Viavi (VIAV) Tops Q4 EPS by 1c
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- AMC Entertainment (AMC) Enters $250M ATM Agreement
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
Needham & Company Remains Sidelined on Viavi (VIAV) Following Following 4Q Report
August 15, 2016 7:12 AM EDTNeedham & Company maintained a Hold rating on Viavi Solutions (NASDAQ: VIAV) following the company's 4Q earnings report. The company's OSP unit is expected to decline year-over-year by ~$25-30MM in revenues. Needham also estimate the profits from the Legacy SE businesses will decline by roughly $7MM. Cost cuts are likely to help... More