Viavi Solutions Inc reports results for the quarter ended March 31 - Earnings Summary
02/05/2025 05:25
Viavi Solutions Inc VIAV.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of eight analysts for the quarter was for earnings of 12 cents per share. 12 cents per share. Revenue rose 15.8% to $284.80 million from a year ago; analysts expected $282.13 million. Viavi Solutions Inc's reported EPS for the quarter was 9 cents. The company reported quarterly net income of $19.5 million. Viavi Solutions Inc shares had fallen by 5.5% this quarter and gained 4.8% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 0.5% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS 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 also "buy" Wall Street's median 12-month price target for Viavi Solutions Inc is $12.25 This summary was machine generated from LSEG data May 2 at 04:24 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | 0.12 | 0.15 | Beat |
| Dec. 31 2024 | 0.10 | 0.13 | Beat |
| Sep. 30 2024 | 0.06 | 0.06 | Met |
| Jun. 30 2024 | 0.07 | 0.08 | Beat |