Viavi Solutions Reports Strong Q2 2026 Earnings with Growth Momentum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Significant Revenue Growth: Viavi Solutions reported net revenue of $369.3 million for Q2, exceeding the high end of guidance, reflecting a 23.5% sequential increase and a 36.4% year-over-year growth, driven by strong demand in data center and defense markets.
- Earnings Per Share Beat: The EPS of $0.22 surpassed the high end of guidance at $0.20, marking a $0.07 sequential increase, indicating sustained profitability and enhanced market confidence.
- Restructuring Plan Implementation: The company plans to impact approximately 5% of its global workforce, with estimated restructuring charges of $32 million and annual savings of about $30 million, which will be reinvested into high-growth areas to further drive business development.
- Optimistic Outlook: The CFO guided for Q3 revenue between $386 million and $400 million, showcasing the company's confidence in future growth, particularly with the ongoing strong demand in the data center ecosystem.
Analyst Views on VIAV
Wall Street analysts forecast VIAV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for VIAV is 19.56 USD with a low forecast of 17.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 20.700
Low
17.00
Averages
19.56
High
23.00
Current: 20.700
Low
17.00
Averages
19.56
High
23.00
About VIAV
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. The Company's segments include Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. Its solutions address lab and production environments, network management, service assurance and artificial intelligence for IT operations (AIOps) for any kind of network, including wireless, wireline, cloud, satellite, public safety, military and critical infrastructure. The OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture and sell technologies for the anti-counterfeiting, three-dimensional (3D) sensing, government and aerospace, automotive and industrial markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
