Viavi Solutions Inc (VIAV)

Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600June 5, 2026 7:25 PM
PR Newswire (US) NEW YORK, June 5, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from S&P MidCap 400 and S&P SmallCap 600 are no longer representative of the mid-cap and small-cap market space, respectively. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name       ActionCompany NameTickerGICS SectorJune 22, 2026S&P 500AdditionMarvell TechnologyMRVLInformation TechnologyJune 22, 2026S&P 500DeletionPool CorpPOOLConsumer DiscretionaryJune 22, 2026S&P 500AdditionFlexFLEXInformation TechnologyJune 22, 2026S&P 500DeletionThe Campbell's CompanyCPBConsumer StaplesJune 22, 2026S&P MidCap 400AdditionRokuROKUCommunication ServicesJune 22, 2026S&P MidCap 400DeletionFlex FLEXInformation TechnologyJune 22, 2026S&P MidCap 400AdditionCoeur MiningCDEMaterialsJune 22, 2026S&P MidCap 400DeletionBellRing Brands BRBRConsumer StaplesJune 22, 2026S&P MidCap 400AdditionSemtechSMTCInformation TechnologyJune 22, 2026S&P MidCap 400DeletionCotyCOTYConsumer StaplesJune 22, 2026S&P MidCap 400AdditionSanminaSANMInformation TechnologyJune 22, 2026S&P MidCap 400DeletionConcentrix CNXCIndustrialsJune 22, 2026S&P MidCap 400AdditionViavi Solutions VIAVInformation TechnologyJune 22, 2026S&P MidCap 400DeletionBlackbaud BLKBInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionPoolPOOLConsumer DiscretionaryJune 22, 2026S&P SmallCap 600DeletionEmbecta EMBCHealth CareJune 22, 2026S&P SmallCap 600AdditionThe Campbell's CompanyCPBConsumer StaplesJune 22, 2026S&P SmallCap 600DeletionUniversal Health Realty Trust UHTReal EstateJune 22, 2026S&P SmallCap 600AdditionCotyCOTYConsumer StaplesJune 22, 2026S&P SmallCap 600DeletionSemtechSMTCInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionConcentrix CNXCIndustrialsJune 22, 2026S&P SmallCap 600DeletionSanmina SANMInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionBlackbaudBLKBInformation TechnologyJune 22, 2026S&P SmallCap 600DeletionViavi SolutionsVIAVInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionCredit Acceptance CACCFinancialsJune 22, 2026S&P SmallCap 600DeletionOxford IndustriesOXMConsumer DiscretionaryJune 22, 2026S&P SmallCap 600AdditionLazardLAZFinancialsJune 22, 2026S&P SmallCap 600DeletionGogoGOGOCommunication ServicesJune 22, 2026S&P SmallCap 600AdditionEastern BanksharesEBCFinancialsJune 22, 2026S&P SmallCap 600DeletionPRA GroupPRAAFinancialsJune 22, 2026S&P SmallCap 600AdditionWesbancoWSBCFinancialsJune 22, 2026S&P SmallCap 600DeletionInsteel IndustriesIIINIndustrialsJune 22, 2026S&P SmallCap 600AdditionWarby ParkerWRBYConsumer DiscretionaryJune 22, 2026S&P SmallCap 600DeletionEthan Allen InteriorsETDConsumer DiscretionaryJune 22, 2026S&P SmallCap 600AdditionNicolet BanksharesNICFinancialsJune 22, 2026S&P SmallCap 600DeletionCytek BiosciencesCTKBHealth CareJune 22, 2026S&P SmallCap 600AdditionLiquidia LQDAHealth CareJune 22, 2026S&P SmallCap 600DeletionMonroMNROConsumer DiscretionaryJune 22, 2026S&P SmallCap 600AdditionRush Street InteractiveRSIConsumer DiscretionaryJune 22, 2026S&P SmallCap 600DeletionVital FarmsVITLConsumer StaplesJune 22, 2026S&P SmallCap 600AdditionUnited States Lime & MineralsUSLMMaterialsJune 22, 2026S&P SmallCap 600DeletionCable OneCABOCommunication ServicesJune 22, 2026S&P SmallCap 600AdditionInvenTrust PropertiesIVTReal EstateJune 22, 2026S&P SmallCap 600DeletionForward AirFWRDIndustrialsABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.FOR MORE INFORMATION:S&P Dow Jones Indices
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spdji.comms@spglobal.com View original content:https://www.prnewswire.com/news-releases/marvell-technology-and-flex-set-to-join-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-302793159.htmlSOURCE S&P Dow Jones Indices Original: Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

VIAVI Introduces AI Experts to Simplify and Accelerate Wireless Test, Validation and ObservabilityJune 4, 2026 6:30 AM
PR Newswire (US) Purpose-built intelligence integrated directly into lab and field workflowsCHANDLER, Ariz., June 4, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced AI Experts, the first addition to the NITRO® AI portfolio of AI-driven capabilities. Each Expert provides product-specific intelligence directly into a VIAVI platform, delivering contextual guidance, automated workflows and diagnostic precision in the field and the lab. AI Experts contain a curated set of "agents," task-specific AI-driven execution units that automate configuration, analysis, diagnostics and reporting within their functional domain.The OneAdvisor 800 Wireless AI Expert delivers contextual guidance based on deep domain knowledge spanning wireless standards, industry best practices, instrument functionality and real-world signal behavior. By providing answers that are specific to the situation directly on the instrument, it enables engineers to validate faster and with greater accuracy.The TM500 AI Expert and TeraVM AI Expert shorten the time from lab provisioning to validated results by assisting engineers with test setup and configuration, diagnostic triage and real-time awareness of complex test topologies. This enables a reduction in manual effort during many time-consuming tasks and helps engineering teams meet increasingly aggressive development timelines."At every stage of network validation, engineers are being asked to deliver more, faster and with greater precision," said Ian Langley, Senior Vice President, Wireless, Security and Applications Business Unit, VIAVI. "AI Experts put proven, product-specific intelligence directly into their workflows on the instrument in the field and inside the lab, helping shorten validation times and deliver outcomes faster."AI Experts for OneAdvisor 800 Wireless, TM500 and TeraVM are available now, enabling teams to adopt and expand AI capabilities incrementally. Additional AI Experts across the wider VIAVI portfolio will be introduced over time.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529  View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-introduces-ai-experts-to-simplify-and-accelerate-wireless-test-validation-and-observability-302789773.htmlSOURCE VIAVI Solutions Original: VIAVI Introduces AI Experts to Simplify and Accelerate Wireless Test, Validation and Observability

