VIAVI Announces Second Quarter Fiscal 2021 Results
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Viavi Solutions (VIAV) PT Raised to $20 at Susquehanna
February 3, 2021 6:25 AM ESTSusquehanna analyst Mehdi Hosseini raised the price target on Viavi Solutions (NASDAQ: VIAV) to $20.00 (from $18.00) while maintaining a Positive rating.
The analyst commented, "Updating estimates/price target following December-quarter results. With 5G, Networking and 3D Sensing all "turning on," the next catalyst,... More
Viavi Solutions (VIAV) Tops Q2 EPS by 4c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus
February 2, 2021 4:06 PM ESTViavi Solutions (NASDAQ: VIAV) reported Q2 EPS of $0.23, $0.04 better than the analyst estimate of $0.19. Revenue for the quarter came in at $313.7 million versus the consensus estimate of $290.49 million.
Net revenue of $299.9 million, down $13.8 million or 4.4% year-over-yearGAAP operating margin of 14.1%, down 20 bps year-over-yearNon-GAAP operating margin of 22.3%, up 70 bps year-over-yearGAAP EPS of $0.09, down $0.03 or (25.0)% year-over-yearNon-GAAP EPS... More