Viavi Q2 revenue up 36.4%, beats estimates

Viavi Solutions

28/01/2026 21:24

Overview

Optical tech firm's fiscal Q2 revenue rose 36.4% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q2 beat analyst expectations

Company announced a restructuring plan affecting 5% of global workforce

Outlook

Viavi expects Q3 fiscal 2026 revenue between $386 mln and $400 mln

Company anticipates Q3 fiscal 2026 non-GAAP EPS between $0.22 and $0.24

Result Drivers

STRONG DEMAND - Growth driven by strong demand in data center ecosystem and aerospace and defense applications, according to CEO Oleg Khaykin

RESTRUCTURING PLAN - Co announced a restructuring plan to improve operational efficiencies, affecting 5% of global workforce

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$369.30 mln
$365.25 mln (7 Analysts)
Q2 Adjusted EPS
Beat
$0.22
$0.19 (7 Analysts)
Q2 EPS
-$0.21
Q2 Gross Margin
57.00%
Q2 Adjusted Operating Margin
19.30%
Q2 Operating Margin
3.10%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "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 $20.00, about 3.4% below its January 27 closing price of $20.70

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nPn6rHw5ca

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(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.)