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 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 Trading Up 6.9 %

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

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, meeting the consensus estimate of $0.06. The firm had revenue of $238.20 million for the quarter, compared to analyst estimates of $240.09 million. Viavi Solutions had a negative net margin of 3.78% and a positive return on equity of 2.21%. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 earnings per share. Analysts anticipate that Viavi Solutions will post 0.17 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have commented on VIAV shares. Stifel Nicolaus decreased their price objective on Viavi Solutions from $13.00 to $10.50 and set a “buy” rating for the company in a report on Tuesday, August 6th. Needham & Company LLC reiterated a “hold” rating on shares of Viavi Solutions in a report on Friday. Rosenblatt Securities raised their price objective on Viavi Solutions from $8.25 to $10.50 and gave the company a “neutral” rating in a research note on Friday. StockNews.com upgraded shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, September 10th. Finally, Northland Securities raised their price target on shares of Viavi Solutions from $11.00 to $13.00 and gave the company an “outperform” rating in a research report on Friday. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Viavi Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $10.42.

Read Our Latest Research Report on VIAV

Insider Activity at Viavi Solutions

In other news, SVP Kevin Christopher Siebert sold 8,432 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $8.63, for a total value of $72,768.16. Following the completion of the transaction, the senior vice president now directly owns 56,617 shares in the company, valued at approximately $488,604.71. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Viavi Solutions news, Director Masood Jabbar sold 15,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $1,957,923.38. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Kevin Christopher Siebert sold 8,432 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $8.63, for a total value of $72,768.16. Following the transaction, the senior vice president now directly owns 56,617 shares of the company’s stock, valued at $488,604.71. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 85,976 shares of company stock worth $720,562. 1.52% of the stock is owned by corporate insiders.

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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