Every 8-K that Viavi Solutions Inc. (VIAV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VIAV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VIAV filings page.
Viavi Solutions reported preliminary strong results for the fiscal fourth quarter and year ended June 27, 2026. Q4 net revenue was $443.1 million, up 52.5% year-over-year, with GAAP operating margin of 13.8% and non-GAAP operating margin of 24.0%. Q4 GAAP net income was $32.7 million and non-GAAP net income was $89.1 million, translating to GAAP diluted EPS of $0.13 and non-GAAP diluted EPS of $0.34.
For fiscal 2026, net revenue reached $1.5 billion, up 40.0% year-over-year. GAAP operating margin was 6.9%, while non-GAAP operating margin improved to 20.6%. The company recorded a GAAP net loss of $30.4 million but delivered non-GAAP net income of $243.8 million, or non-GAAP EPS of $1.00. Network and Service Enablement revenue grew 52.3% to $1,182.9 million, and Optical Security and Performance Products grew 9.0% to $335.4 million.
As of June 27, 2026, Viavi held $656.7 million in total cash, short-term investments and short-term restricted cash, against senior notes with a total net carrying value of $641.9 million. Fiscal 2026 operating cash flow was $113.9 million, and adjusted EBITDA was $352.5 million. The company updated its non-GAAP methodology to exclude employer payroll taxes related to stock-based compensation and issued guidance for first-quarter fiscal 2027 net revenue of $450–$460 million and non-GAAP EPS of $0.40–$0.42.
Viavi Solutions Inc. entered into an underwriting agreement for a public stock offering of 11,111,111 common shares at $45.00 per share, with underwriters exercising a 30‑day option to buy an additional 1,666,666 shares in full. The company expects approximately $557.2 million in net proceeds, and currently plans to use this to repay $450 million outstanding under a 7‑year term loan facility entered in March 2025, with any remaining funds for working capital and general corporate purposes. Viavi, its executives and directors agreed to customary 60‑day lock‑up arrangements that limit additional share sales.
Viavi Solutions Inc. reported board-level governance changes focused on committee leadership and composition. Effective May 12, 2026, independent director Joanne Solomon was appointed Chair of the Audit Committee, replacing Donald Colvin, who remains an independent director and Audit Committee member.
The Board states Mr. Colvin’s decision to step down as chair was not due to any disagreement regarding the company’s operations, policies, or practices, and that the move supports board refreshment and succession planning. Ms. Solomon has served on the Board and Audit Committee since February 2022 and is designated an “audit committee financial expert.”
On the same date, the Board appointed independent director Doug Gilstrap to the Corporate Development Committee. Mr. Gilstrap, who joined the Board in November 2022, also serves on the Compensation Committee. These changes adjust committee responsibilities while maintaining overall board continuity.
VIAVI Solutions reported strong preliminary results for its fiscal third quarter ended March 28, 2026. Net revenue was $406.8 million, up 42.8% year-over-year, driven by growth in data center and aerospace and defense markets. GAAP operating margin improved to 6.1%, while non-GAAP operating margin rose to 21.0%.
GAAP net income was $6.4 million, down 67.2% from the prior-year quarter, with GAAP diluted EPS of $0.03. On a non-GAAP basis, net income was $67.6 million, up 99.4%, and non-GAAP diluted EPS was $0.27, up 80.0%. Adjusted EBITDA reached $95.5 million.
Network and Service Enablement revenue grew to $321.5 million, up 54.4% year-over-year, and Optical Security and Performance Products revenue was $85.3 million, up 11.4%. As of March 28, 2026, VIAVI held $508.0 million in cash, short-term investments and restricted cash, against $1,080.8 million of senior notes and term loan debt.
Operating activities used $26.3 million of cash in the quarter, primarily due to contingent consideration payments. For the fourth quarter of fiscal 2026, VIAVI expects net revenue between $427 million and $437 million and non-GAAP EPS between $0.29 and $0.31.
Viavi Solutions Inc. disclosed a new restructuring plan alongside preliminary results for its fiscal second quarter ended December 27, 2025. The company furnished a press release with its preliminary quarterly results as an exhibit.
On January 23, 2026, Viavi approved a global restructuring plan aimed at improving operational efficiency, aligning its workforce with current business needs and strategic growth areas, and integrating recently acquired businesses. The plan includes a worldwide workforce reduction, facilities rationalization, and asset write-offs, with approximately 5% of the global workforce expected to be affected.
Viavi estimates total charges of about $32 million, including roughly $24 million of cash expenditures primarily for employee severance and related costs. Most charges are expected to be recognized by the end of June 2026, with the plan substantially completed by the end of calendar 2026. Upon completion, the company anticipates approximately $30 million in annualized cost savings, though actual amounts and timing may differ from these initial estimates.
Viavi Solutions Inc. entered into privately negotiated agreements to exchange $103.463 million aggregate principal amount of its 1.625% Convertible Senior Notes due 2026 for 7,871,043 shares of common stock at $17.88 per share with certain institutional holders. The exchange is expected to close on or about December 22, 2025, leaving approximately $49.037 million principal amount of these notes outstanding.
