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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.
VIAVI Solutions (NASDAQ: VIAV) announced successful testing of Battelle RavenStar™ Active Antenna System at VALOR™, their Automated Lab-as-a-Service for Open RAN in Chandler, Arizona. RavenStar, an ultra-wideband steerable radio unit with integrated antenna, achieved 99% of theoretical uplink and downlink throughput during Open Radio Unit testing.
VALOR, funded by NTIA's Public Wireless Supply Chain Innovation Fund and opened in October 2024, provides accessible testing capabilities through a 'pay-as-you-go' model, particularly benefiting new entrants and startups seeking U.S. certification. The RavenStar technology, designed and manufactured in the U.S., offers reduced total cost of ownership through lower power consumption and enhanced network capacity with massive MIMO.
The successful testing validates Open RAN readiness for deployment and demonstrates VALOR's efficient architecture, capable of integrating with devices under test within hours.
VIAVI Solutions (NASDAQ: VIAV) announced its participation at MWC Barcelona 2025 (March 3-6), where it will showcase advanced network optimization technologies. The company will demonstrate innovations across multiple domains including 6G Forward initiatives, AI-driven digital twins, Non-Terrestrial Network validation, and quantum security testing.
Key showcases include energy-efficient neuromorphic receivers for 6G, advanced MIMO testing capabilities for 5G and Open RAN, NTN digital twin testbed solutions, and the NITRO® AIOps platform for automated network management. VIAVI will also demonstrate its TeraVM Security Test for Post-Quantum Cryptography and showcase real-time Open RAN testing from its VALOR™ Lab.
VIAVI Solutions (NASDAQ: VIAV) has successfully validated the over-the-air (OTA) performance of Nokia's Massive MIMO radio operating in the upper 6 GHz frequency band. This testing, important for 5G-Advanced and 6G networks, was conducted at Nokia's Otava lab in Oulu, Finland.
The validation utilized VIAVI's NITRO® Wireless test portfolio, including the TM500 Network Tester and OneAdvisor 800 spectrum analyzer, to test Nokia's 128TRX Massive MIMO radio based on their AirScale Habrok platform. The tests focused on spectrum analysis, peak throughput validation, and performance testing with multiple emulated User Equipment (UEs).
This development is significant as operators will need to increase their TDD mid-band spectrum holdings, with the upper 6 GHz spectrum potentially offering 200 MHz of mid-band TDD spectrum per operator, as agreed at the World Radio Conference 2023.
VIAVI Solutions (NASDAQ: VIAV) has launched the EdgeGM™ 7000, a new Edge Grandmaster Clock that enhances its SecurePNT™ portfolio. The device features up to 25G Precision Time Protocol (PTP) and multi-orbit SecureTime altGNSS capabilities, designed to protect critical infrastructure operations worldwide.
The EdgeGM 7000 addresses vulnerabilities in GPS and GNSS signals that critical networks rely on for data synchronization. It offers multisource assurance by combining signals from various satellite constellations across MEO, GEO, and LEO orbits. The product comes in a compact half 19" wide and 1U height rack-mountable unit with scalable software options, allowing upgrades from 1/10G to 25G PTP through licensing.
The solution exceeds Level 4 PNT resiliency as specified in IEEE P1252 standard and includes PTP profiles for telecommunications, enterprise, and power industries. VIAVI will showcase the EdgeGM 7000 at MWC Barcelona from March 3-6, 2025.
VIAVI Solutions Inc. (NASDAQ: VIAV) has launched XEdge, the industry's first comprehensive solution for continuous edge network testing and monitoring at scale. The cloud-based platform combines a centralized controller with versatile devices, offering advanced automation and user-friendly analytics for managing complex wireless technologies.
The XEdge system features a unified web-based interface for on-site or remote operations, supporting multi-SIM functionality, built-in sensors, and autonomous testing. It can be deployed in cloud, on-premises, or hybrid models, integrating seamlessly with existing systems through REST API.
