Viavi Solutions (NASDAQ:VIAV) Releases Earnings Results, Hits Estimates

Viavi Solutions (NASDAQ:VIAV) released its quarterly earnings results on Thursday. The communications equipment provider reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06, Briefing.com reports. Viavi Solutions had a positive return on equity of 3.81% and a negative net margin of 2.58%. The business had revenue of $238.20 million during the quarter, compared to analysts’ expectations of $240.09 million. During the same quarter in the prior year, the business earned $0.05 earnings per share. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. Viavi Solutions updated its Q2 guidance to $0.09 to $0.11 EPS and its Q2 2025 guidance to 0.090-0.110 EPS.

Viavi Solutions Price Performance

NASDAQ:VIAV traded up $0.64 during trading hours on Friday, reaching $9.86. 4,661,051 shares of the company traded hands, compared to its average volume of 1,783,827. The company has a debt-to-equity ratio of 0.93, a current ratio of 3.55 and a quick ratio of 3.16. The firm’s 50-day moving average is $8.78 and its 200-day moving average is $8.00. The stock has a market cap of $2.19 billion, a P/E ratio of -58.29 and a beta of 0.91. Viavi Solutions has a 1-year low of $6.60 and a 1-year high of $11.32.

Insider Transactions at Viavi Solutions

In related news, Director Masood Jabbar sold 15,000 shares of Viavi Solutions 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 sale, the director now owns 213,514 shares in the company, valued at approximately $1,957,923.38. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 8,432 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $8.63, for a total transaction of $72,768.16. Following the transaction, the senior vice president now owns 56,617 shares of the company’s stock, valued at $488,604.71. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Masood Jabbar sold 15,000 shares of the firm’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $9.17, for a total value of $137,550.00. Following the sale, the director now owns 213,514 shares in the company, valued at $1,957,923.38. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 85,976 shares of company stock valued at $720,562 over the last three months. 1.52% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Stifel Nicolaus dropped their target price on Viavi Solutions from $13.00 to $10.50 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. Northland Securities increased their price target on shares of Viavi Solutions from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Friday. Rosenblatt Securities upped their target price on shares of Viavi Solutions from $8.25 to $10.50 and gave the stock a “neutral” rating in a research report on Friday. StockNews.com raised Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, September 10th. Finally, B. Riley dropped their price objective on Viavi Solutions from $9.00 to $8.50 and set a “neutral” rating for the company in a research note on Friday, August 9th. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.42.

About Viavi Solutions

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.