Q3 25 EPS
$0.15
BEAT +26.80%
Est. $0.12
Q3 25 Revenue
$284.8M
BEAT +1.06%
Est. $281.8M
vs S&P Since Q3 25
+380.0%
BEATING MARKET
VIAV +409.4% vs S&P +29.4%
Market Reaction
Did VIAV Beat Earnings? Q3 2025 Results
Viavi Solutions posted a strong fiscal third quarter, beating Wall Street expectations on both the top and bottom lines as a broad-based revenue recovery gained momentum. The networking test and measurement company reported non-GAAP EPS of $0.15, cle… Read more Viavi Solutions posted a strong fiscal third quarter, beating Wall Street expectations on both the top and bottom lines as a broad-based revenue recovery gained momentum. The networking test and measurement company reported non-GAAP EPS of $0.15, clearing the $0.12 consensus estimate by 26.80%, while revenue of $284.80 million edged past the $281.80 million forecast by 1.06% and rose 15.8% from the year-ago period. The primary engine behind the beat was the Network Enablement sub-segment, which climbed 23.9% year-over-year to $188.00 million, reflecting strengthening demand from telecom and network operators. Profitability improved sharply alongside the revenue gains, with adjusted EBITDA rising to $57.00 million from $32.60 million a year earlier as operating leverage took hold. Looking ahead, management guided fiscal fourth-quarter revenue of $278.00 million to $290.00 million and non-GAAP EPS of $0.10 to $0.13, signaling continued growth while acknowledging a fluid macroeconomic backdrop that the company says it has so far navigated effectively.
Key Takeaways
- • Strong year-over-year growth in Network Enablement sub-segment up 23.9%
- • Non-GAAP operating margin expansion of 740 basis points year-over-year to 16.7%
- • Strength in both NSE and OSP segments
- • Continued recovery in end markets
VIAV YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
VIAV Revenue by Segment
With YoY comparisons, source: SEC Filings
VIAV Revenue by Geography
With YoY comparisons, source: SEC Filings
“VIAVI delivered strong results driven by strength in both NSE and OSP. To date, we have been successful in managing through the rapidly changing macro environment and remain optimistic regarding the continued recovery and growth in our end markets.”
— Oleg Khaykin, Q3 2025 Earnings Press Release
VIAV Earnings Trends
VIAV vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
VIAV EPS Trend
Earnings per share: estimate vs actual
VIAV Revenue Trend
Quarterly revenue: estimate vs actual
VIAV Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 BEAT | $0.23 | $0.27 | +17.04% | $406.8M | +3.30% |
| Q2 26 BEAT | $0.19 | $0.22 | +17.21% | $369.3M | +1.11% |
| Q1 26 BEAT | $0.13 | $0.15 | +14.24% | $299.1M | +1.61% |
| Q4 25 BEAT FY | $0.12 | $0.13 | +12.85% | $290.5M | +1.86% |
| FY Full Year | — | $0.47 | — | $1.08B | — |
| Q3 25 BEAT | $0.12 | $0.15 | +26.80% | $284.8M | +1.06% |
| Q2 25 BEAT | $0.10 | $0.13 | +30.13% | $270.8M | +4.16% |
| Q1 25 BEAT | $0.06 | $0.06 | +0.00% | $238.2M | -0.79% |
| Q4 24 BEAT FY | $0.07 | $0.08 | +14.29% | $252.0M | +0.47% |
| FY Full Year | — | $0.33 | — | $1.00B | — |