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 Inc. (NASDAQ: VIAV) has announced the introduction of a new optical connector inspection solution, the FVAM-2000, for next-generation transceivers. This benchtop microscopy solution will be showcased at ECOC 2024 in Frankfurt, Germany, along with other innovative optical and Ethernet testing solutions.
Key highlights include:
- The FVAM-2000, designed for MPO and new bulkhead connectors in 800G formats
- ONE-1600, a 1.6Tb/s Ethernet test module for high-speed testing
- ONT-800 Optical Network Testing platform with ZR and ZR+ capabilities
- NITRO® Fiber Sensing for critical infrastructure monitoring
- INX™ 760, the industry's first fully automated probe microscope
These innovations demonstrate VIAVI's commitment to advancing optical communication technology and supporting the industry's move towards faster data speeds and improved infrastructure.
VIAVI Solutions Inc. (NASDAQ: VIAV) has introduced the VIAVI Automation Management and Orchestration System (VAMOS), an intelligent automation platform with AI/ML capabilities. VAMOS aims to help wireless and cloud service providers, network equipment manufacturers, and their ecosystems reduce operational expenses and accelerate time-to-market. The platform is designed to address the increasing complexity of network architectures and the challenges of continuous testing in labs with headcount.
Key features of VAMOS include:
- Centralized cloud-based, Lab-as-a-Service platform
- Customizable workspaces and configurations
- Shared tool testbeds and individual sandboxes
- Robust analytics and reporting
- Integration capabilities with third-party automation frameworks
VAMOS will also be integrated into VIAVI's Automated Lab-as-a-Service for Open RAN (VALOR™) project, funded by the Public Wireless Supply Chain Innovation Fund.
VIAVI Solutions Inc. (NASDAQ: VIAV) has unveiled the ONE-1600, the first testing solution for the emerging 1.6Tb/s ecosystem based on 224G SERDES. This new module, part of the ONE LabPro™ platform, addresses the testing needs of AI, ML, high-performance computing, and quantum computing applications. The ONE-1600 supports OSFP1600 and QSFP-DD1600 form factors and is initially available in a two-port configuration.
The ONE LabPro platform offers high port density, supporting up to 64 x 1.6Tb/s test ports using ONE-1600 modules or 128 x 800Gb/s test ports with HSE-800 modules. It features a web-based interface and Python-based automation framework for advanced traffic generation and analysis. Early customers include InnoLight and Lumentum, who are developing 1.6T products to meet the growing demand in AI and cloud infrastructure.
VIAVI (NASDAQ: VIAV) reported its fiscal fourth quarter and full year 2024 results. Q4 net revenue was $252.0 million, down 4.4% year-over-year. GAAP net loss was $(21.7) million, or $(0.10) per share. Non-GAAP net income was $17.1 million, or $0.08 per share. For fiscal 2024, net revenue was $1.0 billion, down 9.6% year-over-year. GAAP net loss was $(0.12) per share, while non-GAAP EPS was $0.33. The company faced challenges due to weak end market spending throughout the year. VIAVI expects gradual recovery in the second half of fiscal 2025 and announced a restructuring plan to improve operational efficiencies.
Viavi Solutions Inc. (NASDAQ: VIAV) has announced the date for its fiscal fourth quarter and year-end 2024 financial results. The company will release its results on Thursday, August 8, 2024, after the market closes. VIAVI will host an earnings call at 1:30 p.m. PDT / 4:30 p.m. EDT on the same day.
Investors can access a live webcast of the call and the replay 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 are provided along with a conference ID.
VIAVI Solutions Inc. (NASDAQ: VIAV) has launched NITRO® Fiber Sensing, an integrated real-time asset monitoring and analytics solution for critical infrastructure. This solution addresses challenges in protecting and optimizing assets like pipelines, power transmission, and data center interconnects.
NITRO Fiber Sensing incorporates Distributed Temperature Sensing (DTS), Simultaneous Temperature and Strain Sensing (DTSS), and Distributed Acoustic Sensing (DAS) technologies. It uses remote Fiber Test Heads (FTH) to monitor fiber optic cables, measuring temperature, strain, and acoustic vibrations. The system provides valuable infrastructure health data, enabling proactive maintenance and preventing downtime.
This solution aims to swiftly detect, localize, and prevent external threats, minimizing damage and outages, thus leading to lower Total Cost of Ownership (TCO) for operators.
Viavi Solutions (VIAV) and the Telecom Infra Project (TIP) have formed a strategic collaboration to enhance the testing capabilities of VIAVI's Automated Lab-as-a-Service for Open RAN (VALOR). Supported by a $21.7 million grant from the NTIA, VALOR will become the first TIP-authorized test lab, streamlining the certification process and reducing testing duplication. This collaboration aims to accelerate the adoption of Open RAN technologies globally, ensuring high-performance standards, interoperability, and security. VALOR's cloud-based, virtual testing capabilities will support TIP's system performance certification program, driving innovation and industry alignment. This partnership is expected to improve supply chain resilience, reduce costs, and enhance data reliability and performance in Open RAN deployments.
Viavi Solutions (NASDAQ: VIAV) has chosen ETS-Lindgren to deliver an RF-shielded anechoic chamber for Massive MIMO over-the-air (OTA) testing at the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR).
This new facility will enable radio manufacturers to test Open Radio Units (O-RUs) for conformance, performance, security, and interoperability, essential for the NTIA Public Wireless Supply Chain Innovation Fund Second Notice of Funding Opportunity (NOFO 2).
VALOR, funded by a $21.7 million grant from the first PWSCIF Notice of Funding Opportunity, offers free access for academic institutions and NTIA co-grantees. This partnership aims to advance O-RU commercialization and innovation by providing extensive OTA validation capabilities, including system-level Massive MIMO performance testing for up to 16 parallel spatial layers.
ETS-Lindgren, a leader in wireless OTA performance testing, brings significant expertise, further enhancing VIAVI's Open RAN Test Suite.
Viavi Solutions (NASDAQ: VIAV) announced its participation in the Spring 2024 O-RAN PlugFest, organized by the O-RAN ALLIANCE. VIAVI, alongside Rohde & Schwarz, conducted extensive conformance and interoperability testing on O-RAN Radio Units (O-RUs) from multiple vendors. Testing took place across nine labs in six countries, focusing on Open Radio Unit commercialization and innovation, aligning with the U.S. NTIA's recent funding opportunity. Key outcomes included successful O-RU conformance tests, end-to-end and subsystem testing, and security validations. VIAVI's advanced tools, including the TM500 and XhaulAdvisor, supported these activities.
Viavi Solutions (NASDAQ: VIAV) will exhibit groundbreaking 6G and AI research, as well as O-RAN and NTN test solutions, at the IEEE International Communications Conference in Denver, Colorado. Highlights include VIAVI's full AI neural network transmission, MIMO Delay-Doppler Domain waveform, and Rate-Splitting Multiple Access techniques. The company will also demonstrate their VALOR Automated Lab-as-a-Service for Open RAN, backed by a $21.7 million grant. VIAVI will collaborate with Northeastern University on digital twin technology for 6G networks. Dr. Sameh Yamany, CTO, and Dr. Paul Harris, Principal Wireless Architect, will present keynote addresses and participate in panel discussions.
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