VIAVI Introduces GNSS-Disciplined Oscillator for Precision Timing in Size, Weight and Power-Constrained PlatformsJune 1, 2026 6:30 AM
PR Newswire (US) µPNT GDO-1000 is the smallest, lowest-power package for precision timing with microsecond-class 24-hour holdover from a MEMS-based oscillatorUltra-compact design – no larger than a postage stamp and weighing under 4 gramsCHANDLER, Ariz., June 1, 2026  /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced the launch of the µPNT GDO-1000, a new GNSS-disciplined oscillator built in the M.2 B-key form factor. Measuring just 22mm x 42mm, the size of a postage stamp, and weighing less than 4 grams, the GDO-1000 is designed for platforms requiring accurate timing in places where traditional timing modules do not fit or are too power-hungry, including defense and airborne platforms, unmanned systems, data center cards and communications equipment. GNSS interference has become a persistent and ongoing operational concern. Dual-frequency L1/L5 reception is increasingly specified in defense and critical infrastructure procurements as a baseline requirement. Demand for compact, low-power precision timing continues to grow across multiple markets, especially as warfighters and unmanned platforms limit payload to stay agile, and customers who designed in chip-scale atomic clocks (CSACs) face cost and lead-time pressure.The µPNT GDO-1000 addresses these challenges through a unique combination of capabilities:Dual-frequency L1/L5 GNSS reception with microsecond-class 24-hour holdover, enabling precise, resilient timing in compromised conditionsThe M.2 B-key form factor drops into modern compute platforms, time appliance cards and embedded systems without custom mechanical design, all while drawing approximately half a wattPatented AI and ML algorithms developed by the Jackson Labs team, now part of VIAVI, predict and compensate for oscillator behavior across environmental conditionsThe Micro-Electro-Mechanical Systems (MEMS) oscillator delivers better thermal stability across the full military temperature range than traditional quartz Oven Controlled Crystal Oscillators (OCXOs), with sustained phase noise and Allan Deviation performance under vibration and shockAccepts an external 1PPS input, allowing it to be disciplined by M-Code GPS, alternative navigation sources, or other external references without hardware modificationMultiple 1PPS and low-phase-noise 10MHz coaxial inputs and outputs for system integration flexibility, despite its miniature size"Until now, customers needing reliable timing in compact systems have had to choose between two suboptimal options. CSACs are expensive and supply-constrained. Full-size OCXO-based timing solutions are too large and power-hungry for many modern platforms," said Doug Russell, Senior Vice President and General Manager, Aerospace & Defense, VIAVI. "The GDO-1000 offers a new path that doesn't force customers to compromise. Its holdover performance approaches what customers expect from atomic-class clocks, in a module that fits on a standard M.2 slot and draws approximately half a watt."The GDO-1000 will be on display at VIAVI Booth 407 at the 2026 Joint Navigation Conference from June 1-4 at the Northern Kentucky Convention Center. As part of the event technical program, Lisa Perdue and Nino De Falcis of VIAVI will speak about a New Cesium-Less ePRTC Solution to Provide Timing for Homeland Critical Infrastructure.About VIAVI PNT
VIAVI Solutions delivers a breakthrough solution for GPS/GNSS-denied environments, combining resilient timing from Jackson Labs with precision navigation from Inertial Labs. Backed by advanced sensor fusion, this combination of GNSS transcoding with exceptional holdover and precision dead reckoning provides unmatched reliability, security and effortless operation when it matters most.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com 
+1 415 800 4529  View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-introduces-gnss-disciplined-oscillator-for-precision-timing-in-size-weight-and-power-constrained-platforms-302786904.htmlSOURCE VIAVI Solutions Original: VIAVI Introduces GNSS-Disciplined Oscillator for Precision Timing in Size, Weight and Power-Constrained Platforms

VIAVI Announces Pricing of Public Offering of Common StockMay 19, 2026 11:35 PM
PR Newswire (US) CHANDLER, Ariz., May 19, 2026 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") today announced the pricing of an underwritten public offering of 11,111,111 shares of its common stock at a price to the public of $45.00 per share, before underwriting fees. The gross proceeds to VIAVI from the offering, before deducting underwriting fees and other offering expenses payable by VIAVI, are expected to be approximately $500 million. The offering is expected to close on May 21, 2026, subject to customary closing conditions. Additionally, VIAVI has granted the underwriters a 30-day option to purchase up to an additional 1,666,666 shares of common stock from VIAVI at the public offering price, less underwriting fees. All of the shares of common stock in the offering will be sold by VIAVI. VIAVI intends to use the net proceeds of the offering to repay the $450 million aggregate principal amount of its Term Loan B. Any excess net proceeds will be used to fund working capital or for other general corporate purposes.Stifel and Needham & Company are acting as joint book-running managers for the offering. UBS Investment Bank is also acting as a bookrunner for the offering. B. Riley Securities, Northland Capital Markets, Rosenblatt, and BMO Capital Markets are acting as co-managers.The securities described above are being offered by VIAVI pursuant to a shelf registration statement (including a base prospectus) on Form S-3 (File No. 333-289490) filed by VIAVI on August 11, 2025 with the Securities and Exchange Commission (SEC), which was automatically effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed, and a final prospectus supplement and accompanying prospectus relating to the offering will be filed, with the SEC and can be accessed for free on the SEC's website at http://www.sec.gov. Copies of the final prospectus supplement and accompanying prospectus relating to the offering, when available, may be obtained from: Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at (415) 364-2720 or by email at syndprospectus@stifel.com; Needham and Company, LLC, Attention: 250 Park Avenue, 10th Floor, New York, NY 10177, Attn: Prospectus Department, by telephone at (800) 903-3268 or by email at prospectus@needhamco.com; or UBS Securities LLC, Attention: Prospectus Department, UBS Investment Bank, 11 Madison Avenue, New York, New York 10010 or by email at ol-prospectus-request@ubs.com.This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About VIAVIVIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. Examples of such statements include, but are not limited to, statements relating to VIAVI's expectations regarding the timing, gross proceeds and completion of the offering and the anticipated use of proceeds. Such statements are based on management's current expectations, but actual results may differ materially due to various risks and uncertainties, including, but not limited to, risks and uncertainties related to market and other conditions, and the satisfaction of customary closing conditions related to the offering. There can be no assurance that VIAVI will be able to complete the offering on the anticipated terms, or at all. You should not place undue reliance on these forward-looking statements. Additional risks and uncertainties relating to the offering, VIAVI and its business can be found under the heading "Risk Factors" in VIAVI's Quarterly Report on Form 10-Q for the quarter ended March 28, 2026, which was filed with the SEC on April 30, 2026, and other filings with the SEC, and in the preliminary prospectus supplement related to the offering filed with the SEC on May 19, 2026. Any forward-looking statements that VIAVI makes in this press release speak only as of the date of this press release. VIAVI assumes no obligation to update its forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.Press Contact: Amit Malhotra, 202-341-8624; amit.malhotra@viavisolutions.comInvestor Contact: Vibhuti Nayar, 408-404-6305; investor.relations@viavisolutions.com View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-announces-pricing-of-public-offering-of-common-stock-302777047.htmlSOURCE VIAVI Financials Original: VIAVI Announces Pricing of Public Offering of Common Stock

VIAVI Announces Proposed Public Offering of Common StockMay 19, 2026 4:05 PM
PR Newswire (US) CHANDLER, Ariz., May 19, 2026 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") today announced plans to offer, subject to market and other conditions, approximately $500 million of shares of its common stock in an underwritten public offering. VIAVI will grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock from VIAVI at the proposed offering price, less underwriting discounts and commissions. All of the shares of common stock in the proposed offering will be sold by VIAVI. There can be no assurance as to whether or when the proposed offering may be completed, or the actual size or terms of the proposed offering. VIAVI intends to use the net proceeds of the proposed offering to repay the $450 million aggregate principal amount of its Term Loan B. Any excess net proceeds will be used to fund working capital or for other general corporate purposes.Stifel and Needham & Company are acting as joint book-running managers for the proposed offering. UBS Investment Bank is also acting as a bookrunner for the proposed offering.The securities described above will be offered by VIAVI pursuant to a shelf registration statement (including a base prospectus) on Form S-3 (File No. 333-289490) filed by VIAVI on August 11, 2025 with the Securities and Exchange Commission (SEC), which was automatically effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering will be filed with the SEC and will be available for free on the SEC's website at http://www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus relating to the proposed offering, when available, may be obtained from: Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at (415) 364-2720 or by email at syndprospectus@stifel.com; Needham and Company, LLC, Attention: 250 Park Avenue, 10th Floor, New York, NY 10177, Attn: Prospectus Department, by telephone at (800) 903-3268 or by email at prospectus@needhamco.com; or UBS Securities LLC, Attention: Prospectus Department, UBS Investment Bank, 11 Madison Avenue, New York, New York 10010 or by email at ol-prospectus-request@ubs.com.This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About VIAVIVIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. Examples of such statements include, but are not limited to, statements relating to VIAVI's expectations regarding the completion, timing and size of the proposed offering and the anticipated use of proceeds. Such statements are based on management's current expectations, but actual results may differ materially due to various risks and uncertainties, including, but not limited to, risks and uncertainties related to whether or not VIAVI will be able to raise capital through the sale of its securities, the final terms of the proposed offering, market and other conditions, and the satisfaction of customary closing conditions related to the proposed offering. There can be no assurance that VIAVI will be able to complete the proposed offering on the anticipated terms, or at all. You should not place undue reliance on these forward-looking statements. Additional risks and uncertainties relating to the proposed offering, VIAVI and its business can be found under the heading "Risk Factors" in VIAVI's Quarterly Report on Form 10-Q for the quarter ended March 28, 2026, which was filed with the SEC on April 30, 2026, and other filings with the SEC, and in the preliminary prospectus supplement related to the proposed offering to be filed with the SEC on or about the date hereof. Any forward-looking statements that VIAVI makes in this press release speak only as of the date of this press release. VIAVI assumes no obligation to update its forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.Press Contact: Amit Malhotra, 202-341-8624; amit.malhotra@viavisolutions.comInvestor Contact:Vibhuti Nayar, 408-404-6305; investor.relations@viavisolutions.com View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-announces-proposed-public-offering-of-common-stock-302776610.htmlSOURCE VIAVI Financials Original: VIAVI Announces Proposed Public Offering of Common Stock

