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Viavi (VIAV) Tops Q4 EPS by 1c

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Needham & Company Remains Sidelined on Viavi (VIAV) Following Following 4Q Report

August 15, 2016 7:12 AM EDT

Needham & 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