Overview
Viavi fiscal Q4 revenue up 15.3% yr/yr, beating analyst expectations, per LSEG data
Non-GAAP EPS for fiscal Q4 rises 62.5% yr/yr
Growth driven by data center and aerospace & defense segments
Outlook
Viavi expects Q1 fiscal 2026 revenue between $290 mln and $298 mln
Company projects Q1 fiscal 2026 non-GAAP EPS of $0.13 to $0.14
Result Drivers
DATA CENTER GROWTH - High growth in data center ecosystem accelerated recovery, per CEO Oleg Khaykin
AEROSPACE & DEFENSE - Aerospace & defense segments contributed significantly to fiscal Q4 growth
BUSINESS STABILIZATION - Stabilization in service provider test and measurement segment and optical security pigments supported revenue increase
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$290.50 mln
$285.20 mln (7 Analysts)
Q4 EPS
$0.04
Q4 Gross Margin
56.3%
Q4 Adjusted Operating Margin
14.4%
Q4 Operating Margin
5.3%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Viavi Solutions Inc is $12.00, about 16.3% above its August 6 closing price of $10.04
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nPnw7l53a
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)