Companies /Technology

Viavi Solutions Inc

NASDAQ: VIAV Communication Equipment
$47.10
▲ $2.32 (+5.18%) today
Markets closed · 2:36am ET

Q3 2025 Earnings

Reported May 1, 2025, 4:18pm ET · SEC source
$0.15
Beat +26.80%
EPS · est. $0.12
$284.8M
Beat +1.06%
Revenue · est. $281.8M
−5.7%
Trailing market
VIAV vs S&P since report
8 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−7%0+7%May 1May 2report 4:18pm ETearnings+1.6%−0.1%
−7%0+7%May 1May 2earnings+1.6%−0.1%
VIAV −0.1%S&P 500 +1.6%
−6%0+6%+12%May 1May 2report 4:18pm ETearnings+1.9%−5.6%
−6%0+6%+12%May 1May 2earnings+1.9%−5.6%
VIAV −5.6%NASDAQ +1.9%
−8%0+8%+16%Apr 30May 9report 4:18pm ETearnings+1.4%−3.9%
−8%0+8%+16%Apr 30May 9earnings+1.4%−3.9%
VIAV −3.9%S&P 500 +1.4%
−8%0+8%+16%Apr 30May 9report 4:18pm ETearnings+1.9%−3.9%
−8%0+8%+16%Apr 30May 9earnings+1.9%−3.9%
VIAV −3.9%NASDAQ +1.9%
−12.30%
Day of report
−3.32%
Next session
−1.61%
One week
−0.54%
30 days

S&P 500 over the same 30 days: +5.15%.

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, 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

“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.”

Viavi Solutions CEO, on the earnings call

Forward Guidance & Outlook

For Q4 fiscal 2025 ending June 28, 2025, VIAVI expects net revenue between $278 million and $290 million and non-GAAP EPS between $0.10 and $0.13. The company noted it has been successful in managing through the rapidly changing macro environment and remains optimistic regarding continued recovery and growth in its end markets.

VIAV YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$80.0M$160.0M$240.0M$246.0M$284.8MRevenue$136.4M$160.7MGross Profit$3.2M$8.5MOperating Income$7.0M$19.5MNet Income
$0$80.0M$160.0M$240.0MRevenueGross ProfitOperating IncomeNet Income

VIAV Revenue by Segment

Network and Service Enablement
Network Enablement$188.0M+23.9%
Optical Security and Performance Products$76.6M+0.5%
Service Enablement$20.2M+11.6%

VIAV Revenue by Geography

Americas$108.2M
Asia Pacific$100.8M
EMEA$75.8M

Figures from SEC filings and company reports. Not investment advice.