Viavi Solutions Shares Rise After 2Q Adj EPS, Revenue Beat Estimates

Dow Jones

Jan 31, 2025

By Chris Wack

Viavi Solutions shares were up 26% to $12.61 after the company reported second-quarter adjusted earnings and revenue that beat analysts' expectations.

The technology company reported quarterly adjusted earnings of 13 cents a share, while analysts' polled by FactSet were looking for adjusted earnings of 10 cents a share.

Revenue for the quarter came in at $270.8 million, compared with $254.5 million in the same quarter last year. Analysts were looking for revenue of $260 million.

Earnings for the quarter were $9.1 million, or four cents a share, compared with last year's $10.7 million, or five cents a share. Analysts were expecting earnings of $13.2 million, or six cents a share.

For the third quarter, Viavi is looking for revenue of $276 million to $288 million, and adjusted earnings of 10 cents to 13 cents a share. Analysts are looking for revenue of $282 million, and adjusted earnings of 12 cents a share.

Analysts at Needham raised their rating on Viavi stock to Buy from Hold, with a price target of $15 a share.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 31, 2025 10:15 ET (15:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2507834961"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2507834961\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2507834961?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-31 23:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2507834961","market":"sh","top_or_hot":-1,"title":"Viavi Solutions Shares Rise After 2Q Adj EPS, Revenue Beat Estimates","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre>\n \n</pre>\n<p>\n  Viavi Solutions shares were up 26% to $12.61 after the company reported second-quarter adjusted earnings and revenue that beat analysts' expectations. \n</p>\n<p>\n  The technology company reported quarterly adjusted earnings of 13 cents a share, while analysts' polled by FactSet were looking for adjusted earnings of 10 cents a share. \n</p>\n<p>\n  Revenue for the quarter came in at $270.8 million, compared with $254.5 million in the same quarter last year. Analysts were looking for revenue of $260 million. \n</p>\n<p>\n  Earnings for the quarter were $9.1 million, or four cents a share, compared with last year's $10.7 million, or five cents a share. Analysts were expecting earnings of $13.2 million, or six cents a share. \n</p>\n<p>\n  For the third quarter, Viavi is looking for revenue of $276 million to $288 million, and adjusted earnings of 10 cents to 13 cents a share. Analysts are looking for revenue of $282 million, and adjusted earnings of 12 cents a share. \n</p>\n<p>\n  Analysts at Needham raised their rating on Viavi stock to Buy from Hold, with a price target of $15 a share. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 31, 2025 10:15 ET (15:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Viavi Solutions Shares Rise After 2Q Adj EPS, Revenue Beat Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nViavi Solutions Shares Rise After 2Q Adj EPS, Revenue Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-31 23:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre>\n \n</pre>\n<p>\n  Viavi Solutions shares were up 26% to $12.61 after the company reported second-quarter adjusted earnings and revenue that beat analysts' expectations. \n</p>\n<p>\n  The technology company reported quarterly adjusted earnings of 13 cents a share, while analysts' polled by FactSet were looking for adjusted earnings of 10 cents a share. \n</p>\n<p>\n  Revenue for the quarter came in at $270.8 million, compared with $254.5 million in the same quarter last year. Analysts were looking for revenue of $260 million. \n</p>\n<p>\n  Earnings for the quarter were $9.1 million, or four cents a share, compared with last year's $10.7 million, or five cents a share. Analysts were expecting earnings of $13.2 million, or six cents a share. \n</p>\n<p>\n  For the third quarter, Viavi is looking for revenue of $276 million to $288 million, and adjusted earnings of 10 cents to 13 cents a share. Analysts are looking for revenue of $282 million, and adjusted earnings of 12 cents a share. \n</p>\n<p>\n  Analysts at Needham raised their rating on Viavi stock to Buy from Hold, with a price target of $15 a share. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 31, 2025 10:15 ET (15:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VIAV","symbol_name":"Viavi Solutions Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507834961","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507834961","pubTimestamp":1738336500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Viavi Solutions shares were up 26% to $12.61 after the company reported second-quarter adjusted earnings and revenue that beat analysts' expectations.The technology company reported quarterly adjusted earnings of 13 cents a share, while analysts' polled by FactSet were looking for adjusted earnings of 10 cents a share.Revenue for the quarter came in at $270.8 million, compared with $254.5 million in the same quarter last year. Analysts were looking for revenue of $260 million.Earnings for the quarter were $9.1 million, or four cents a share, compared with last year's $10.7 million, or five cents a share. Analysts were expecting earnings of $13.2 million, or six cents a share.For the third quarter, Viavi is looking for revenue of $276 million to $288 million, and adjusted earnings of 10 cents to 13 cents a share. Analysts are looking for revenue of $282 million, and adjusted earnings of 12 cents a share.Analysts at Needham raised their rating on Viavi stock to Buy from Hold, with a pric","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VIAV":"Viavi Solutions Inc."},"translate_title":"Viavi Solutions股价在第二季度调整后每股收益、收入超出预期后上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VIAV":1},"content_text":"By Chris Wack \n\n\n \n\n\n  Viavi Solutions shares were up 26% to $12.61 after the company reported second-quarter adjusted earnings and revenue that beat analysts' expectations. \n\n\n  The technology company reported quarterly adjusted earnings of 13 cents a share, while analysts' polled by FactSet were looking for adjusted earnings of 10 cents a share. \n\n\n  Revenue for the quarter came in at $270.8 million, compared with $254.5 million in the same quarter last year. Analysts were looking for revenue of $260 million. \n\n\n  Earnings for the quarter were $9.1 million, or four cents a share, compared with last year's $10.7 million, or five cents a share. Analysts were expecting earnings of $13.2 million, or six cents a share. \n\n\n  For the third quarter, Viavi is looking for revenue of $276 million to $288 million, and adjusted earnings of 10 cents to 13 cents a share. Analysts are looking for revenue of $282 million, and adjusted earnings of 12 cents a share. \n\n\n  Analysts at Needham raised their rating on Viavi stock to Buy from Hold, with a price target of $15 a share. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 31, 2025 10:15 ET (15:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}