Viavi (VIAV) Q3 Earnings & Revenues Lag Estimates, Down Y/Y [Yahoo! Finance]
Viavi Solutions Inc. (VIAV)
Last viavi solutions inc. earnings: 2/4 04:01 pm
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US:NASDAQ Investor Relations:
investor.viavisolutions.com/home/default.aspx
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Source: Yahoo! Finance
VIAV reported relatively soft third-quarter fiscal 2024 results, with both the top line and the bottom line missing the respective Zacks Consensus Estimate. The sluggish spending environment at the service provider and enterprise customer end, weak demand trends led to tepid results. Net Income On a GAAP basis, Viavi incurred a net loss of $24.6 million or a loss of 11 cents per share compared to a net loss of $15.4 million or a loss of 7 cents per share in the year-ago quarter. The decline was primarily due to year-over-year lower net sales. Non-GAAP net income was $13.2 million or 6 cents per share compared with $18 million or 8 cents per share in the prior-year quarter. The bottom line fell short of the Zacks Consensus Estimate by a penny. Viavi Solutions Inc. Price, Consensus and EPS Surprise Viavi Solutions Inc. price-consensus-eps-surprise-chart | Viavi Solutions Inc. Quote Revenues Net sales in the quarter were $246 million, down 0.7% year over year, owing to slac
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VIAV
Earnings
- 5/2/24 - Beat
VIAV
Sec Filings
- 5/13/24 - Form 4
- 5/10/24 - Form 144
- 5/8/24 - Form 4
- VIAV's page on the SEC website