OSP Segment Performance
OSP revenue for the first fiscal quarter was $78.8 million, above the high end of the guidance range, driven by anticounterfeiting and 3D sensing. Year-over-year, revenue was up 1.7%, with gross margin improving by 280 basis points, and operating margin increased by 180 basis points.
Signs of Recovery in NSE
NSE is showing signs of stabilization and improved order momentum, indicating recovery starting in the December quarter and continuing into the second half of fiscal '25. Wireless business also expected to recover earlier than anticipated.
Launch of VALOR Lab and 1.6 Terabit Ethernet Testing
Viavi launched the VALOR Lab in Chandler, Arizona, and released the industry’s first 1.6 terabits per second high-speed Ethernet testing for AI workloads, positioning the company for leadership in wireless, data center, and high-performance computing markets.