VIAVI Launches CyberFlood CF1000 Appliance for Next-Generation Validation of Multi-Terabit Security and AI InfrastructureMay 5, 2026 6:30 AM
PR Newswire (US) Native 400G platform delivers industry-leading TLS performance, quantum-safe cryptography validation and AI inference traffic emulation for modern data center networksCHANDLER, Ariz., May 5, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced the launch of its next-generation CyberFlood CF1000 Appliance, a native 400G security and application performance test platform for the validation of multi-terabit security and AI data center infrastructures at scale.   Developed for network equipment vendors, hyperscale data center operators and service providers, the CyberFlood CF1000 enables OSI Layer 4-7 validation of critical infrastructure under real-world encrypted and dynamic mixed traffic conditions including Next-Generation Firewalls (NGFWs), Application Delivery Controllers (ADCs), DDoS mitigation systems, VPN gateways, zero-trust architectures and AI inference fabrics.By bringing together massive-scale encrypted traffic generation, continuous threat vector emulation, quantum-safe cryptography validation and AI inference workload emulation on a single platform, CF1000 eliminates the validation gaps inherent in traditional test systems.Dell'Oro Group projects the global network security market to exceed $30B in 2026, with growth driven by Zero Trust initiatives, AI workloads and continuing cloud expansion. While software-delivered security is growing fastest, high-capacity physical platforms remain critical for validating performance limits before deployment. "As networks move toward 400G and higher speeds, the combination of encrypted traffic, AI-driven workloads and distributed cloud architectures is raising the bar for security performance validation. Platforms that can realistically test security and application infrastructure at scale are becoming an essential part of how vendors and operators reduce risk and confidently deploy next-generation networks," said Mauricio Sanchez, Senior Director, Enterprise Security and Networking, Dell'Oro Group. "The move to ultra high-speed, highly secure AI networks has fundamentally changed the way security and performance must be validated," said Sashi Jeyaretnam, Senior Director, Security Product Management, VIAVI. "The challenge has intensified as organizations build infrastructure to enable the agentic era, which require that quantum security, AI inference workloads and AI-enabled security policies all work seamlessly together. CF1000 delivers the performance and realism customers need to validate modern data center infrastructure and security architectures, while helping them reduce validation timelines, optimize infrastructure decisions and accelerate deployments." The CF1000 Appliance delivers native 400G security testing in a compact 2RU form factor, with support for four 400G OSFP ports and eight 100G QSFP28 ports, enabling up to 1.2Tbps of real-world application traffic testing without the need for an external switching infrastructure. Designed to validate today's encrypted traffic demands at scale and help organizations prepare for increasingly encrypted networks and emerging quantum-era threats, the platform provides industry-leading Transport Layer Security (TLS) performance, supporting more than 500Gbps of encrypted throughput and up to 800,000 TLS v1.3 connections per second. In addition, CF1000 extends CyberFlood's capabilities with highly scalable AI inference traffic emulation, enabling realistic testing of large language model (LLM) performance and AI-driven application workloads at terabit scale. This allows customers to evaluate end-to-end AI inference infrastructure and LLM application performance, and to assess critical trade-offs between cost efficiency and user experience. About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529  View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-launches-cyberflood-cf1000-appliance-for-next-generation-validation-of-multi-terabit-security-and-ai-infrastructure-302760081.htmlSOURCE VIAVI Solutions Original: VIAVI Launches CyberFlood CF1000 Appliance for Next-Generation Validation of Multi-Terabit Security and AI Infrastructure

VIAVI Announces Third Quarter Fiscal 2026 ResultsApril 29, 2026 4:15 PM
PR Newswire (US)

CHANDLER, Ariz., April 29, 2026 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its fiscal third quarter ended March 28, 2026 with the following highlights.







Third QuarterNet revenue of $406.8 million, up $122.0 million or 42.8% year-over-yearGAAP operating margin of 6.1%, up 310 bps year-over-yearNon-GAAP operating margin of 21.0%, up 430 bps year-over-yearGAAP net income of $6.4 million, down $13.1 million or 67.2% year-over-yearNon-GAAP net income of $67.6 million, up $33.7 million or 99.4% year-over-year GAAP diluted earnings per share (EPS) of $0.03, down $0.06 or 66.7% year-over-yearNon-GAAP diluted EPS of $0.27, up $0.12 or 80.0% year-over-year"VIAVI's financial performance for the third quarter has exceeded our expectations, driven by strong growth in the data center and aerospace and defense end markets. We expect these end markets to continue to be strong drivers for the foreseeable future," said Oleg Khaykin, VIAVI's President and Chief Executive Officer.Financial Overview:The tables below (in millions, except percentage and per share data) provide comparisons of quarterly results to prior periods, including sequential quarterly and year-over-year changes. A full reconciliation between the GAAP and non-GAAP measures included in the tables is contained in this release under the section titled "Use of Non-GAAP (Adjusted) Financial Measures."Fiscal Third Quarter Ended March 28, 2026
GAAP Results
Q3
Q2
Q3
Change
FY 2026
FY 2026
FY 2025
Q/Q
Y/YNet revenue$      406.8
$      369.3
$      284.8
10.2 %
42.8 %Gross margin57.5 %
57.0 %
56.4 %
50 bps
110 bpsOperating margin6.1 %
3.1 %
3.0 %
300 bps
310 bpsIncome from operations$       24.8
$       11.4
$         8.5
117.5 %
191.8 %Net income (loss) per share0.03
(0.21)
0.09
114.3 %
(66.7) %










Non-GAAP Results
Q3
Q2
Q3
Change
FY 2026
FY 2026
FY 2025
Q/Q
Y/YGross margin62.2 %
61.8 %
60.0 %
40 bps
220 bpsOperating margin21.0 %
19.3 %
16.7 %
170 bps
430 bpsIncome from operations$       85.5
$       71.4
$       47.7
19.7 %
79.2 %Earnings per share 0.27
0.22
0.15
22.7 %
80.0 %










