Viavi Solutions (NASDAQ:VIAV – Get Free Report) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $0.09 to $0.11 for the period, compared to the consensus EPS 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 %
NASDAQ:VIAV traded up $0.64 on Friday, reaching $9.86. 5,240,542 shares of the stock traded hands, compared to its average volume of 1,413,873. The company has a current ratio of 3.55, a quick ratio of 3.16 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of -58.00 and a beta of 0.90. Viavi Solutions has a 12 month low of $6.60 and a 12 month high of $11.32. The company’s fifty day simple moving average is $8.81 and its 200 day simple moving average is $8.01.
Viavi Solutions (NASDAQ:VIAV – Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The communications equipment provider reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. Viavi Solutions had a positive return on equity of 2.21% and a negative net margin of 3.78%. The company had revenue of $238.20 million during the quarter, compared to the consensus estimate of $240.09 million. During the same period in the previous year, the company posted $0.05 EPS. The firm’s revenue was down 3.9% on a year-over-year basis. Equities analysts predict that Viavi Solutions will post 0.17 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on VIAV
Insider Activity at Viavi Solutions
In related news, EVP Paul Mcnab sold 7,324 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $7.52, for a total value of $55,076.48. Following the completion of the sale, the executive vice president now owns 35,631 shares in the company, valued at $267,945.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Paul Mcnab sold 7,324 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $7.52, for a total transaction of $55,076.48. Following the completion of the sale, the executive vice president now owns 35,631 shares in the company, valued at $267,945.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Masood Jabbar sold 30,000 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $8.17, for a total transaction of $245,100.00. Following the completion of the transaction, the director now directly owns 243,514 shares in the company, valued at $1,989,509.38. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 85,976 shares of company stock valued at $720,562 in the last three months. 1.52% of the stock is currently owned by company insiders.
Viavi Solutions Company Profile
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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