Viavi Solutions Inc ( (VIAV) ) has released its Q3 earnings. Here is a breakdown of the information Viavi Solutions Inc presented to its investors.
Viavi Solutions Inc., a global provider of network test, monitoring, and assurance solutions, is also a leader in light management technologies for various applications including telecommunications and aerospace. The company has reported its third-quarter fiscal 2025 results, showcasing significant growth in revenue and profitability. Viavi Solutions Inc. reported a net revenue of $284.8 million for the third quarter, marking a 15.8% increase year-over-year. The company’s GAAP net income rose to $19.5 million, a substantial improvement from a loss in the previous year, while non-GAAP net income increased by 156.8% to $33.9 million. The company’s performance was driven by strong results in both its Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP) segments, with NSE revenue growing by 23.9% year-over-year. The company also reported a healthy cash position with $400.2 million in cash and short-term investments. Looking ahead, Viavi Solutions Inc. remains optimistic about the recovery and growth in its end markets, with expectations for fourth-quarter revenue between $278 million and $290 million.