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Stock impact report

Viavi Solutions Q2 Earnings Call Highlights [Yahoo! Finance]

Viavi Solutions Inc. (VIAV) 
Last viavi solutions inc. earnings: 2/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
operating margin of and EPS of ; management guided Q3 revenue to $386M–$400M and EPS to $0.22–$0.24 Network & Service Enablement (NSE) led growth— $291.5M , up 45.8% YoY —driven by the Inertial Labs and Spirent product-line acquisitions and strong data-center lab/production demand (Spirent contributed $43M , slightly below expectations); management now sees NSE mix shifting to roughly ~45% data center, ~40% service provider, ~15% aerospace/defense with longer multi-quarter visibility. Balance sheet and cost actions included cash and short-term investments of $772.1M , exchange of about $100M of convertible notes for 7.9M shares , a $100M Term Loan B prepayment, and a restructuring cutting ~ of the workforce with ~ $32M charges to save ~ $30M annually; the company also expects to pay an $75M Inertial Labs earnout in Q3. Interested in Viavi Solutions Inc.? Here are five stocks we like better. Viasat Drops 29%: Falling Knife or Moonshot Bargain? Viavi Solutions (NASDAQ:VIAV) re Show less Read more
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