Viavi Solutions Inc ( (VIAV) ) has released its Q1 earnings. Here is a breakdown of the information Viavi Solutions Inc presented to its investors.
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Viavi Solutions Inc. is a global provider of network test, monitoring, and assurance solutions for telecommunications and other industries, known for its light management technologies. In its fiscal first quarter of 2026, Viavi reported a significant increase in net revenue, reaching $299.1 million, a 25.6% rise year-over-year, driven by strong demand from the data center and aerospace sectors. Despite a GAAP net loss of $21.4 million, the company saw a substantial increase in non-GAAP net income to $33.1 million, reflecting a 166.9% rise. The company’s non-GAAP operating margin also improved significantly to 15.7%. Viavi’s acquisition of Spirent product lines is expected to enhance its position in the data center market. Looking ahead, Viavi anticipates continued momentum in its key markets, projecting second-quarter revenue between $360 million and $370 million, with non-GAAP EPS expected to range from $0.18 to $0.20.