Viavi Solutions (VIAV) Q1 2027 Earnings

Yes. Viavi Solutions reported Q1 2027 earnings of $0.47 a share on Nov 4, 2026, beating the $0.41 consensus estimate by 15.5%. Revenue was $469.3M against a $454.9M estimate.

VIAVI Solutions kicked off fiscal 2027 with a quarter that cleared expectations on every major metric, extending the company's consecutive EPS beat streak to eight quarters. The network test and optical products company posted adjusted non-GAAP EPS of $0.47 against a consensus estimate of $0.41, a beat of 15.48%, while revenue of $469.30 million topped the $454.93 million consensus by 3.16% and rose 56.9% from a year earlier. The primary engine was the Network and Service Enablement segment, where revenue surged 74.1% year-over-year to $376.10 million and operating margin expanded sharply to 25.5% from 8.2%, a swing driven in part by the absorption of the Spirent high-speed ethernet and network security testing business acquired in the prior fiscal year. GAAP net income reached $76.00 million, compared to a net loss of $21.40 million a year ago, with consolidated GAAP gross margin widening 470 basis points to 61.2%. Looking ahead, management guided second-quarter revenue of $505 million to $515 million and non-GAAP EPS of $0.50 to $0.52, citing continued momentum in data center and aerospace and defense markets; the company's recent integration of AI-driven, natural language network testing capabilities into its product portfolio may further support that outlook.