The solution supports multiple standalone and non-standalone 5G NR, LTE-FDD/TDD, LAA bands, and interfaces for Wi-Fi, cellular, Ethernet, and USB/USB-C. XEdge complies with FCC Part 15 and holds IC and CE certifications, making it suitable for various industries including public safety networks and transportation communications.
VIAVI (NASDAQ: VIAV) reported strong Q2 FY2025 results with net revenue of $270.8 million, up 6.4% year-over-year. The company's non-GAAP operating margin improved to 14.9%, while GAAP operating margin slightly decreased to 8.2%. Non-GAAP net income grew 24.1% to $29.4 million, with diluted EPS reaching $0.13.
Network Enablement segment showed significant growth of 15.1% year-over-year, while Service Enablement and Optical Security segments declined by 13.3% and 5.3% respectively. The company maintained a strong cash position of $512.8 million and generated $44.7 million in operating cash flow during the quarter.
Looking ahead, VIAVI projects Q3 FY2025 revenue between $276-288 million with non-GAAP EPS of $0.10-0.13. The company also completed the acquisition of Inertial Labs, Inc. on January 28, 2025.
Viavi Solutions (NASDAQ: VIAV) has scheduled its fiscal second quarter 2025 financial results announcement for Thursday, January 30, 2025, after market close. The results will cover the period ended December 28, 2024. The company will host an earnings conference call at 1:30 p.m. PST / 4:30 p.m. EST.
The earnings presentation will include the quarterly earnings press release, supplementary slides, and historical financial tables, all of which will be available on the company's investor relations website. Investors can participate via telephone using toll-free and toll dial-in numbers, and a replay of the call will be available until February 6, 2025.
VIAVI Solutions has launched the TeraVM AI RAN Scenario Generator (AI RSG), an evolution of their RIC Test platform. The AI RSG creates a RAN digital twin that replicates real-world conditions in lab settings, supporting Software Solutions for Industry Verticals and Integration Automation.
The system can simulate up to 10,000 user equipment (UEs) and 1,000-5,000 cells per reference server, deployable in Docker containers within cloud environments or dedicated servers. Key features include importing real-world maps with network configurations, training AI/ML apps through RAN scenarios, and testing app decisions in realistic environments.
This launch complements VIAVI's broader suite of test solutions, including the VALOR™ (VIAVI Automated Lab-as-a-Service for Open RAN) platform, which is funded by the Public Wireless Supply Chain Innovation Fund to streamline 5G and Open RAN deployments.
VIAVI Solutions (NASDAQ: VIAV) has announced its contribution to NASA's Europa Clipper mission, providing a precision order sorting filter for the Mapping Imaging Spectrometer for Europa (MISE). The filter, combining photolithographically-patterned bandpass filters, a Linear Variable Filter, and assembled optics as a Butcher Block, is important for MISE's functionality in analyzing Europa's surface composition.
The instrument will map organics, salts, acid hydrates, and water ice phases on Jupiter's moon Europa, operating in the infrared range from 0.8 to 5 micrometers. The mission, launched on October 14, 2024, will reach Jupiter's orbit in April 2030 and conduct 49 flybys of Europa to assess the moon's potential habitability.
Viavi Solutions (VIAV) has announced the acquisition of Inertial Labs for an initial $150 million, with potential additional payments of up to $175 million over four years. The transaction will be funded through cash on hand and is expected to close in Q1 2025. Inertial Labs, based in Leesburg, Virginia, specializes in orientation, positioning, and navigation solutions for aerospace, defense, and industrial applications.
The acquisition is projected to contribute approximately $50 million to VIAVI's Network and Service Enablement annual revenue in 2025 and become EPS accretive within 12 months of closing. The deal enhances VIAVI's portfolio with complementary products including Inertial Measurement Units, Navigation Systems, and LiDAR Scanning solutions, supporting expansion into autonomous air, land, and sea systems markets.