Viavi Announces Third Quarter Fiscal 2017 Results
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Viavi Solutions (VIAV) PT Raised to $9.50 at Stifel; Beat, But N.A. Service Provider Headwinds Remain
May 3, 2017 8:22 AM EDTStifel raised its price target on Viavi Solutions (NASDAQ: VIAV) to $9.50 (from $8.50) while maintaining a Hold rating following Q1 revenue below and EPS above expectations.
Analyst Patrick Newton notes North American service provider headwinds despite the beat. He is lowering FY17 and FY18... More
Viavi Solutions (VIAV) Tops Q3 EPS by 2c
May 2, 2017 4:21 PM EDTViavi Solutions (NASDAQ: VIAV) reported Q3 EPS of $0.09, $0.02 better than the analyst estimate of $0.07. Revenue for the quarter came in at $196 million versus the consensus estimate of $196.82 million.
GAAP and Non-GAAP net revenue of $196.0 million, down $24.4 million or (11.1)% year-over-yearGAAP operating margin of (7.8)%, down 1,110 bps... More