Viavi Approved 6% Workforce Reduction; Sees Charges $15M And $25M In Annualized Cost Savings
$VIAV
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Technology
Viavi Approved 6% Workforce Reduction; Sees Charges $15M And $25M In Annualized Cost Savings
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2024 | $10.60 | Neutral | UBS |
| 6/26/2024 | $8.25 | Buy → Neutral | Rosenblatt |
| 5/3/2024 | $9.00 | Positive → Neutral | Susquehanna |
| 2/12/2024 | $10.00 → $13.00 | Hold → Buy | Stifel |
| 12/2/2022 | $12.00 | Hold | Stifel |
| 11/4/2022 | $21.00 → $14.50 | Buy → Neutral | B. Riley Securities |
| 10/6/2022 | $18.00 | Buy | Rosenblatt |
| 7/19/2022 | Buy → Hold | Needham |
UBS initiated coverage of Viavi with a rating of Neutral and set a new price target of $10.60
Rosenblatt downgraded Viavi from Buy to Neutral and set a new price target of $8.25
Susquehanna downgraded Viavi from Positive to Neutral and set a new price target of $9.00
8-K - VIAVI SOLUTIONS INC. (0000912093) (Filer)
10-Q - VIAVI SOLUTIONS INC. (0000912093) (Filer)
8-K - VIAVI SOLUTIONS INC. (0000912093) (Filer)
SC 13G - VIAVI SOLUTIONS INC. (0000912093) (Subject)
SC 13G/A - VIAVI SOLUTIONS INC. (0000912093) (Subject)
SC 13G/A - VIAVI SOLUTIONS INC. (0000912093) (Subject)
CHANDLER, Ariz., Nov. 19, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ:VIAV) today announced that TDC NET, the largest and most experienced provider of digital infrastructure in Denmark, has selected NITRO® AIOps for end-to-end network monitoring that continuously observes, analyzes, and manages network performance across multiple domains. The deployment of NITRO AIOps is part of TDC NET's larger transformation strategy that includes other vendors integrated by Infosys, a global leader in next-generation digital services and consulting. NITRO AIOps supports TDC NE
Solution selected by Micron, Smart Modular Technologies to advance CXL ecosystem VIAVI CXL testing solutions will be demonstrated at SC24, November 18-21CHANDLER, Ariz., Nov. 12, 2024 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ:VIAV) today announced that the VIAVI Xgig® CXL Exerciser has received CXL 2.0 Gold Suite certification from the Compute Express Link® Consortium. This certification enables the Xgig CXL Exerciser to qualify CXL devices for inclusion in the CXL v2.0 Integrators List, and continues VIAVI's leadership in this critical technology segment. CXL is a
CHANDLER, Ariz., Oct. 31, 2024 /PRNewswire/ -- VIAVI (NASDAQ:VIAV) today reported results for its first quarter ended September 28, 2024 with the following highlights. First Quarter Net revenue of $238.2 million, down $9.7 million or 3.9% year-over-yearGAAP operating margin of 4.8%, down 170 bps year-over-yearNon-GAAP operating margin of 10.0%, down 240 bps year-over-yearGAAP net loss of $1.8 million, down $11.6 million or 118.4% year-over-yearNon-GAAP net income of $12.4 million, down $7.1 million or 36.4% year-over-year GAAP diluted loss per share of $(0.01), down $0.05 or 1
CHANDLER, Ariz., Oct. 31, 2024 /PRNewswire/ -- VIAVI (NASDAQ:VIAV) today reported results for its first quarter ended September 28, 2024 with the following highlights. First Quarter Net revenue of $238.2 million, down $9.7 million or 3.9% year-over-yearGAAP operating margin of 4.8%, down 170 bps year-over-yearNon-GAAP operating margin of 10.0%, down 240 bps year-over-yearGAAP net loss of $1.8 million, down $11.6 million or 118.4% year-over-yearNon-GAAP net income of $12.4 million, down $7.1 million or 36.4% year-over-year GAAP diluted loss per share of $(0.01), down $0.05 or 1
CHANDLER, Ariz., Oct. 17, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ:VIAV) will announce its fiscal first quarter 2025 financial results for the period ended September 28, 2024, on Thursday, October 31, 2024, after the close of market. The Company will host an earnings call at 1:30 p.m. PDT / 4:30 p.m. EDT. A live webcast of the call and the replay will be available on the VIAVI website at https://investor.viavisolutions.com. The quarterly earnings press release, supplementary slides and historical financial tables will be posted under the "Quarterly Results" se
Fourth Quarter Net revenue of $252.0 million, down $11.6 million or 4.4% year-over-yearGAAP operating margin of (2.3)%, down 680 bps year-over-yearNon-GAAP operating margin of 10.9%, down 80 bps year-over-yearGAAP Earnings per share (EPS) of $(0.10), down $0.10 year-over-yearNon-GAAP diluted EPS of $0.08, down $0.02 or 20.0% year-over-yearFiscal 2024 Net revenue of $1.0 billion, down $105.7 million or 9.6% year-over-yearGAAP operating margin of 2.1%, down 530 bps year-over-yearNon-GAAP operating margin of 11.5%, down 410 bps year-over-yearGAAP EPS of $(0.12), down 0.23 or 209.1% year-over-yearNon-GAAP diluted EPS of $0.33, down $0.22 or 40.0% year-over-yearCHANDLER, Ariz., Aug. 8, 2024 /PRNe
Joint Framework Expands Testing Services, Driving Industry-wide Adoption of Open RAN Solutions Advancing Industry Standards Through Collaboration: TIP partners with VIAVI to expand VALOR's testing for Open RAN.Streamlined Testing: Establishes VALOR as the first TIP-authorized test lab, reducing testing duplication.Industry-wide impact: Accelerates Open RAN adoption and drives global industry alignment.CHANDLER, Ariz., July 9, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ:VIAV) and the Telecom Infra Project (TIP) today announced a strategic collaboration aimed at expanding the testing capabilities of the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR™). VALOR, made possible
SCOTTSDALE, Ariz., Feb. 18, 2021 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") announced today the appointment of Henk Derksen as Executive Vice President and Chief Financial Officer effective March 15, 2021. Mr. Derksen will report to President and Chief Executive Officer Oleg Khaykin and oversee the global finance organization, including finance, accounting and reporting, tax, treasury, internal audit, investor relations and information technology (IT). "I'm excited to have Henk join our executive team and help us execute our growth strategy." said Oleg Khaykin. "He brings extensive financial, international, and business management expertise to VIAVI, has deep familiarit
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4 - VIAVI SOLUTIONS INC. (0000912093) (Issuer)
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