Viavi Solutions Inc Stock Price, News & Analysis

Viavi Solutions Inc. (VIAV) announced the launch of Auto-Test for L3Harris Technologies' XL Connect™ series radios, enhancing automated testing for public safety communications. The new applications ensure quick, precise alignment of radios, meeting L3Harris maintenance specifications. VIAVI's systems, including the 3920B Radio Test Platform and 8800SX Digital Radio Test Set, support various L3Harris radio models, reinforcing their leadership in network test solutions. This partnership aims to bolster communication reliability in mission-critical situations.

Viavi Solutions Inc. (VIAV) announced the launch of the 800G FLEX XPM Module, marking a significant advancement in optical networking technology. This integrated test product is designed for 800G transceivers utilizing 100G electrical lane speed, addressing the growing demand for higher network speeds amidst increasing data traffic. The module supports a variety of testing applications, enhancing manufacturers' capabilities to validate 800G optical modules. Viavi emphasizes its leadership in optical network testing to support rapid market adoption of these technologies.

Viavi Solutions Inc. (NASDAQ: VIAV) is set to participate in two upcoming virtual investor conferences. The Needham TMT Investor Conference will take place on May 20, 2021, featuring CEO Oleg Khaykin and CFO Henk Derksen from 12:45 PM to 1:25 PM ET. The Stifel Cross Sector Insight Investor Conference is scheduled for June 8, 2021, from 4:00 PM to 4:30 PM ET. A live webcast and replay will be accessible on Viavi's website. Viavi specializes in network test and monitoring solutions for various sectors.

VIAVI Solutions has launched the Fusion JMEP 10, a smart SFP+ transceiver designed for network testing and performance monitoring at up to 10 GbE. This product addresses the growing demand for 10 GbE in applications like 5G xHaul and Business Ethernet Services. The Fusion JMEP 10 simplifies deployment in existing ports and includes features for inline monitoring and micro-burst detection, enhancing network performance management. This innovation aligns with the shift towards more complex network architectures driven by increased data traffic demands.

VIAVI Solutions (NASDAQ: VIAV) announced significant updates to its Observer Platform on May 11, 2021, enhancing its network performance monitoring capabilities. The new Observer 18.3 version addresses challenges posed by increased remote work, focusing on proactive capacity planning and demand management. Key updates include intuitive capacity planning reports from Observer GigaFlow and a higher-capacity Observer Apex Enterprise appliance. These enhancements aim to improve IT resource visibility and performance management, helping teams manage network demands more effectively.

VIAVI reported strong results for Q3 fiscal 2021, with net revenue reaching $303.4 million, up 18.4% year-over-year. GAAP net income was $11.8 million or $0.05 per share, while non-GAAP net income came in at $42.3 million or $0.18 per share. The Network Enablement segment saw a 12.9% increase in revenue driven by Fiber, Cable, and Wireless. For Q4, VIAVI anticipates revenue between $290 million and $310 million, with non-GAAP EPS projected at $0.18 to $0.20.

Viavi Solutions Inc. (NASDAQ: VIAV) will release its fiscal third quarter 2021 financial results on May 4, 2021, post-market. This period ended on April 3, 2021. An earnings call is scheduled for 1:30 PM PDT (4:30 PM EDT), where a live webcast will be available on the company's investor relations website. The earnings press release, supplemental slides, and historical financial tables will also be accessible online. The conference ID for telephone participation is 8698331.

VIAVI Solutions released its 14th annual State of the Network global study, highlighting how organizations are adapting to post-pandemic challenges. Key findings reveal 60% of respondents plan to increase spending on technologies like SD-WAN and private 5G. IT teams report over 10 hours weekly managing collaboration tools due to a skills gap, with 90% of mid-size firms struggling to attract talent. Additionally, 87% of network operations teams now focus on security threat detection, influenced by recent cyberattacks like SUNBURST. The full study compiled insights from 794 industry professionals.

Expandium, a VIAVI Solutions company (NASDAQ: VIAV), has partnered with Cervello to enhance cybersecurity and predictive maintenance in the railway industry. This strategic alliance aims to provide advanced monitoring solutions for telecom and signaling systems, particularly ETCS, GSM-R, and Interlocking. The partnership addresses rising cyber threats amidst increasing digitalization in rail operations, ensuring improved security and reliability for operators. Both companies are committed to delivering scalable cybersecurity solutions, facilitating more efficient railway operations.