Description

Viavi Solutions’ Margin Breakthrough — Operating Margin Jumps Nearly 1,000 Basis Points!

Viavi Solutions reported fiscal year 2026 fourth quarter results that surpassed its guidance across multiple financial metrics, reflecting solid momentum in its core markets and acquisitions. The company posted net revenue of $443.1 million, exceeding its guidance range of $427 million to $437 million and marking an 8.9% sequential increase and a 52.5% rise year-over-year. Operating margin improved to 24%, above guidance and representing a substantial 280 basis point sequential increase and nearly a 1000 basis point year-over-year improvement. Earnings per share (EPS) were $0.34, also above the high end of guidance and up $0.07 sequentially and $0.21 annually, supported in part by a $1.5 million tariff refund and reduced interest expense. The revenue growth was driven primarily by the Network & Service Enablement (NSE) segment and the Optical Security and Performance (OSP) segment. NSE generated $353.9 million in revenue, surpassing guidance and reflecting a 69.