positive return on equity of 2.21%. The business had revenue of $238.20 million for the quarter, compared to analysts’ expectations of $240.09 million. During the same quarter in the prior year, the company earned $0.05 earnings per share. The business’s revenue was down 3.9% compared to the same quarter last year. Analysts anticipate that Viavi Solutions will post 0.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on VIAV. StockNews.com raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, September 10th. Stifel Nicolaus decreased their target price on shares of Viavi Solutions from $13.00 to $10.50 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Viavi Solutions in a research report on Friday. Rosenblatt Securities increased their target price on shares of Viavi Solutions from $8.25 to $10.50 and gave the stock a “neutral” rating in a report on Friday. Finally, B. Riley decreased their target price on shares of Viavi Solutions from $9.00 to $8.50 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $10.42.

View Our Latest Research Report on Viavi Solutions

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, SVP Luke M. Scrivanich sold 3,029 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $8.86, for a total transaction of $26,836.94. Following the completion of the transaction, the senior vice president now owns 57,319 shares in the company, valued at $507,846.34. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, SVP Luke M. Scrivanich sold 3,029 shares of Viavi Solutions stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $8.86, for a total transaction of $26,836.94. Following the completion of the sale, the senior vice president now owns 57,319 shares in the company, valued at $507,846.34. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Masood Jabbar sold 15,000 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $9.17, for a total transaction of $137,550.00. Following the completion of the transaction, the director now owns 213,514 shares in the company, valued at $1,957,923.38. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 85,976 shares of company stock worth $720,562 over the last ninety days. Company insiders own 1.52% of the company’s stock.

Viavi Solutions Company Profile

(Get Free Report)

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.

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