Welcome to our dedicated page for Viavi Solutions news (Ticker: VIAV), a resource for investors and traders seeking the latest updates and insights on Viavi Solutions stock.
News and filings describe Viavi Solutions Inc. (NASDAQ: VIAV) as a global provider of network test, monitoring and assurance solutions and a developer of light management technologies for 3D sensing, anti-counterfeiting and other optical applications. The VIAV news stream highlights how the company’s technologies support telecommunications, cloud, enterprises, first responders, military, aerospace and railway organizations.
On this page, readers can follow VIAV news related to earnings announcements, product introductions, partnerships and capital structure updates. Recent releases include schedules and results for fiscal quarters, details of a share exchange for convertible senior notes, and commentary on demand trends from the data center ecosystem and aerospace and defense customers. They also cover the closing of the acquisition of Spirent Communications plc’s high-speed ethernet, network security and channel emulation testing business.
Product and technology news includes enhancements to the XEdge edge monitoring and assurance platform for private 4G, 5G and Wi‑Fi networks, the integration of RF Viewer augmented reality into the OneAdvisor 800 Wireless test platform, and the launch of a hollow core fiber bidirectional testing and certification solution hosted on the OneAdvisor 800 Fiber platform. Additional stories describe Open RAN pre‑certification testbeds developed with Calnex, the T/Rx Software‑Defined Transceiver System for electronic warfare environments, and a partnership with QNu Labs to advance quantum‑safe network security.
Investors and industry observers can use this VIAV news page to review how the company communicates its financial performance, network and optical technology roadmap, strategic partnerships and acquisitions over time.
Viavi Solutions (VIAV) announced support for NTT DOCOMO’s 5G Open RAN Ecosystem (OREC), enhancing global connectivity. NTT DOCOMO has utilized Viavi's TM500 Network Tester for comprehensive testing since 3G to 5G. The OREC initiative, which launched in 2021, has expanded to 13 partners, aiming to facilitate remote access for international mobile operators to validate virtualized RAN technology. Viavi's test suite ensures robust end-to-end testing to meet diverse operational requirements.
Viavi Solutions Inc. (NASDAQ: VIAV) will participate in the upcoming Rosenblatt Securities Technology Summit, a virtual conference scheduled for June 10, 2022, from 1:00 PM to 1:45 PM ET. CFO Henk Derksen will represent the company. Investors can view the live webcast and replay on the company’s website under the 'Events and Presentations' section. Viavi specializes in network test, monitoring, and assurance solutions and is a leader in light management solutions for various industries including automotive and defense.
Viavi Solutions (NASDAQ: VIAV) launched the ApexNow application, enhancing integration with ServiceNow ITOM. This app allows IT teams to access the patented End User Experience scoring model, accelerating problem resolution across various domains. The platform addresses the challenges of remote work and skills gaps in IT operations. The collaboration is aimed at improving efficiency for enterprises managing network complexity and security threats. The ApexNow app can be accessed via the ServiceNow Store, signifying a significant step in Viavi's ongoing partnership with ServiceNow.
Viavi Solutions Inc. (VIAV) received IATF 16949:2016 certification for its optical filters produced at the Suzhou, China facility, marking a significant achievement in automotive quality standards. This certification underscores Viavi's commitment to supporting Tier 1 automotive suppliers, having produced over 200 million optical filters since 2012 for automotive LiDAR applications. The filters enhance LiDAR systems' signal-to-noise ratio by up to 150%, which is vital for improving safety in autonomous and semi-autonomous vehicles.
Viavi Solutions (NASDAQ: VIAV) has been selected by Open Fiber to provide a centralized optical test solution as part of Open Fiber's initiative to achieve full ultra-broadband coverage in Italy. The initiative aims to serve around 24 million households, facilitating high-speed connectivity through a €15 billion investment, including a €7.2 billion loan. Viavi's Optical Network Measurement System (ONMSi) will streamline network management and support quality assurance throughout the deployment lifecycle, enhancing efficiency and reducing activation times.
VIAVI reported third quarter results for fiscal 2022, achieving net revenue of $315.5 million, a 4.0% increase from the previous year. GAAP operating margin rose to 12.9%, while non-GAAP EPS saw a significant lift to $0.22, up 22.2% year-over-year. The company exceeded revenue guidance of $301 to $315 million. Management anticipates sustaining revenue growth through fiscal 2022, having redeemed $50 million in convertible notes, improving financial flexibility.
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VIAVI Solutions (NASDAQ: VIAV) has launched the ALT-9000, a universal radio altimeter (RADALT) flight line test set. This innovative product enhances testing capabilities for modern RADALTs with complex waveforms, crucial for aviation safety and security. The ALT-9000 employs fiber optic delay in traditional RF testing, making it compatible with all RADALT types on the market. With increased demand for safety in aviation post-pandemic, the ALT-9000 aims to support aircraft operators and manufacturers in efficient system testing, thereby reducing costs and operational disruptions.
VIAVI Solutions Inc. (VIAV) has been selected by Rakuten Symphony to utilize its TM500 Network Tester for validating performance across their solutions from lab to field. This collaboration aims to enhance the resolution of operational issues, facilitating faster deployments in urban networks. With 85% of network equipment manufacturers using TM500 for gNodeB development, VIAVI offers critical capabilities for testing 5G features and ensuring compliance with 3GPP specifications. The partnership exemplifies a shift towards Open RAN and emphasizes the importance of rigorous testing in evolving telecommunications.
Viavi Solutions Inc. (NASDAQ: VIAV) is set to announce its fiscal Q3 2022 financial results on May 3, 2022, after market close. The results will cover the period ending April 2, 2022. An earnings call will follow at 1:30pm PT / 4:30pm ET, with a webcast available on the company's investor relations website. Investors can access the quarterly earnings press release and supplementary materials in the 'Quarterly Results' section. Viavi is a leader in network test, monitoring, and assurance solutions.