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Viavi Solutions Inc. - VIAV STOCK NEWS

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.

News

VIAVI and Broadcom Expand RIC Testbed as a Service to Advance Digital Twin Environments

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VIAVI Solutions Inc. announces enhanced capabilities of Testbed as a Service (TBaaS) with VMware, acquired by Broadcom, creating a Digital Twin for network evaluation. The joint solution accelerates deployment and agility, crucial in today's network landscape. TBaaS, validated at i14y Lab, offers a cloud-based Digital Twin to streamline evaluation, deployment, and secure operations for communication service providers.
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MWC Barcelona: VIAVI to Demonstrate AI, Cloud & Open Network Optimization With More Than 20 Industry Partners

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Viavi Solutions Inc. (VIAVI) to showcase test, automation, and optimization solutions with 20+ partners at MWC Barcelona, emphasizing its role in the industry ecosystem.
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VIAVI Xgig® Exerciser Approved for CXL 1.1 Gold Suite Compliance Testing

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VIAVI Solutions Inc. receives recognition for its Xgig CXL Exerciser as a CXL 1.1 Gold device, enhancing the development and testing of high-speed computing applications. The approval from the CXL Consortium allows VIAVI to certify devices for the CXL Integrators List, ensuring protocol compliance and successful product rollouts.
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At MWC Barcelona, VIAVI Will Showcase Solutions to Optimize Networks In The Age of AI and The Cloud

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Viavi Solutions Inc. (VIAVI) to showcase network test solutions at MWC Barcelona, highlighting advancements in network technology, 5G to 6G transition, and Open RAN deployments.
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Claro Colombia Selects TCS and VIAVI Partnership to Improve Customer Service Using AI-Based Technology

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Tata Consultancy Services (TCS) and VIAVI Solutions (NASDAQ: VIAV) have partnered to provide AI-based solutions to Claro Colombia's Service Operations Center (SOC). The project aims to enhance Claro's customer-centric strategy by redesigning the SOC for real-time network monitoring of fixed and mobile services. The solution, based on VIAVI NITRO® AIOps and TCS's 4.0 business model, enables early detection and prevention of service issues, which will be demonstrated at Mobile World Congress in Barcelona. The partnership will bring immediate benefits to Claro and its subscribers by implementing new AI/ML solutions and techniques to improve the end-to-end performance of services, with a focus on optimizing the experience of voice and data customers on Claro Colombia's mobile network.
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VIAVI ANNOUNCES SECOND QUARTER FISCAL 2024 RESULTS

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VIAVI reported a net revenue of $254.5 million for the second fiscal quarter, down 10.5% year-over-year. GAAP operating margin was 8.8%, up 80 bps year-over-year, while non-GAAP operating margin was 13.2%, down 300 bps year-over-year. GAAP diluted EPS was $0.05, up 25.0% year-over-year, and non-GAAP diluted EPS was $0.11, down 21.4% year-over-year. The company's President and CEO, Oleg Khaykin, expressed optimism about stronger demand in certain segments offsetting continued weakness in Service Provider spend.
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VIAVI Announces Date for Fiscal Second Quarter 2024 Financial Results

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Viavi Solutions Inc. (VIAV) will announce its fiscal second quarter 2024 financial results on February 1, 2024, after the close of market. The Company will host an earnings call at 1:30 p.m. PST / 4:30 p.m. EST. A live webcast of the call and the replay will be available on the VIAVI website. Quarterly earnings press release, supplementary slides, and historical financial tables will be posted under the 'Quarterly Results' section.
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U.S. NTIA Awards Funding to VIAVI Automated Lab-as-a-Service for Open RAN

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Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) has been awarded a $21.7 million grant from the U.S. National Telecommunications and Information Administration (NTIA) for the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR). This grant aims to support 5G and Open RAN projects, providing access to tools, expert staff, and comprehensive testing capabilities.
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Observer Platform Innovations From VIAVI Enhance Visibility Across Users, Applications and the Cloud

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Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) announced significant enhancements to the Observer Platform, addressing challenges in network management and visibility. The latest release, v18.17, includes updates in EUE scoring, traffic visibility for Azure and AWS, enhanced application recognition, UC call visualization, and digital certificate analysis. The VIAVI State of the Network study revealed that end-user experience is the highest ranking KPI, and a majority of organizations struggle with network visibility. The company aims to improve network reliability and performance to meet organizational objectives.
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VIAVI Provides Benchmarking and Validation Across Eight Countries at Fall 2023 O-RAN PlugFest

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Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) played a key role in the Fall 2023 O-RAN PlugFest organized by the O-RAN ALLIANCE. The company delivered benchmarking and validation for RAN Intelligent Controller (RIC) testing and training for AI-enabled applications, improving testing efficiency with real-time analysis and automation. Viavi participated in testing in 11 labs across eight countries, achieving significant outcomes in RIC testing for AI-enabled applications, security testing, and conformance and end-to-end testing.
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FAQ

What is the current stock price of Viavi Solutions (VIAV)?

The current stock price of Viavi Solutions (VIAV) is $10.41 as of January 21, 2025.

What is the market cap of Viavi Solutions (VIAV)?

The market cap of Viavi Solutions (VIAV) is approximately 2.3B.

What does Viavi Solutions Inc. specialize in?

Viavi Solutions Inc. specializes in network test, monitoring, and assurance solutions, as well as anti-counterfeiting technologies and advanced optical components.

What are Viavi's core business segments?

Viavi's operations are divided into three main segments: Network Enablement, Service Enablement, and Optical Security and Performance Products.

How is Viavi involved in 6G research?

Viavi is actively involved in 6G research through its 6G Forward Program, collaborating with Northeastern University to develop a city-scale digital twin of a 6G network using AI and ML technologies.

What recent advancements has Viavi made in cryptography?

Viavi has introduced performance testing capabilities for Post-Quantum Cryptography (PQC) system deployments to address security threats posed by quantum computing.

What is Viavi's altGNSS GEO SecureTime service?

Viavi's altGNSS GEO SecureTime service provides nanosecond-accurate UTC timing for critical infrastructure independently of traditional GPS and GNSS, enhancing resilience against jamming and spoofing.

How did Viavi perform financially in the third fiscal quarter of 2024?

Viavi reported a net revenue of $246.0 million for the third fiscal quarter of 2024, with a GAAP net loss of $(24.6) million.

Who are Viavi's primary customers?

Viavi serves telecommunications service providers, enterprises, network equipment manufacturers, civil government, military, and avionics customers.

In what industries does Viavi provide optical components?

Viavi provides high-performance thin-film optical coatings for industries such as anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation.

What role does Viavi play in the OpenAirInterface Software Alliance?

Viavi has joined the Strategic Board of the OpenAirInterface Software Alliance to advance open-source initiatives within the telecommunications industry.

What are the benefits of Viavi's network visibility solutions?

Viavi's network visibility solutions offer precise intelligence and actionable insights that enhance customer service experiences, improve profitability, and facilitate transitions to next-generation technologies.
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Viavi Solutions Inc.

Nasdaq:VIAV

VIAV Rankings

#1882 Ranked by Market Cap
N/A Ranked by Dividends

VIAV Stock Data

2.34B
218.42M
1.51%
94.53%
2.45%
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