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.
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.
Windstream Wholesale has successfully completed the world's first 800 Gigabit Ethernet (GbE) transatlantic service trial in collaboration with Colt Technology Services, Nokia, and VIAVI Solutions. The trial spanned over 8,500 kilometers between Chicago and London, utilizing Nokia's Photonic Service Interconnect-Modular platform.
VIAVI's contribution included comprehensive testing solutions, pre-deployment assessments of optical modules, and network transport equipment validation. The company conducted several days of pre-deployment soak testing using ONT-800 FLEX XPM test sets, ensuring seamless integration and long-term service stability. This breakthrough achievement demonstrates enhanced service reliability and performance capabilities essential for AI-powered applications and high-performance network solutions.
SKY Perfect JSAT has selected the joint Non-Terrestrial Network (NTN) testbed from VIAVI Solutions (NASDAQ: VIAV) and Rohde & Schwarz for its newly launched 'Universal NTN Innovation Lab' at the Yokohama Satellite Control Center. The lab, launched in November 2024, will test the Universal NTN concept, which aims to provide connectivity through various satellite systems and High-Altitude Platform Stations.
The testbed includes VIAVI's TM500-AS2 for base station testing, R&S CMX500 for channel emulation, and VIAVI TeraVM for traffic scenario testing. Initial testing will focus on GEO satellites in Ku-band for high-capacity communications, supporting 5G NTN technologies development.
VIAVI Solutions (NASDAQ: VIAV) has been selected by TDC NET, Denmark's largest digital infrastructure provider, to implement NITRO® AIOps for comprehensive network monitoring. The solution will provide end-to-end automated monitoring across TDC NET's entire IT and Telco ecosystem, including mobile, coax, fiber, core, and transport networks.
The deployment, integrated by Infosys, features AI/ML-powered capabilities including automated topology mapping, event correlation for root cause analysis, and AI-driven forecasting. The system offers a unified dashboard for proactive monitoring and next-best-action recommendations, serving as a central hub for network management across multiple vendors and technologies.
VIAVI Solutions announced that its Xgig® CXL Exerciser has received CXL 2.0 Gold Suite certification from the Compute Express Link® Consortium. This certification allows the device to qualify CXL devices for the CXL v2.0 Integrators List. The technology optimizes data flow between CPUs and peripherals, supporting AI, Machine Learning, and HPC applications. Micron and Smart Modular Technologies have selected VIAVI's solution to advance the CXL ecosystem. The company will demonstrate its CXL testing solutions at SC24 in Atlanta, November 18-21, 2024.
VIAVI (VIAV) reported Q1 FY2025 results with net revenue of $238.2 million, down 3.9% year-over-year. The company posted a GAAP net loss of $1.8 million and non-GAAP net income of $12.4 million. Key metrics showed declining performance with GAAP operating margin at 4.8% (down 170 bps) and non-GAAP operating margin at 10.0% (down 240 bps). The company expects Q2 FY2025 revenue between $255-265 million with non-GAAP EPS of $0.09-0.11. While Network and Service Enablement segments showed weakness, the Optical Security segment grew 1.7% year-over-year.
VIAVI Solutions (NASDAQ: VIAV) has been selected to design, build and operate an Open RAN Interoperability Laboratory in Quezon City, Metro Manila. The lab, funded by USAID through the BEACON Project, will be based on VIAVI's Automated Lab-as-a-Service (VALOR™) and developed in collaboration with UP Diliman EEEI and Asia Open RAN Academy. The initiative aims to promote open architecture, foster innovation, and expand digital access in the Philippines. The lab will feature VIAVI's NITRO Wireless Open RAN Test Suite and include components from vendors like Fujitsu and SOLiD to support multi-vendor Open RAN testing and validation.
Viavi Solutions (NASDAQ: VIAV) has secured an agreement with Telefónica HISPAM to provide automated network inventory management capabilities using VIAVI NITRO® AIOps. The solution will manage both passive and active network components across all domains in Telefónica's operations in eight Latin American countries. NITRO AIOps auto-discovers and catalogs physical assets, software assets, virtual devices, and networks, providing end-to-end visibility of resources and services through AI/ML capabilities. The system helps identify and address complex network issues proactively, supporting capacity planning, anomaly detection, and predictive maintenance to improve service quality and reduce operational costs.
Viavi Solutions Inc. (NASDAQ: VIAV) has announced the date for its fiscal first quarter 2025 financial results. The company will release its earnings report for the period ended September 28, 2024, on Thursday, October 31, 2024, after market close. VIAVI will host an earnings call at 1:30 p.m. PDT / 4:30 p.m. EDT on the same day.
Investors and interested parties can access the live webcast and replay of the call on the VIAVI website at https://investor.viavisolutions.com. The quarterly earnings press release, supplementary slides, and historical financial tables will be available under the 'Quarterly Results' section. For those participating via telephone, toll-free and toll dial-in numbers, along with the conference ID, have been provided.
VIAVI Solutions Inc. (NASDAQ: VIAV) has opened its VIAVI Automated Lab-as-a-Service (VALOR™) Open RAN testing facility in Chandler, Arizona. Funded by a grant from the U.S. NTIA, VALOR offers a fully automated, open, and impartial Lab-as-a-Service / Test-as-a-Service suite for Open RAN interoperability, performance, and security.
VALOR addresses challenges to accelerate Open RAN adoption and encourage competition by providing access to test capabilities typically only available to large, established players. With its highly automated, on-demand 'pay-as-you-go' approach to standardized testing, VALOR simplifies the development and deployment of Open RAN technologies.
The facility brings together VIAVI's NITRO Wireless Open RAN Test Suite, VAMOS framework, and technologies from industry-leading partners. It offers over 500 test cases compliant with O-RAN and 3GPP specifications, covering various aspects of Open RAN testing.
FAQ
What is the current stock price of Viavi Solutions (VIAV)?
What is the market cap of Viavi Solutions (VIAV)?
What does Viavi Solutions Inc. specialize in?
What are Viavi's core business segments?
How is Viavi involved in 6G research?
What recent advancements has Viavi made in cryptography?
What is Viavi's altGNSS GEO SecureTime service?
How did Viavi perform financially in the third fiscal quarter of 2024?
Who are Viavi's primary customers?
In what industries does Viavi provide optical components?
What role does Viavi play in the OpenAirInterface Software Alliance?
What are the benefits of Viavi's network visibility solutions?
