Viavi Q3 revenue rises 43% on data center demand

Viavi Solutions

29/04/2026 21:33

Overview

US test and measurement firm's preliminary fiscal Q3 revenue rose 43%, beating analyst expectations

Non-GAAP EPS for fiscal Q3 rose 80% year-over-year

Growth driven by strong demand in data center and aerospace and defense markets

Outlook

Viavi expects Q4 fiscal 2026 net revenue between $427 mln and $437 mln

Company sees Q4 fiscal 2026 non-GAAP EPS between $0.29 and $0.31

Viavi expects data center and aerospace and defense markets to remain strong drivers

Result Drivers

DATA CENTER DEMAND - Co said strong growth in data center end market drove Q3 results, per CEO Oleg Khaykin

AEROSPACE AND DEFENSE - Co said strong demand from aerospace and defense end markets contributed to Q3 growth, per CEO Oleg Khaykin

Company press release: ID:nPn1v7KVza

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$406.80 mln
$393.83 mln (8 Analysts)
Q3 EPS
$0.03
Q3 Gross Margin
57.50%
Q3 Adjusted Operating Margin
21.00%
Q3 Operating Margin
6.10%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 $42.00, about 2.7% below its April 28 closing price of $43.17

The stock recently traded at 43 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)