Net Revenue by Segment
Q3
Q2
Q3
Change
FY 2026
FY 2026
FY 2025
Q/Q
Y/YNetwork and Service Enablement$        321.5
$        291.5
$        208.2
10.3 %
54.4 %Optical Security and Performance Products85.3
77.8
76.6
9.6 %
11.4 %Total$        406.8
$        369.3
$        284.8
10.2 %
42.8 % Americas, Asia-Pacific and EMEA customers represented 44.9%, 31.5% and 23.6%, respectively, of total net revenue for the quarter ended March 28, 2026.As of March 28, 2026, the Company held $508.0 million in total cash, short-term investments and short-term restricted cash.As of March 28, 2026, the Company had $250.0 million aggregate principal amount of 0.625% Senior Convertible Notes, $400 million aggregate principal amount of 3.75% Senior Notes and $450.0 million aggregate principal amount of Term Loan B with a total net carrying value of $1,080.8 million.During the fiscal quarter ended March 28, 2026, the Company used $26.3 million of cash in operating activities. This is primarily due to a portion of the contingent consideration payment classified as an operating outflow.Business Outlook for the Fourth Quarter of Fiscal 2026 For the fourth quarter of fiscal 2026 ending June 27, 2026, the Company expects net revenue to be between $427 million to $437 million and non-GAAP EPS to be between $0.29 to $0.31.With respect to our expectations above, the Company has not reconciled GAAP net income (loss) per share to non-GAAP EPS in this press release because it is unable to provide a meaningful or accurate estimate of certain reconciling items described in the "Use of Non-GAAP (Adjusted) Financial Measures" section below and the information is not available without unreasonable effort as a result of the inherent difficulty of forecasting the timing and/or amounts of certain items, including certain charges related to restructuring, acquisition, integration and related charges. In addition, the Company believes such reconciliations would imply a degree of precision that may be confusing or misleading to investors.Conference CallThe Company will discuss these results and other related matters at 1:30 p.m. Pacific Time on April 29, 2026 in a live webcast, which will also be archived for replay on the Company's website at https://investor.viavisolutions.com. The Company will post supplementary slides outlining the Company's latest financial results on https://investor.viavisolutions.com under the "Quarterly Results" section concurrently with this earnings press release. This press release is being furnished as a Current Report on Form 8-K with the Securities and Exchange Commission, and will be available at www.sec.gov.About VIAVI SolutionsVIAVI (NASDAQ: VIAVI) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include any expectation, anticipation or guidance as to future financial performance, including future revenue, gross margin, operating expense, operating margin, profitability targets, cash flow and other financial metrics, as well as the impact and duration of certain trends and market position and conditions, including market stabilization and recovery. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. In particular, the Company's ability to predict future financial performance continues to be difficult due to, among other things: (a) continuing general limited visibility across many of our product lines; (b) quarter-over-quarter product mix fluctuations, which can materially impact profitability measures due to the broad gross margin ranges across our portfolio; (c) consolidations in our industry and customer base; (d) competitive pressures; (e) unforeseen changes or deceleration in the demand for current and new products, technologies, services, delays or unforeseen events in the roll-out of new industry platforms or evolving technology such as 3D sensing and customer purchasing delays due to macroeconomic conditions, tightening of expenditures or as they assess or transition to such new technologies and/or architectures, all of which limit near-term demand visibility, and could negatively impact potential revenue; (f) continued decline of average selling prices across our businesses; (g) notable seasonality and a significant level of in-quarter book-and-ship business; (h) various product and manufacturing transfers, site consolidations, product discontinuances and restructuring and workforce reduction plans, including the number of employees impacted by a restructuring plan, the estimated expenses the Company will recognize, the timing of these payments and expenses, and anticipated cost savings associated with such plans; (i) challenges in execution of business strategy; (j) financial projections and expectations, including profitability of certain business units, synergies, benefits and other matters related to the acquisition of the high-speed ethernet, network security and channel emulation testing business of Spirent Communications plc; (k) challenges integrating the businesses the Company has acquired and realizing all of the expected benefits and savings; (l) supply chain and materials constraints and the ability of our suppliers and contract manufacturers to meet production and delivery requirements to our forecasted demand; (m) potential disruptions or delays to our manufacturing and operations due to climate conditions and natural disasters in the regions where we operate, such as wildfires, drought conditions and related water shortages in Arizona, as well as wildfires in Northern California and related blackouts and power outages in that region; (n) the uncertain and ongoing impact to our supply chain of geopolitical tensions, such as the ongoing conflict between Russia and Ukraine and the instability in the Middle East, evolving global trade and tariff negotiations and the uncertain tariff landscape, sanctions and other trade measures imposed by domestic and foreign governments, adverse actions and escalating tensions with foreign governments, including China, and the possibility of escalation of "trade wars," cyber-attacks, and retaliatory measures; (o) the impact of infectious disease outbreaks, epidemics, and pandemics on our financial results, revenues, customer demand, business operations and manufacturing and on the business operations of our customers, contract manufacturers and suppliers; and (p) inherent uncertainty related to global markets, including inflationary pressures, recessions, tightening monetary policy and liquidity, and the effect of such markets on demand for our products. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. For more information on the risks and uncertainties associated with the Company's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. The forward-looking statements contained in this press release are made as of the date thereof and the Company assumes no obligation to update such statements. We have not filed our Form 10-Q for the quarter ended March 28, 2026. As a result, all financial results described in this earnings release should be considered preliminary, and are subject to change to reflect any necessary adjustments or changes in accounting estimates, that are identified prior to the time we file the Form 10-Q.Contact InformationInvestors:
Vibhuti Nayar
408-404-6305
vibhuti.nayar @JEG-8624
amit.malhotra@viavisolutions.comThe following financial tables are presented in accordance with GAAP, unless otherwise specified.-SELECTED PRELIMINARY FINANCIAL DATA - VIAVI SOLUTIONS INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in millions, except per share data)(unaudited)PRELIMINARY

Three Months Ended
Nine Months Ended
March 28, 2026
March 29, 2025
March 28, 2026
March 29, 2025Net revenue$          406.8
$          284.8
$        1,075.2
$          793.8Cost of revenues159.7
118.0
429.1
323.5Amortization of acquired technologies13.0
6.1
32.4
12.7Gross profit234.1
160.7
613.7
457.6Operating expenses:






Research and development71.0
50.0
192.9
151.5Selling, general and administrative113.6
101.3
344.9
259.7Amortization of other intangibles7.4
1.2
15.2
3.3Restructuring and related charges (benefits) 17.3
(0.3)
16.9
0.9Total operating expenses209.3
152.2
569.9
415.4Income from operations24.8
8.5
43.8
42.2Interest and other income (expense), net3.3
2.2
(34.0)
9.3Interest expense(14.3)
(7.5)
(37.0)
(22.5) Income (loss) before income taxes and equity investment earnings13.8
3.2
(27.2)
29.0Provision for (benefit from) income taxes7.4
(16.3)
36.1
2.2Equity investment earnings—
—
0.2
—Net income (loss)$             6.4
$            19.5
$          (63.1)
$            26.8







Net income (loss) per share:






Basic$            0.03
$            0.09
$          (0.28)
$            0.12Diluted$            0.03
$            0.09
$          (0.28)
$            0.12







Shares used in per share calculations:






Basic232.0
222.6
226.2
222.2Diluted249.5
226.9
226.2
225.2
The preliminary financial statements are estimated based on our current information. VIAVI SOLUTIONS INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in millions, unaudited)PRELIMINARY

March 28, 2026
June 28, 2025ASSETS


Current assets:


Cash and cash equivalents$                499.0
$                423.6Short-term investments1.8
1.7Restricted cash7.2
3.7Accounts receivable, net320.3
261.0Inventories, net147.9
117.9Prepayments and other current assets77.5
77.3Total current assets1,053.7
885.2Property, plant and equipment, net222.5
231.9Goodwill, net701.8
595.7Intangibles, net398.0
131.6Deferred income taxes79.7
87.2Other non-current assets72.1
62.2Total assets$              2,527.8
$              1,993.8LIABILITIES AND STOCKHOLDERS' EQUITY


Current liabilities:


Accounts payable$                 81.7
$                 68.8Accrued payroll and related expenses72.8
63.6Deferred revenue85.2
74.1Accrued expenses27.8
28.7Short-term debt244.5
246.2Other current liabilities140.5
108.3Total current liabilities652.5
589.7Long-term debt836.3
396.3Other non-current liabilities192.5
227.6Total liabilities1,681.3
1,213.6Total stockholders' equity846.5
780.2Total liabilities and stockholders' equity$              2,527.8
$              1,993.8
The preliminary financial statements are estimated based on our current information. VIAVI SOLUTIONS INC.REPORTABLE SEGMENT INFORMATION(in millions, unaudited)PRELIMINARY