The company will not receive cash proceeds, because noteholders are swapping existing debt for equity. The shares issued in the exchange are expected to be offered in reliance on the Section 4(a)(2) exemption from registration under the Securities Act, based in part on representations made by the participating holders.
Viavi Solutions Inc. reported the results of its 2025 Annual Meeting of Stockholders held on November 12, 2025. Stockholders representing about 205.7 million shares, or roughly 92% of outstanding common stock on the record date, were present in person or by proxy. All nine director nominees received strong majority support and were elected to serve until the 2026 annual meeting.
Stockholders ratified the appointment of PricewaterhouseCoopers LLP as independent auditor for fiscal 2026 and approved, on an advisory basis, the compensation of the company’s named executive officers. They also approved an amendment and restatement of the 2003 Equity Incentive Plan. In addition, stockholders approved amendments to the company’s Certificate of Incorporation to add an officer exculpation provision permitted under Delaware law, and the amended and restated charter became effective upon filing with the State of Delaware on November 13, 2025.
Viavi Solutions Inc. (VIAV) filed an 8-K announcing it has reported preliminary results for its fiscal first quarter ended September 27, 2025. The company furnished a press release titled “VIAVI Announces First Quarter Fiscal 2026 Results,” attached as Exhibit 99.1 and dated October 29, 2025.
The company states that the information under Item 2.02 and Exhibit 99.1 is furnished, not filed, under the Exchange Act, is not subject to Section 18 liabilities, and is not incorporated by reference into other filings except as specifically referenced.
Viavi Solutions Inc. closed its acquisition of Spirent’s high-speed ethernet, network security and channel emulation testing business from Keysight. To fund a portion of the deal and related costs, Viavi entered a new $600 million senior secured term loan maturing on October 16, 2032, borrowed in full at closing and secured by substantially all assets of Viavi and certain domestic subsidiaries.
The loan bears interest at Term SOFR + 2.50%/2.25% or a base rate + 1.50%/1.25%, depending on a first lien leverage ratio threshold of 0.90 to 1.00. Principal amortizes 1% per year in quarterly payments starting March 31, 2026, with a 1% prepayment premium on certain repricings within six months. Mandatory prepayments apply upon specified asset sales, excess cash flow and unpermitted debt.
Viavi also amended its revolving credit facility, reducing capacity from $300 million to $200 million and extending maturity to the earlier of October 16, 2030 or a springing date tied to existing notes.
Viavi Solutions Inc. filed an 8-K reporting a material event and furnished two exhibits: an indenture dated August 20, 2025 between the company and U.S. Bank Trust Company, National Association as trustee, and the form of 0.625% Senior Convertible Notes due 2031 (included as part of the indenture). The filing lists the company’s principal contact information and is signed by Ilan Daskal, Chief Financial Officer, as the duly authorized officer. The exhibits indicate the company has documented the legal framework and the note terms for a convertible debt instrument carrying a stated interest rate of 0.625% and a 2031 maturity.
Viavi Solutions Inc. entered into privately negotiated exchange and subscription agreements to issue $250 million aggregate principal amount of new 0.625% Senior Convertible Notes due 2031. The deal includes about $100.9 million of new notes issued in exchange for approximately $97.5 million of its 1.625% Senior Convertible Notes due 2026 and about $149.1 million of new notes sold for cash to institutional investors under Securities Act exemptions. The company will cancel the exchanged 2026 notes and receive gross cash proceeds of about $149.1 million before fees. The new notes are convertible into cash and, if applicable, common stock at an initial rate of 72.5295 shares per $1,000 principal (a conversion price of roughly $13.79 per share, a 25% premium to the $11.03 closing price on August 13, 2025), with a current maximum of 22,665,450 shares issuable upon conversion.
Viavi Solutions Inc. amended a prior report to update the roles of two recently appointed independent directors. The Board appointed Richard Burns to the Compensation Committee. Eugenia Corrales was appointed to the Audit Committee and the Cybersecurity Steering Committee, with all appointments effective August 13, 2025.
The Board determined that both directors are independent under Securities and Exchange Commission and Nasdaq rules. It also concluded that Eugenia Corrales qualifies as an audit committee financial expert under Regulation S-K, reinforcing the Board’s financial oversight and cybersecurity governance capabilities.
Viavi Solutions Inc. agreed to issue $250 million aggregate principal amount of 0.625% Senior Convertible Notes due 2031, consisting of approximately $100.9 million of New Notes exchanged for about $97.5 million principal amount of its existing 1.625% Senior Convertible Notes due 2026 and approximately $149.1 million of New Notes sold for cash. After the Exchange Transactions, approximately $152.5 million principal amount of the 2026 Notes will remain outstanding.
The company expects to use net proceeds from the Subscription Transactions to repay a portion of the 2026 Notes upon maturity and expects the Transactions to close on or about August 20, 2025. In connection with the issuance of the New Notes, the company expects to repurchase approximately $30 million of common stock at $11.03 per share and the placement agent intends to purchase about $25 million of shares at a 5% discount to that price. Forms of the agreements and a press release are filed as exhibits.