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Viav Solutions: Fiscal Q2 Earnings Snapshot

By AP News - Jan 30, 2025, 04:29 PM ET
Last Updated - Jan 30, 2025, 04:29 PM EST
Viav Solutions: Fiscal Q2 Earnings Snapshot

CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Viavi Solutions Inc. (VIAV) on Thursday reported fiscal second-quarter profit of $9.1 million.

On a per-share basis, the Chandler, Arizona-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, were 13 cents per share.

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The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The communications equipment company posted revenue of $270.8 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $259.6 million.

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