Overview

* Viavi fiscal Q4 revenue up 15.3% yr/yr, beating analyst expectations, per LSEG data

* Non-GAAP EPS for fiscal Q4 rises 62.5% yr/yr

* Growth driven by data center and aerospace & defense segments

Outlook

* Viavi expects Q1 fiscal 2026 revenue between $290 mln and $298 mln

* Company projects Q1 fiscal 2026 non-GAAP EPS of $0.13 to $0.14

Result Drivers

* DATA CENTER GROWTH - High growth in data center ecosystem accelerated recovery, per CEO Oleg Khaykin

* AEROSPACE & DEFENSE - Aerospace & defense segments contributed significantly to fiscal Q4 growth

* BUSINESS STABILIZATION - Stabilization in service provider test and measurement segment and optical security pigments supported revenue increase

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Beat $290.50 $285.20

Revenue mln mln (7

Analysts

)

Q4 EPS $0.04

Q4 Gross 56.3%

Margin

Q4 14.4%

Adjusted

Operatin

g Margin

Q4 5.3%

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the communications & networking peer group is "buy"

* Wall Street's median 12-month price target for Viavi Solutions Inc ( VIAV ) is $12.00, about 16.3% above its August 6 closing price of $10.04

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)