STOCK TITAN
  1. Home
  2. News
  3. VIAV

Viavi Solutions Inc. - VIAV STOCK NEWS

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. (NASDAQ: VIAV) is a global leader in providing network test, monitoring, and assurance solutions. The company caters to a broad array of customers including telecommunications service providers, enterprises, network equipment manufacturers, and various governmental and military entities. Viavi's innovative software and hardware platforms offer end-to-end visibility across physical, virtual, and hybrid networks, delivering precise intelligence and actionable insights that enhance the service experience, boost customer loyalty, increase profitability, and accelerate transitions to next-generation technologies.

In addition to its core networking solutions, Viavi excels in anti-counterfeiting technologies for currency authentication and produces advanced optical components for a wide range of applications across industries such as electronics, automotive, aerospace, and defense. The company's operations are divided into three main segments: Network Enablement, Service Enablement, and Optical Security and Performance Products.

Recently, Viavi has made significant strides in 6G and AI research through its 6G Forward Program, collaborating with Northeastern University's Institute for Wireless Internet of Things. This partnership focuses on developing a city-scale digital twin of a 6G network using AI and ML technologies. The company has also introduced performance testing capabilities for Post-Quantum Cryptography (PQC) system deployments, addressing emerging security threats posed by quantum computing.

Other notable updates include Viavi joining the Strategic Board of the OpenAirInterface Software Alliance to advance open-source initiatives within the telecommunications industry and the launch of their altGNSS GEO SecureTime services, which provide nanosecond-accurate UTC timing for critical infrastructure independently of traditional GPS and GNSS.

Financially, Viavi reported a net revenue of $246.0 million for the third fiscal quarter of 2024, with ongoing challenges in the service provider and enterprise segments. Despite these hurdles, the company remains committed to innovation and collaboration, continually evolving to meet the demands of the ever-changing technology landscape.

News

VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security Solutions for Research and Development Labs, Service Providers, Data Centers and Mission-Critical Infrastructure

Rhea-AI Summary
VIAVI Solutions and Spirent Communications plc have agreed on a cash offer for Spirent, valued at approximately $1,277 million. The Acquisition aims to combine their product portfolios for networking and mission-critical applications, including 5G and 6G wireless infrastructure. The deal is expected to result in annual cost synergies of up to $75 million and includes a $400 million strategic investment from Silver Lake.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.54%
Tags
acquisition
-
News

VIAVI Adds Critical Traffic Visibility to Observer Sentry Threat Exposure Management

Rhea-AI Summary
VIAVI Solutions Inc. enhances its Observer Sentry Software-as-a-Service with traffic analysis capabilities to identify and prioritize threats effectively, providing critical traffic visibility for enterprises managing multiple AWS accounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
none
-
News

VIAVI and Broadcom Expand RIC Testbed as a Service to Advance Digital Twin Environments

Rhea-AI Summary
VIAVI Solutions Inc. announces enhanced capabilities of Testbed as a Service (TBaaS) with VMware, acquired by Broadcom, creating a Digital Twin for network evaluation. The joint solution accelerates deployment and agility, crucial in today's network landscape. TBaaS, validated at i14y Lab, offers a cloud-based Digital Twin to streamline evaluation, deployment, and secure operations for communication service providers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
none
News

MWC Barcelona: VIAVI to Demonstrate AI, Cloud & Open Network Optimization With More Than 20 Industry Partners

Rhea-AI Summary
Viavi Solutions Inc. (VIAVI) to showcase test, automation, and optimization solutions with 20+ partners at MWC Barcelona, emphasizing its role in the industry ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
AI
-
News

VIAVI Xgig® Exerciser Approved for CXL 1.1 Gold Suite Compliance Testing

Rhea-AI Summary
VIAVI Solutions Inc. receives recognition for its Xgig CXL Exerciser as a CXL 1.1 Gold device, enhancing the development and testing of high-speed computing applications. The approval from the CXL Consortium allows VIAVI to certify devices for the CXL Integrators List, ensuring protocol compliance and successful product rollouts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
none
-
News

At MWC Barcelona, VIAVI Will Showcase Solutions to Optimize Networks In The Age of AI and The Cloud

Rhea-AI Summary
Viavi Solutions Inc. (VIAVI) to showcase network test solutions at MWC Barcelona, highlighting advancements in network technology, 5G to 6G transition, and Open RAN deployments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.61%
Tags
AI
News

Claro Colombia Selects TCS and VIAVI Partnership to Improve Customer Service Using AI-Based Technology

