Headquartered in Chandler, AZ Fiscal year ends June NASDAQ: VIAV viavisolutions.com
VIAVI Solutions (NASDAQ: VIAV) provides test and measurement and optical technologies. It reports through two segments.
The Network and Service Enablement segment, its largest, supplies test and measurement and resilient position, navigation and timing (PNT) solutions. These help build, secure and operate critical infrastructure, including data center ecosystems, communication networks, and military, aerospace, railway and first-responder communications. The segment was expanded by the acquisition of Spirent Communications plc's high-speed ethernet, network security and channel emulation testing business.
The Optical Security and Performance Products segment develops optical technologies for high-volume applications in anti-counterfeiting, consumer electronics (including 3D sensing), aerospace, industrial and automotive markets.
Customers include communications service providers, data center operators, network equipment makers, and aerospace and defense organizations across the Americas, Asia-Pacific and EMEA. Updated
The Spirent-boosted enablement segment lifted operating margin to 25.5% from 8.2%, and management guided next quarter to $505 million to $515 million, well above what just cleared consensus. A fresh $500 million buyback authorization landed alongside it.
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VIAVI Solutions (NASDAQ: VIAV) provides test and measurement and optical technologies. It reports through two segments.
The Wall Street consensus 12-month price target for VIAV is $56.00.