Three Months Ended March 28, 2026








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$      321.5
$       85.3
$            —
$      406.8







Gross profit$      210.0
$       42.9
$        (18.8)
$      234.1Gross margin65.3 %
50.3 %


57.5 %







Operating income$       55.4
$       30.1
$        (60.7)
$       24.8Operating margin17.2 %
35.3 %


6.1 %








Three Months Ended March 29, 2025








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$      208.2
$       76.6
$            —
$      284.8







Gross profit$      131.3
$       39.5
$        (10.1)
$      160.7Gross margin63.1 %
51.6 %


56.4 %







Operating income$       21.7
$       26.0
$        (39.2)
$         8.5Operating margin10.4 %
33.9 %


3.0 %








Nine Months Ended March 28, 2026








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$     829.0
$     246.2
$           —
$   1,075.2







Gross profit$     534.7
$     125.9
$        (46.9)
$     613.7Gross margin64.5 %
51.1 %


57.1 %







Operating income $     117.1
$       86.9
$       (160.2)
$       43.8Operating margin14.1 %
35.3 %


4.1 %








Nine Months Ended March 29, 2025








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$     567.5
$     226.3
$           —
$     793.8







Gross profit$     357.9
$     119.0
$        (19.3)
$     457.6Gross margin63.1 %
52.6 %


57.6 %







Operating income $       31.8
$       80.2
$        (69.8)
$       42.2Operating margin5.6 %
35.4 %


5.3 %
(1) See Reconciliation of GAAP Measures from Continuing Operations to Non-GAAP Measures below for details of Other Items.
The preliminary financial schedules are estimated based on our current information.Use of Non-GAAP (Adjusted) Financial MeasuresThe Company provides non-GAAP operating income, non-GAAP operating margin, non-GAAP net income and non-GAAP EPS financial measures as supplemental information regarding the Company's operational performance and believes providing this additional information allows investors to see Company results through the eyes of management, to evaluate more clearly and consistently the Company's core operational performance and expenses and evaluate the efficacy of the methodology used by management to measure such performance. The Company uses the measures disclosed in this release to evaluate the Company's historical and prospective financial performance, as well as its performance relative to its competitors. Specifically, management uses these items to further its own understanding of the Company's core operating performance, which the Company believes represents its performance in the ordinary, ongoing and customary course of its operations. Accordingly, management excludes from core operating performance items such as those relating to certain purchase price accounting adjustments, amortization of acquisition related intangibles, amortization expense related to acquisition related inventory step-up, stock-based compensation, legal settlements, restructuring, changes in fair value of contingent consideration liabilities, certain investing and acquisition related expenses and other activities and income tax expenses or benefits that management believes are not reflective of such ordinary, ongoing and core operating activities. The non-GAAP adjustments are outlined below. Cost of revenues, costs of research and development and costs of selling, general and administrative: The Company's GAAP presentation of gross margin and operating expenses may include (i) additional depreciation and amortization from changes in estimated useful life and the write-down of certain property, plant and equipment and intangibles, (ii) charges such as severance, benefits and outplacement costs related to restructuring plans with a specific and defined term, (iii) costs for facilities not required for ongoing operations, and costs related to the relocation of certain equipment from these facilities and/or contract manufacturer facilities, (iv) stock-based compensation, (v) amortization expense related to acquired intangibles, (vi) amortization expense related to acquisition related inventory step-up, (vii) changes in fair value of contingent consideration liabilities, (viii) acquisition related transaction and integration costs related to acquired entities, (ix) significant legal settlements and other contingencies and (x) other charges unrelated to our core operating performance comprised mainly of other costs and contingencies unrelated to current and future operations, including transformational initiatives such as the implementation of simplified automated processes, site consolidations, and reorganizations. The Company excludes these items in calculating non-GAAP operating margin, non-GAAP net income and non-GAAP EPS.Non-cash interest expense and other expense: The Company excludes certain expenses, including loss on debt extinguishment, accretion of debt discount, and other non-cash activities that management believes are not reflective of such ordinary, ongoing and core operating activities, when calculating non-GAAP net income and non-GAAP EPS.Income tax expense or benefit: The Company excludes certain non-cash tax expense or benefit items, such as (i) the utilization of net operating losses (NOLs) where valuation allowances were released, (ii) intra-period tax allocation benefit and (iii) the tax effect for amortization of non-tax deductible intangible assets, in calculating non-GAAP net income and non-GAAP EPS.Non-GAAP financial measures are not in accordance with, preferable to, or an alternative for, generally accepted accounting principles in the United States. The GAAP measure most directly comparable to non-GAAP operating income is operating income. The GAAP measure most directly comparable to non-GAAP operating margin is operating margin. The GAAP measure most directly comparable to non-GAAP net income is net income. The GAAP measure most directly comparable to non-GAAP EPS is earnings per share.VIAVI SOLUTIONS INC.RECONCILIATION OF GAAP MEASURES FROM CONTINUING OPERATIONSTO NON-GAAP MEASURES(in millions, except per share data)(unaudited)PRELIMINARY
The following tables reconcile GAAP measures to non-GAAP measures:

Three Months Ended
Nine Months Ended
March 28, 2026
March 29, 2025
March 28, 2026
March 29, 2025
Gross
Profit
Gross
Margin
Gross
Profit
Gross
Margin
Gross
Profit
Gross
Margin
Gross
Profit
Gross
MarginGAAP measures $   234.1
57.5 %
$   160.7
56.4 %
$   613.7
57.1 %
$   457.6
57.6 %Stock-based compensation1.1
0.3 %
2.0
0.7 %
3.2
0.3 %
4.5
0.6 %Other charges unrelated to core operating performance (1)3.8
1.0 %
0.3
0.1 %
5.2
0.5 %
0.4
0.1 %Amortization of acquisition related inventory step-up0.9
0.2 %
1.7
0.6 %
6.1
0.5 %
1.7
0.2 %Amortization of intangibles13.0
3.2 %
6.1
2.2 %
32.4
3.0 %
12.7
1.6 %Total related to Cost of Revenues18.8
4.7 %
10.1
3.6 %
46.9
4.3 %
19.3
2.5 %Non-GAAP measures $   252.9
62.2 %
$   170.8
60.0 %
$   660.6
61.4 %
$   476.9
60.1 %




Three Months Ended
Nine Months Ended
March 28, 2026
March 29, 2025
March 28, 2026
March 29, 2025
Operating
Income
Operating
Margin
Operating
 Income
Operating
Margin
Operating
Income
Operating
Margin
Operating
Income
Operating
MarginGAAP measures$    24.8
6.1 %
$     8.5
3.0 %
$    43.8
4.1 %
$    42.2
5.3 %Stock-based compensation13.9
3.4 %
14.1
4.9 %
41.2
3.8 %
40.5
5.1 %Change in fair value of contingent liability2.6
0.6 %
2.5
0.9 %
24.3
2.3 %
(4.9)
(0.6) %Acquisition and integration related charges0.7
0.2 %
13.3
4.7 %
12.4
1.1 %
16.7
2.1 %Other charges unrelated to core operating performance (2)4.9
1.2 %
0.6
0.2 %
11.7
1.1 %
0.2
— %Amortization of acquisition related inventory step-up0.9
0.2 %
1.7
0.6 %
6.1
0.6 %
1.7
0.2 %Amortization of intangibles20.4
5.0 %
7.3
2.5 %
47.6
4.4 %
16.0
2.0 %Restructuring and related charges (benefits) 17.3
4.3 %
(0.3)
(0.1) %
16.9
1.6 %
0.9
0.1 %Litigation settlement —
— %
—
— %
—
— %
(1.3)
(0.1) %Total related to Cost of Revenues and Operating Expenses60.7
14.9 %
39.2
13.7 %
160.2
14.9 %
69.8
8.8 %Non-GAAP measures$    85.5
21.0 %
$    47.7
16.7 %
$   204.0
19.0 %
$   112.0
14.1 %




