Acquisition ImpactThe acquisition of Inertial Labs is viewed positively as it provides stronger exposure to a growing positioning, navigation, and timing market and is expected to improve operating margins.
Market RecoveryEvidence of the NA Service Provider recovery is well underway, leading to an upgrade of VIAV stock to Buy.
Revenue StrengthViavi Solutions Inc showed revenue strength in a typically slow quarter, driven by its core network equipment segment and increasing traction with cloud providers.