Q3 2026 Viavi Solutions Inc Earnings Call Transcript

Apr 29, 2026 / 08:30 PM GMT

Release Date Price: $45.53 (+5.47%)

Transcript 10-Q8-K

Key Points

Positve

Viavi Solutions Inc (VIAV) reported net revenue of $406.8 million for the quarter, exceeding the high end of their guidance range.
Operating margin for the third fiscal quarter was 21%, surpassing the guidance range and showing a significant year-over-year increase.
EPS of $0.27 was above the guidance range and showed a notable increase both sequentially and year-over-year.
Strong demand was observed in the data center ecosystem, aerospace, and defense sectors, driving significant revenue growth.
The acquisition of Spirent product lines contributed to a 54.4% year-over-year increase in NSE revenue, enhancing Viavi's market position.

Negative

Cash flow from operating activities was negative at $26.3 million, compared to a positive $7.8 million in the same period last year.
Total cash and short-term investments decreased significantly from $772.1 million in the previous quarter to $508 million.
OSP gross margin decreased by 130 basis points year-over-year due to an unfavorable product mix.
The wireless test products segment showed weak demand, with no expected near-term recovery.
The company did not repurchase any shares during the quarter, prioritizing debt management over share buybacks.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

VIAV.OQ - Viavi Solutions Inc
Q3 2026 Viavi Solutions Inc Earnings Call
Apr 29, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon. My name is Hilary, and I'll be your conference operator today. At this time, I would like to welcome everyone to the VIAVI Solutions Fiscal Third Quarter 2026 Earnings Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question, please type star 1 on your telephone keypad to raise your hand. At this time, I would like to turn the conference over to Vibhuti Nair, Head of Investor Relations. Please go ahead.

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Unidentified_2 [2]
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