Three Months Ended
Nine Months Ended
March 28, 2026
March 29, 2025
March 28, 2026
March 29, 2025
Net Income
Diluted
EPS
Net Income
Diluted
EPS
Net (Loss)
Income
Diluted
EPS
Net 
Income
Diluted
EPSGAAP measures$     6.4
$    0.03
$    19.5
$    0.09
$   (63.1)
$   (0.28)
$    26.8
$    0.12Items reconciling GAAP Net Income (Loss) and EPS to Non-GAAP Net Income and EPS:














Stock-based compensation13.9
0.06
14.1
0.06
41.2
0.17
40.5
0.18Change in fair value of contingent liability2.6
0.01
2.5
0.01
24.3
0.11
(4.9)
(0.02)Acquisition and integration related charges0.7
—
13.3
0.06
12.4
0.05
16.7
0.08Other charges unrelated to core operating performance (2)4.9
0.02
0.6
—
11.7
0.05
0.2
—Amortization of acquisition related inventory step-up0.9
—
1.7
0.01
6.1
0.03
1.7
0.01Amortization of intangibles20.4
0.08
7.3
0.03
47.6
0.20
16.0
0.07Restructuring and related charges (benefits) 17.3
0.07
(0.3)
—
16.9
0.07
0.9
—   Litigation settlement —
—
—
—
—
—
(1.3)
(0.01)Non-cash interest expense and other expense (3)2.4
0.01
1.3
0.01
46.6
0.20
3.5
0.02(Benefits from) provision for income taxes(1.9)
(0.01)
(26.1)
(0.12)
8.5
0.04
(24.4)
(0.11)   Total related to Net Income and EPS61.2
0.24
14.4
0.06
215.3
0.92
48.9
0.22Non-GAAP measures $    67.6
$    0.27
$    33.9
$    0.15
$   152.2
$    0.64
$    75.7
$    0.34Shares used in per share calculation for Non-GAAP EPS

249.5


226.9


236.9


225.2
Note: Certain totals may not add due to rounding.(1) Included in the three months ended March 28, 2026 are charges of $3.6 million charges related to the write off of property, plant and equipment and other charges unrelated to core operating performance.(2) Included in the three months ended March 28, 2026 are charges of $3.9 million related to the write off of property, plant and equipment, $0.3 million of accelerated depreciation and other charges unrelated to core operating performance. In addition, included in the nine months ended March 28, 2026 are $3.5 million of losses on disposal of long-lived assets, $2.1 million charge for restoration services for a VIAVI facility impacted by a fire and other charges unrelated to core operating performance. Included in the nine months ended March 29, 2025 is a gain of $0.9 million on the sale of assets previously classified as held for sale and other charges unrelated to core operating performance.(3) The Company incurred losses of $3.7 million and $46.2 million for the three and nine months ended March 28, 2026, respectively, in connection with the extinguishment of certain 1.625% Senior Convertible Notes and prepayments of the Term Loan B.The preliminary financial schedules are estimated based on our current information. VIAVI SOLUTIONS INC.RECONCILIATION OF GAAP MEASURES FROM CONTINUING OPERATIONSTO ADJUSTED EBITDA(in millions, unaudited)PRELIMINARY

Three Months Ended
Nine Months Ended
March 28, 2026
March 29, 2025
March 28, 2026
March 29, 2025GAAP Net income (loss) $              6.4
$            19.5
$           (63.1)
$            26.8Interest and other (income) expense, net (1)(3.3)
(2.2)
34.0
(9.3)Interest expense14.3
7.5
37.0
22.5Provision for (benefit from) income taxes7.4
(16.3)
36.1
2.2Equity investment earnings—
—
(0.2)
—Depreciation10.3
9.3
30.1
28.8Amortization20.4
7.3
47.6
16.0EBITDA55.5
25.1
121.5
87.0Restructuring and related charges (benefits) 17.3
(0.3)
16.9
0.9Stock-based compensation13.9
14.1
41.2
40.5Change in fair value of contingent liability2.6
2.5
24.3
(4.9)Acquisition and integration related charges0.7
13.3
12.4
16.7Other charges (benefits) unrelated to core operating performance (2)4.6
0.6
11.3
(1.3)Amortization of acquisition related inventory step-up0.9
1.7
6.1
1.7Adjusted EBITDA$            95.5
$            57.0
$           233.7
$           140.6
Note: Certain totals may not add due to rounding.(1) The Company incurred losses of $3.7 million and $46.2 million for the three and nine months ended March 28, 2026, respectively, in connection with the extinguishment of certain 1.625% Senior Convertible Notes and prepayments of the Term Loan B.(2) Included in the three months ended March 28, 2026 are charges of $3.9 million related to the write off of property, plant and equipment and other charges unrelated to core operating performance. In addition, included in the nine months ended March 28, 2026 are $3.5 million of losses on disposal of long-lived assets, $2.1 million charge for restoration services for a VIAVI facility impacted by a fire and other charges unrelated to core operating performance. Included in the nine months ended March 29, 2025 is a gain of $0.9 million on the sale of assets previously classified as held for sale and other charges unrelated to core operating performance.
The preliminary financial schedules are estimated based on our current information. 



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Original: VIAVI Announces Third Quarter Fiscal 2026 Results

VIAVI Announces Investment in PCIe 7.0 Protocol Analysis Testing PlatformApril 27, 2026 6:30 AM
PR Newswire (US)

New design will be showcased at PCI-SIG Devcon from May 6-7CHANDLER, Ariz., April 27, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced investment in its new PCIe® 7.0 protocol analysis testing platform which will include analyzers, exercisers and high-performance interposers from the VIAVI Xgig® family. The Xgig PCIe 7.0 analysis chassis design will be showcased for the first time at the PCI-SIG® Developers Conference from May 6-7, 2026 at the Santa Clara Convention Center.







PCI Express® is a high-speed computer expansion bus standard that enables emerging applications in industries ranging from data center, hyperscale, cloud, AI and Machine Learning (ML) to quantum computing, IoT, automotive and defense. Operating at 128 GT/s data rates, PCIe 7.0 doubles the bandwidth and throughput of the previous PCIe 6.0 specification.A robust platform designed to provide deep insights, the new Xgig PCIe 7.0 platform will include the familiar Xgig Software Suite with Trace Control, Expert and Serialytics. It provides full-stack analysis for PCIe, IDE, NVMe, and CXL 3.x and beyond; Link Training and Status State Machine (LTSSM) override testing; auto tuning; port bifurcation; and Python API scripting. These advanced analysis capabilities will enable users to achieve more robust product performance and reduce troubleshooting time."PCIe 7.0 enables data to move faster inside servers between CPUs, GPUs, NICs, accelerators and memory, while providing support for PCIe over optics for longer-reach, rack-scale interconnects," said Tom Fawcett, Senior Vice President and General Manager, Lab & Production, VIAVI. "Testing at PCIe 7.0 data rates will create increasing challenges for developers of chips, peripherals and systems. As one of the few companies with expertise in PCIe compliance testing, VIAVI is proud to invest in this emerging ecosystem."  PCI-SIG Devcon attendees can learn more about VIAVI's PCIe 7.0 roadmap and view an Xgig 7P16 PCIe 7.0 chassis at VIAVI's booth #1.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.PCI-SIG, PCI Express, and PCIe are trademarks or registered trademarks of PCI-SIG. CXL is a registered trademark of the CXL Consortium.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 



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Original: VIAVI Announces Investment in PCIe 7.0 Protocol Analysis Testing Platform

Inertial Labs, a VIAVI Solutions Company, Advances 3D Terrain and Surface Modeling with PCMasterPro 1.16 for RESEPIApril 16, 2026 6:30 AM
PR Newswire (US)

New software with enterprise-scale 3D processing delivers up to 200% faster performanceCHANDLER, Ariz., April 16, 2026 /PRNewswire/ -- Inertial Labs, a VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) Company, today announced its new PCMasterPro 1.16 software for 3D terrain and feature modeling, which now includes scalable enterprise capabilities and up to 200% faster processing speed. Combined with other new features including automated capabilities and real-time haptics, PCMasterPro 1.16 helps engineers, cartographers, surveyors and VFX designers to create realistic digital twin models based on geospatial and 3D data.







