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) announced the launch of the first-ever 16-lane protocol analysis system for PCI Express® 5.0, designed for high-demand applications such as 400 Gigabit Ethernet and artificial intelligence. The Xgig 5P16 Protocol Analyzer operates at 32Gbps per lane, enhancing testing and validation capabilities. It features a chassis with 256GB of memory and supports upgrades for future capabilities. This innovation aims to assist component manufacturers in meeting the increasing bandwidth demands of advanced networking technologies.
On September 15, 2020, Viavi Solutions (NASDAQ: VIAV) announced that Nokia has validated its ONT 800G FLEX DCO Module, a crucial component for testing coherent optical modules. Nokia, a beta customer, provided feedback that led to the purchase of this module upon release. The collaboration enhances Nokia's coherent transport solutions, supporting faster technologies like 5G and reduces overall network costs. The ONT 800G FLEX DCO Module allows testing for both 400G class CFP2 DCO and QSFP-DD 400ZR modules, accelerating product development.
Viavi Solutions (VIAV) has launched a comprehensive VPN Management Solution to assist enterprises adapting to remote work. This suite encompasses validation, pre-deployment testing, monitoring, and troubleshooting, addressing challenges exposed by the rapid shift to remote operations. According to the Neustar International Security Council, 64% of companies faced network security disruptions, and 78% of corporate VPNs experienced connectivity issues. Viavi's solution aims to enhance user experience and operational visibility, crucial for the ongoing remote work trend.
Viavi Solutions Inc. (VIAV) announced the delivery of its 5G O-RAN fronthaul and optical transport testing solutions to China Mobile Research Institute. This collaboration aims to enhance performance validation as 5G deployments expand. VIAVI provided critical tools such as the ONT-800 Optical Network Tester and T-BERD/MTS-5800 for comprehensive testing. These advancements support China Mobile's goal of maintaining high-quality service as they implement next-generation 5G technologies.
Viavi Solutions Inc. (VIAV) announced a technology collaboration with Hubei W-OLF Photoelectric Technology Co., Ltd. to utilize VIAVI's patented low angle shift (LAS) filters in 3D sensing applications. This partnership aims to leverage both companies' strengths in the field of optical filters and 3D sensing technology. Hubei W-OLF is recognized as a leading supplier of optical filters in China. The terms of the collaboration remain confidential. VIAVI continues to establish its position as a leader in thin film optical coatings, aiming for growth through engagement with major customers and ecosystem partners.
Viavi Solutions (VIAV) announced the acquisition of Expandium, enhancing its network assurance portfolio with cloud-native solutions. This acquisition aligns with industry trends towards virtualization, as major service providers report significant network virtualization. Expandium brings advanced technologies, including machine learning and pattern detection, to support 5G initiatives. This strategic move is expected to bolster VIAVI's capability in delivering innovative assurance solutions across diverse networks, addressing challenges in wireless and wireline frameworks.
VIAVI reported its fourth fiscal quarter results for the period ending June 27, 2020, with net revenue of $266.6 million, up 4.1% from the previous quarter but down 8.0% year-over-year. GAAP net income reached $26.7 million or $0.12 per share, a significant improvement from a loss of $32.8 million in Q3. Non-GAAP net income was $40.8 million or $0.18 per share. The company sees potential growth driven by 5G demand despite macroeconomic uncertainties. For Q1 FY 2021, guidance suggests revenue between $258 million and $282 million, with non-GAAP EPS of $0.14 to $0.16.
Viavi Solutions (VIAV) announced the launch of the Xgig 5P8 Analyzer Platform for PCI Express (PCIe) 5.0, providing a significant upgrade to validate performance for equipment manufacturers. This platform allows data transmission speeds of up to 32 GT/s per lane, catering to emerging applications in AI and IoT. The Xgig 5P8 features advanced protocol analysis, 128 GB of memory, and compatibility with PCIe 4.0. With its robust capabilities, it aims to support the industry's demand for higher performance and faster debugging.
Viavi Solutions (VIAV) and VeEX Inc. have entered a patent license and supply agreement concerning cable leakage and pressure testing. VeEX will distribute the VIAVI Seeker HL Source Transmitter paired with a VeEX receiver like the CX310 for detecting cable signal leakage. The Seeker HL technology efficiently reveals unwanted signal leakage issues in home coaxial networks, thereby assisting technicians in identifying faults more quickly. Specific terms of the agreement remain confidential.
Viavi Solutions Inc. (VIAV) announced enhancements to its RF field test portfolio aimed at accelerating the deployment of 5G and LTE networks. This update addresses the rising demand for mobile data by providing service providers with advanced tools to manage network performance and reduce operating costs. Key products include the CellAdvisor 5G, which now supports Dynamic Spectrum Sharing (DSS), and the OneAdvisor-800, a multifunctional installation tool. These enhancements are designed to simplify troubleshooting and improve service quality as providers build denser networks.