Viavi Solutions (NASDAQ: VIAV) reported Q3 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $265.2 million versus the consensus estimate of $258.74 million.

"In a seasonally weak March quarter, both NSE and OSP business segments executed well and exceeded our expectations in revenue and non-GAAP operating profit," said Oleg Khaykin, VIAVI\'s President and Chief Executive Officer.

Khaykin added, "Looking ahead into the rest of calendar 2019, we expect to see our typical seasonal demand profile re-enforced by the strength in consumer electronics benefiting OSP and continued strength in 5G Wireless and Fiber benefiting NSE."

GUIDANCE:

Viavi Solutions sees Q4 2019 EPS of $0.14-$0.16, versus the consensus of $0.15. Viavi Solutions sees Q4 2019 revenue of $268-288 million, versus the consensus of $271.53 million.

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