Viavi Solutions Inc Stock Price, News & Analysis

VIAVI (NASDAQ: VIAV) announced that its T/Rx Software Defined Transceiver System won first place in the CHALLENGE.GOV Electronic Warfare (EW) Battlefield Realism Prize Challenge on Nov. 4, 2025.

The portable, rugged T/Rx—certified to MIL-STD-810H and available to ship—replicated realistic Blue and Red electromagnetic signal environments for tactical ground, air, UAS, radar, and civilian communications. Key product specs include operation from 1 MHz to 18 GHz, up to 400 MHz instantaneous bandwidth per channel, terabytes of waveform storage, and two independent receivers and transmitters per unit.

VIAVI (NASDAQ: VIAV) reported fiscal Q1 results for the quarter ended Sept 27, 2025: net revenue $299.1M (+25.6% YoY) and non-GAAP operating margin 15.7% (up 570 bps YoY). GAAP results show an operating margin of 2.5% and a GAAP net loss of $21.4M. Non-GAAP net income was $33.1M (+166.9% YoY). Cash and short-term investments totaled $549.1M and total debt carrying value was $791.6M. Cash flow from operations was $31.0M. For Q2FY2026 ending Dec 27, 2025 the company expects revenue $360–370M and non-GAAP EPS $0.18–0.20.

VIAVI (NASDAQ: VIAV) completed the acquisition of Spirent Communications plc's high-speed ethernet, network security and channel emulation testing business for $425 million in all-cash consideration, subject to customary closing adjustments.

The deal is expected to add approximately $180 million to VIAVI's Network Service Enablement revenue in the first 12 months and to be accretive to non-GAAP EPS 12 months after closing. VIAVI also entered a $600 million senior secured seven-year term loan to finance part of the purchase and related expenses, and expects to use U.S. net operating losses to lower the combined blended non-GAAP tax rate.

Viavi Solutions (NASDAQ: VIAV) will report fiscal first quarter 2026 results for the period ended September 27, 2025 on Wednesday, October 29, 2025 after market close.

The company will host an earnings call at 1:30 p.m. PT / 4:30 p.m. ET with a live webcast and replay available at https://investor.viavisolutions.com. The quarterly press release, supplementary slides, and historical financial tables will be posted under the Quarterly Results section. Telephone participants can join using the provided dial‑in numbers and Conference ID 3072689. A replay will be available through Nov 5, 2025, 8:59 p.m. PT.

VIAVI Solutions (NASDAQ: VIAV) has expanded its ONE LabPro® testing platform with the introduction of the ONE-1600ER module, enhancing capabilities for testing 1.6Tb optical components. The expansion comes in response to increasing AI and ML infrastructure demands.

The new module provides full Ethernet support based on the 802.3dj specification, including 1.6Tb and 8x200G testing capabilities. Key features include native support for Riding Heat Sink OSFP 1600G modules, comprehensive RFC2544 testing, and full electrical and optical support.

Additionally, VIAVI has enhanced its MAP-300 platform with new features including a 12-channel variable attenuator, PM-fiber optical switching, and improvements to FiberChek ULTRA Connector Inspection to support high-density AI fiber deployments.

VIAVI Solutions (NASDAQ: VIAV) has introduced two new all-in-one handheld testers for last-mile fiber service activation: the OneExpert Fiber (ONX-700) and OneExpert HFC (ONX-720/ONX-730). These tools support testing of fiber, Ethernet, WiFi 7, and DOCSIS connections at speeds up to 10 Gbps in under one minute.

The weatherproof, IP54-rated devices feature OneCheck single-button testing, automatic pass/fail notifications, and pre-configured test profiles. They are compatible with VIAVI TPA (Test Process Automation) for standardized workflows and include modular design for future upgrades to support 25G and 50G service testing.

VIAVI Solutions (NASDAQ: VIAV) has announced a strategic partnership with CrowdStrike to integrate its Observer network observability platform with CrowdStrike Falcon® Next-Gen SIEM. The integration aims to provide enhanced visibility across security and IT operations for joint customers.

According to VIAVI's 2025/2026 State of the Network Study, while 79% of organizations are moving towards converged NetSecOps, only 27% have completed this transition. The partnership leverages VIAVI's high-fidelity forensic data capabilities and network performance intelligence combined with CrowdStrike's threat intelligence and AI-driven automation to accelerate customers' NetSecOps journey.

The integration will be showcased at CrowdStrike's Fal.Con conference in the U.S. and Europe.

Viavi Solutions (NASDAQ:VIAV) has announced private convertible exchange and subscription transactions totaling $250 million in new 0.625% Senior Convertible Notes due 2031. The transaction consists of $100.9 million in new notes exchanged for $97.5 million of existing 2026 Notes, and $149.1 million in new notes issued for cash.

The new notes will have a 0.625% annual interest rate, mature on March 1, 2031, and feature an initial conversion price of $13.79 per share, representing a 25% premium over the closing price. Additionally, VIAVI plans to repurchase $30 million of its common stock at $11.03 per share using cash on hand.

VIAVI (NASDAQ: VIAV) reported strong fiscal Q4 and full-year 2025 results, demonstrating significant growth across key metrics. Q4 net revenue reached $290.5 million, up 15.3% year-over-year, with GAAP operating margin improving 760 bps to 5.3%. Full-year revenue grew 8.4% to $1.08 billion, while GAAP net income surged 234.9% to $34.8 million.

The company saw stabilization in core businesses and accelerated growth in data center ecosystem and aerospace & defense segments. Network and Service Enablement revenue increased 10.6% annually, while Optical Security and Performance Products grew 3.1%. VIAVI maintains a strong financial position with $429.0 million in cash and investments, generating $89.8 million in operating cash flow for FY2025.

Looking ahead, VIAVI projects Q1 FY2026 revenue between $290-298 million with non-GAAP EPS of $0.13-0.14, anticipating continued positive momentum through calendar year 2025.