PCMasterPro 1.16 is designed to support the Remote Sensing Payload Instrument (RESEPI™) product line, a best-in-class combined Dual Antenna GNSS-Aided Inertial Navigation System, datalogger, LiDAR, camera and communications system that allows for the real-time and post-processed generation of point cloud solutions.PCMasterPro 1.16 facilitates autonomous data processing and management using an updated batch processor equipped with profiles, templates and intuitive workflows. New command-line utilities and a user-friendly interface enable 3D professionals to customize their workflows with desired inputs. Extensive optimization features including mass implementation of parallel processes and real-time quality control haptics further simplify data import, projection and export, significantly improving data processing capabilities and user experience."Having trusted data and end-to-end 3D processing and refinement across hardware and software is essential to ensuring accuracy, consistency and reliability from capture to visualization," said Jamie Marraccini, Vice President, Inertial Labs Products, VIAVI. "PCMasterPro, which supports the RESEPI product line, offers these capabilities – from tightly coupled inertial-based algorithms and reporting to locally referenced simultaneous localization and mapping (SLAM) generated point clouds. These tools enable professionals to make confident decisions, scale complex workflows and create digital twins that realistically reflect the real world."To further support digital twin users, PCMasterPro 1.16 has expanded its export format types to include PCD, PLY, E57, LAS and LAZ in colorized and uncolorized workflows. The models have photorealistic capabilities by embedding RGB information in data points.Other updates to the software include support for additional coordinate systems, accuracy reporting, colorization options within the interface, real-time streaming updates, enhanced support for ground control points and more. In addition, a calibration toolchain improves camera alignment and projection quality, ensuring the user is getting the best results.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 














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Original: Inertial Labs, a VIAVI Solutions Company, Advances 3D Terrain and Surface Modeling with PCMasterPro 1.16 for RESEPI

VIAVI Announces Date for Fiscal Third Quarter 2026 Financial ResultsApril 15, 2026 4:30 PM
PR Newswire (US)

CHANDLER, Ariz., April 15, 2026 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal third quarter 2026 financial results for the period ended March 28, 2026, on Wednesday, April 29, 2026, after the close of market.







The Company will host an earnings call at 1:30 p.m. PT / 4:30 p.m. ET. A live webcast of the call and the replay will be available on the VIAVI website at https://investor.viavisolutions.com. The quarterly earnings press release, supplementary slides and historical financial tables will be posted under the "Quarterly Results" section.To participate via telephone: Toll-Free Dial-In Number:1 (833) 461-5787Toll Dial-In Number:         1 (585) 542-9983Conference ID:               946438490About VIAVI Solutions
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Investors Contact:
Vibhuti Nayar, 408-404-6305; investor.relations @JEG-8624; amit.malhotra@viavisolutions.com



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Original: VIAVI Announces Date for Fiscal Third Quarter 2026 Financial Results

VIAVI TTworkbench and M1 Appliance Recognized as Avnu Certification Test Tool for TSN Component TestingApril 14, 2026 6:30 AM
PR Newswire (US)

New certification supports IEEE TSN compliance testing and accelerates multi-vendor interoperability in a single platformCHANDLER, Ariz., April 14, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that its TTworkbench gPTP test suite and TestCenter M1 Appliance have been recognized as an IEEE 802.1AS Avnu Certification Test Tool (CTT) solution under the Avnu Alliance Time-Sensitive Networking (TSN) Component Certification Program. The solution will be showcased at the Avnu Alliance Plugfest, which takes place April 20–24 in London.







With this recognition, VIAVI expands the portfolio of Avnu CTT available to device manufacturers, silicon providers and Avnu-recognized test laboratories validating conformance for TSN protocols. The CTT enables customers to validate against Avnu conformance test plans and ensure interoperability across complex, multi-vendor TSN ecosystems.VIAVI's CTT helps customers streamline component certification within the Avnu Alliance ecosystem by consolidating validation into a single, integrated workflow. The solution reduces complexity, accelerates certification timelines and enables more efficient multi-vendor interoperability testing as certification needs evolve."This recognition underscores the strength of VIAVI's unified approach to TSN validation," said Aniket Khosla, Vice President of Product Management, Lab and Production, VIAVI. "By combining automated TSN conformance testing with high-precision traffic generation and timing analysis, our solution enables customers to accelerate certification cycles while gaining greater confidence in multi-vendor interoperability.""The Avnu Alliance Component Certification Program is designed to grow industry confidence in interoperable, standards-based TSN implementations," said Jeremy Rover, Co-Chair Certification Working Group, Avnu Alliance. "By adding VIAVI's CTT solution to the program, we are expanding access to trusted tools that support efficient certification workflows and help device manufacturers and test labs accurately reflect product conformance to Avnu test plans with confidence."The Avnu Alliance Component Certification Program supports standardized conformance validation and interoperability assurance across TSN-enabled devices, helping reduce ecosystem fragmentation as adoption grows in automotive, industrial, professional audio, aerospace and defense, and other time-sensitive networking applications.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529










View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-ttworkbench-and-m1-appliance-recognized-as-avnu-certification-test-tool-for-tsn-component-testing-302740710.htmlSOURCE VIAVI Solutions

Original: VIAVI TTworkbench and M1 Appliance Recognized as Avnu Certification Test Tool for TSN Component Testing

VIAVI Partners with Ground Control to Enable Assured Maritime Vessel Tracking and Navigation in GNSS-Denied EnvironmentsApril 2, 2026 6:30 AM
PR Newswire (US)

Secure µPNT STL-1000 provides precise timing with holdover capability in D3SOECHANDLER, Ariz., April 2, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced its partnership with satellite communications and positioning solutions provider Ground Control to integrate its Secure µPNT™ STL-1000 into the RockFLEET Assured asset tracking and assured navigation solution.







In today's contested global environment, resilient Position, Navigation and Timing (PNT) capabilities are crucial to safeguard critical infrastructure and assets. Reliance on GPS/GNSS alone leaves systems vulnerable to jamming, spoofing and disruption. VIAVI's Secure µPNT STL-1000 is a compact software-defined receiver designed to operate with the VIAVI SecureTimeSM altGNSS LEO services. Delivering precise timing with holdover capability, it enables tracking, authentication and assured navigation in Denied, Degraded, and Disrupted Space Operational Environment (D3SOE)."With jamming and spoofing now a core element of cyber warfare, resilient PNT solutions are no longer optional," said Doug Russell, Senior Vice President and General Manager, Aerospace and Defense, VIAVI. "The Secure µPNT STL-1000 enables assured, uninterrupted operations, especially in contested environments. Its compact size and low power consumption makes it ideal for applications that require an extremely small, low-power, secure, resilient embedded PNT receiver.""As the frequency of jamming and spoofing continues to rise, reliance on GPS/GNSS signals alone increasingly exposes both commercial and military operations to risk," said Alastair MacLeod, CEO of Ground Control. "Integrating VIAVI's Secure µPNT STL-1000 into RockFLEET Assured delivers a trusted secondary position source, strengthening resilience for mission-critical operations across defense, maritime and critical infrastructure environments."RockFLEET Assured is a marine-grade Assured Position, Navigation and Timing (A-PNT) solution designed to support maritime vessel navigation and oversight in GNSS-denied environments.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529










View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-partners-with-ground-control-to-enable-assured-maritime-vessel-tracking-and-navigation-in-gnss-denied-environments-302732226.htmlSOURCE VIAVI Solutions

Original: VIAVI Partners with Ground Control to Enable Assured Maritime Vessel Tracking and Navigation in GNSS-Denied Environments

VIAVI Launches Observer Threat Forensics for NetSecOps with Advanced Retrospective AnalysisMarch 18, 2026 6:30 AM
PR Newswire (US)

Creates unified view of the organization, eliminates noise or data gaps, and allows retrospective analysis across network, application and user domains CHANDLER, Ariz., March 18, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced its Observer Threat Forensics solution with an advanced retrospective analysis capability. Observer Threat Forensics will be showcased at VIAVI's booth N5484 at the RSA Conference from March 23-26 in San Francisco, CA.







