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.
Viavi Solutions Inc. reports developments in test, monitoring, assurance and optical technologies used across communications networks, data center ecosystems, aerospace, defense, industrial and automotive markets. Company updates commonly cover quarterly results, demand trends in data center and aerospace and defense end markets, and product launches for network validation, application performance testing, optical communications and resilient position, navigation and timing.
Recurring product news includes CyberFlood security and application performance appliances, Xgig protocol analysis tools for PCIe ecosystems, OneAdvisor transport validation platforms, Observer NetSecOps forensics, Secure µPNT timing receivers, and Inertial Labs geospatial and 3D modeling products such as PCMasterPro and RESEPI.
VIAVI Solutions (NASDAQ: VIAV) has unveiled new capabilities for its Optical Network Monitoring Solutions (ONMS), enhancing remote testing and monitoring for fiber networks crucial to 5G, PON, and data centers. Key features include the patented Flash Fiber Monitoring, which detects network issues 100-300 times faster than existing methods, and new iOTDR Micro and Nano cards that streamline integration for network equipment manufacturers. These innovations aim to reduce downtime and maintenance costs, improving network performance and reliability.
VIAVI Solutions Inc. (NASDAQ: VIAV) has launched the mOSA Module, enhancing its Multiple Application Platform (MAP) Optical Manufacturing Test system. This new module offers improved optical spectrum analysis, a 30% increase in measurement resolution, and significantly reduces system footprint by up to six rack units. The mOSA Module complements VIAVI's existing optical testing solutions and addresses the growing demand for precision in optical communications manufacturing. This innovation aims to provide scalability, efficiency, and cost-effectiveness in testing environments.
Viavi Solutions (VIAV) announced the launch of the TeraVM O-CU Tester on AWS Outposts, the first industry solution for O-RAN Central Unit testing on AWS Managed Services. This deployment is vital for validating 5G services and ensuring performance at the network edge. With the rise of applications needing ultra-low latencies, such as autonomous vehicles and smart cities, this development supports service providers in optimizing their investments in 5G technology. The O-CU Tester ensures compliance with 3GPP standards and interoperates with 5G and O-RAN network components.
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.