Rhea-AI Summary
Tata Consultancy Services (TCS) and VIAVI Solutions (NASDAQ: VIAV) have partnered to provide AI-based solutions to Claro Colombia's Service Operations Center (SOC). The project aims to enhance Claro's customer-centric strategy by redesigning the SOC for real-time network monitoring of fixed and mobile services. The solution, based on VIAVI NITRO® AIOps and TCS's 4.0 business model, enables early detection and prevention of service issues, which will be demonstrated at Mobile World Congress in Barcelona. The partnership will bring immediate benefits to Claro and its subscribers by implementing new AI/ML solutions and techniques to improve the end-to-end performance of services, with a focus on optimizing the experience of voice and data customers on Claro Colombia's mobile network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
partnership AI
-
News

VIAVI ANNOUNCES SECOND QUARTER FISCAL 2024 RESULTS

Rhea-AI Summary
VIAVI reported a net revenue of $254.5 million for the second fiscal quarter, down 10.5% year-over-year. GAAP operating margin was 8.8%, up 80 bps year-over-year, while non-GAAP operating margin was 13.2%, down 300 bps year-over-year. GAAP diluted EPS was $0.05, up 25.0% year-over-year, and non-GAAP diluted EPS was $0.11, down 21.4% year-over-year. The company's President and CEO, Oleg Khaykin, expressed optimism about stronger demand in certain segments offsetting continued weakness in Service Provider spend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.53%
Tags
earnings
-
News

VIAVI Announces Date for Fiscal Second Quarter 2024 Financial Results

Rhea-AI Summary
Viavi Solutions Inc. (VIAV) will announce its fiscal second quarter 2024 financial results on February 1, 2024, after the close of market. The Company will host an earnings call at 1:30 p.m. PST / 4:30 p.m. EST. A live webcast of the call and the replay will be available on the VIAVI website. Quarterly earnings press release, supplementary slides, and historical financial tables will be posted under the 'Quarterly Results' section.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
earnings
News

U.S. NTIA Awards Funding to VIAVI Automated Lab-as-a-Service for Open RAN

Rhea-AI Summary
Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) has been awarded a $21.7 million grant from the U.S. National Telecommunications and Information Administration (NTIA) for the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR). This grant aims to support 5G and Open RAN projects, providing access to tools, expert staff, and comprehensive testing capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none

FAQ

What is the current stock price of Viavi Solutions (VIAV)?

The current stock price of Viavi Solutions (VIAV) is $9.22 as of October 31, 2024.

What is the market cap of Viavi Solutions (VIAV)?

The market cap of Viavi Solutions (VIAV) is approximately 2.1B.

What does Viavi Solutions Inc. specialize in?

Viavi Solutions Inc. specializes in network test, monitoring, and assurance solutions, as well as anti-counterfeiting technologies and advanced optical components.

What are Viavi's core business segments?

Viavi's operations are divided into three main segments: Network Enablement, Service Enablement, and Optical Security and Performance Products.

How is Viavi involved in 6G research?

Viavi is actively involved in 6G research through its 6G Forward Program, collaborating with Northeastern University to develop a city-scale digital twin of a 6G network using AI and ML technologies.

What recent advancements has Viavi made in cryptography?

Viavi has introduced performance testing capabilities for Post-Quantum Cryptography (PQC) system deployments to address security threats posed by quantum computing.

What is Viavi's altGNSS GEO SecureTime service?

Viavi's altGNSS GEO SecureTime service provides nanosecond-accurate UTC timing for critical infrastructure independently of traditional GPS and GNSS, enhancing resilience against jamming and spoofing.

How did Viavi perform financially in the third fiscal quarter of 2024?

Viavi reported a net revenue of $246.0 million for the third fiscal quarter of 2024, with a GAAP net loss of $(24.6) million.

Who are Viavi's primary customers?

Viavi serves telecommunications service providers, enterprises, network equipment manufacturers, civil government, military, and avionics customers.

In what industries does Viavi provide optical components?

Viavi provides high-performance thin-film optical coatings for industries such as anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation.

What role does Viavi play in the OpenAirInterface Software Alliance?

Viavi has joined the Strategic Board of the OpenAirInterface Software Alliance to advance open-source initiatives within the telecommunications industry.

What are the benefits of Viavi's network visibility solutions?

Viavi's network visibility solutions offer precise intelligence and actionable insights that enhance customer service experiences, improve profitability, and facilitate transitions to next-generation technologies.

Stock VIAV logo
Viavi Solutions Inc.

Nasdaq:VIAV

VIAV Rankings

#1922 Ranked by Market Cap
N/A Ranked by Dividends

VIAV Stock Data

2.08B
223.24M
1.39%
95.28%
1.79%
Communication Equipment
Semiconductors & Related Devices
Link
United States of America
CHANDLER