Viavi Solutions Inc.

$19.00

SKU: VIAV-1 Category:

Description

Viavi’s Q1 results were disappointing as it failed to meet Wall Street’s revenue and earnings expectations. In the quarter, revenue totaled $247.9 million, below the midpoint of the guidance range of $240 million to $260 million. Sequentially, revenue declined by 6%, and year-over-year, it was down by 20.1%. The operating profit margin stood at 12.4%, slightly below the guidance range of 12.7% to 14.2%. Viavi reported an EPS of $0.09, at the lower end of the $0.09 to $0.11 range. NSE revenue was $170.4 million, exceeding the lower end of the guidance range. NE revenue declined by 23.7%, and SE revenue decreased by 8.9%. Total cash and short-term investments were $544.5 million, showing an increase of $27.4 million compared to the prior year. Looking ahead, Viavi’s team anticipates fiscal Q2 2024 revenue between $240 million and $260 million. The company further introduced XhaulAdvisor, a scalable software solution that provides real-time data for front-haul verification, analysis, emulation, and channel utilization, to its NITRO Wireless portfolio. The management believes that XhaulAdvisor can be combined with other VIAVI tools to expedite root cause analysis, troubleshooting, and identifying and isolating problems brought on by synchronization, transport, or RAN operations.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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