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Viavi Solutions Inc (VIAV.OQ)

VIAV.OQ on NASDAQ Stock Exchange Global Select Market

9.98USD
23 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Viavi Solutions Says Collaboration With Microsemi For Flexible Optical Networking Technologies Needed To Meet Demands Of 5G Networks​
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Microsemi Corp ::VIAVI SOLUTIONS - ‍ COLLABORATION WITH MICROSEMI FOR FLEXIBLE OPTICAL NETWORKING TECHNOLOGIES NEEDED TO MEET DEMANDS OF 5G NETWORKS​.  Full Article

Viavi Announces Q2 GAAP Loss Per Share $0.02
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Viavi Solutions Inc ::VIAVI ANNOUNCES SECOND QUARTER FISCAL 2018 RESULTS.SEES Q3 2018 NON-GAAP EARNINGS PER SHARE $0.08 TO $0.10.Q2 GAAP LOSS PER SHARE $0.02.SEES Q3 2018 REVENUE $190 MILLION TO $210 MILLION.Q2 REVENUE FELL 2.3 PERCENT TO $201.8 MILLION.Q2 NON-GAAP EARNINGS PER SHARE $0.09."ANTICIPATE CONTINUED STRENGTH IN NETWORK TEST SPENDING AND BROADER 3D SENSING PRODUCT ADOPTION IN CALENDAR 2018".Q2 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $185.8 MILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.09, REVENUE VIEW $193.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sandell Asset Management Corp releases open letter to CEO of Viavi solutions
Tuesday, 16 Aug 2016 

Sandell Asset Management Corp : Viavi should pursue sale of service enablement (se) business segment . "it is our belief that company would benefit from having additional members on board of directors" . "believe that there may be substantial private equity interest" in Viavi . Released a letter to Oleg Khaykin, ceo and president of Viavi solutions . Believe viavi should allocate "meaningful amount" of funds towards accelerated share repurchase program .Take-Private deal may be one path to consider for Viavi; alternatives involving equity sponsor should also be considered.  Full Article

Viavi Solutions Q4 GAAP loss per share $0.29 from Cont Ops
Thursday, 11 Aug 2016 

Viavi Solutions Inc : Q4 gaap loss per share $0.29 from continuing operations . Viavi announces fourth quarter and year end fiscal 2016 results . Sees Q1 2017 non-gaap earnings per share $0.06 to $0.08 . Q4 non-gaap earnings per share $0.10 from continuing operations . Q4 gaap loss per share $0.29 from continuing operations . Sees q1 2017 revenue $201 million to $217 million . Q4 revenue $224.1 million versus i/b/e/s view $220.4 million . Q4 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Will restate its previously issued financial statements for each of quarters ended october 3, 2015, january 2, 2016 and april 2, 2016 . Management determined that an error had occurred in company's calculation of income taxes . Tax calculation error did not impact previously reported cash from operating activities or non-gaap results . Qtrly gaap gross margin 60.7 percent versus 59.6 percent last year .Will amend its quarterly reports on form 10-q for quarters ended october 3, 2015, january 2, 2016 and april 2, 2016.  Full Article

Photo

Apple grabs two-year lead in 3D sensing race

Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s Face ID security, three major parts producers have told Reuters, handicapping Samsung and others on a technology that is set to be worth billions in revenue over the next few years.