The industry is shifting away from siloed network and security operations teams to a converged NetSecOps structure to close critical gaps in incident responses and strengthen resilience. Designed to increase visibility across operational teams, Observer Threat Forensics helps organizations identify potential vulnerabilities including post-detection analyses of a breach, the intrusion point and the exposed data.Observer Threat Forensics is built on VIAVI's heritage in network operation management, combined with secure network infrastructure and threat intelligence powered by CrowdStrike®. It brings together packet insights, flow data and log telemetry into a unified NetSecOps workflow, as well as retrospective forensic capability. Additionally, the platform unites site, application, network and UC views into a simple, easy-to-read user dashboard that gives a complete view of the organization's end-user experience, as well as performance issues and their root causes.In the State of the Network study from VIAVI, 79 percent of the 750 responding CIOs and CISOs wanted convergence, believing the existing siloed model was ill-suited to modern networks and lacked key visibility, which could introduce risk. However, just 27 percent of the organizations surveyed have started to make the move."That two-thirds of those wanting to switch still have not done so highlights the challenges organizations face when transitioning to a converged operational framework," said Chris Labac, Vice President and General Manager, Network Performance and Threat Solutions, VIAVI. "VIAVI's Observer Threat Forensics leverages common datasets already collected for our network performance monitoring platform. Because the network traffic, enriched flow data, and metadata are already there, NetOps and SecOps can use the same data to gain performance insights and investigate security threats. We've built in an advanced array of NetSecOps functions that together give better awareness of the situation across the entire enterprise, eliminate noise and close the data gaps.""Security and network teams can no longer operate in silos – because adversaries don't," said Daniel Bernard, Chief Business Officer, CrowdStrike. "By integrating CrowdStrike's real-time adversary intelligence into VIAVI's deep network visibility, organizations gain the context they need to quickly investigate incidents, understand impact and stop breaches across domains. Together, we're helping customers unify NetSecOps workflows with the adversary intelligence required to outpace modern threats."VIAVI will be demonstrating Observer Threat Forensics at the RSA Conference as part of its solution portfolio across the NetSecOps lifecycle, from pre-deployment security and performance validation to live threat forensics. Chris Labac and Yury German, Senior Product Manager, will present NetSecOps: Network Visibility for Stronger Security and Performance at the RSAC Insights Theater at 1:30 PM PT on March 24. VIAVI will also showcase CyberFlood security and network application performance testing at its booth.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529



View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-launches-observer-threat-forensics-for-netsecops-with-advanced-retrospective-analysis-302716801.htmlSOURCE VIAVI Solutions

Original: VIAVI Launches Observer Threat Forensics for NetSecOps with Advanced Retrospective Analysis

Infraeo to Showcase High Speed Connectivity Solutions with VIAVI Solutions at OFC 2026March 17, 2026 11:45 AM
PR Newswire (US)

Infraeo and VIAVI to demonstrate 800G and 1.6T interconnect validation for AI infrastructure at OFC 2026.ROUND ROCK, Texas, March 17, 2026 /PRNewswire-PRWeb/ -- Infraeo, an industry leader of high-performance interconnect solutions for AI infrastructure and hyperscale data centers, will showcase several next-generation connectivity solutions in collaboration with VIAVI Solutions at OFC 2026 in the Los Angeles Convention Center.
Aniket Khosla, VP of Product Management at VIAVI. "We're proud to collaborate with Infraeo at OFC to demonstrate real-world interoperability of their interconnects and the rigorous test workflows required to move innovation from the lab to the live network."At the VIAVI's booth #1239, Infraeo solutions will be featured as part of high-speed networking and validation environments supporting the industry's transition to 800G and 1.6T connectivity.The joint demo includes Infraeo's 1.6T OSFP Active Electrical Cable (AEC) and 800G QSFP-DD AEC, designed to support next-generation high-bandwidth interconnects for AI clusters, hyperscale data centers, and high-performance computing platforms. These demonstrations will be validated using VIAVI's latest high-performance test and measurement platforms, ensuring line-rate performance and power efficiency for interconnects used in next-generation AI fabrics and data center architectures. VIAVI's focus on open, multi-vendor interoperability underscores the importance of lab-to-field validation to confidently scale 800G and 1.6T deployments.Infraeo will also highlight its 400G QSFP112 LPO SR4 transceiver, a low-power optical module designed to deliver high-performance connectivity while reducing power consumption in next-generation data center networks."Interoperability and validation across the ecosystem are critical as the industry moves toward 800G and 1.6T connectivity," said Rakesh Sambaraju, EVP at Infraeo. "Working with industry-leading test equipment partners like VIAVI allows us to ensure our solutions are ready for real-world AI and hyperscale deployments.""As the industry accelerates toward 800G, 1.6T, and AI-scale network architectures, the ability to validate performance, latency, and power efficiency across a diverse ecosystem is critical," said Aniket Khosla, VP of Product Management at VIAVI. "VIAVI's high-speed Ethernet test solutions are designed to give customers the confidence to deploy at scale. We're proud to collaborate with Infraeo at OFC to demonstrate real-world interoperability of their interconnects and the rigorous test workflows required to move innovation from the lab to the live network."Through collaboration with ecosystem partners such as VIAVI, Infraeo continues to support interoperability testing and system validation for emerging high-speed networking technologies.Visitors to OFC 2026 can see the demonstrations at VIAVI's booth #1239 or learn more about Infraeo's portfolio of 800G and 1.6T connectivity solutions at Infraeo's booth #5033.About InfraeoInfraeo is a global leader in next-generation high-speed optical and copper interconnect solutions for AI clusters. With industry-first innovations such as 9m 800G AECs, sub-5W multimode LPOs, and 1.6T active copper cables, Infraeo is driving the transition to scalable, energy-efficient connectivity. Backed by a global supply chain and a production capacity exceeding 200,000 units per month, Infraeo delivers custom-engineered solutions with faster lead times and superior performance. Trusted by hyperscalers and OEMs alike, Infraeo is redefining the standards for low-latency, low-power networking at scale.About VIAVIVIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation, and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway, and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial, and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn, and YouTube.Media Contact
Bei Lin, Infraeo, 1 5128158036, blin@infraeo.com, www.infraeo.com LinkedIn



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Original: Infraeo to Showcase High Speed Connectivity Solutions with VIAVI Solutions at OFC 2026

VIAVI Launches TestCenter D2 1.6T Appliance to Accelerate AI Infrastructure Rollouts Across Hyperscale and Cloud Data Center EnvironmentsMarch 12, 2026 6:30 AM
PR Newswire (US)

CHANDLER, Ariz., March 12, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced the launch of its next-generation TestCenter D2 1.6T Appliance designed to help cloud providers, hyperscalers, neoclouds and network equipment manufacturers accelerate the rollout of 1.6T Ethernet networks. The D2 appliance is the latest addition to VIAVI's comprehensive portfolio of advanced L0-7 PHY validation, AI fabric and network test solutions.







The shift from 800G to 1.6T deployments for AI backend infrastructure is expected to begin in earnest this year. Additionally, cloud providers are transitioning toward larger and more diverse AI clusters. High-speed Ethernet continues to gain momentum as the preferred fabric for AI infrastructure due to its scalability, interoperability and rapid innovation pace.The TestCenter D2 1.6T Appliance is among the first test platforms created specifically for 1.6T networks running AI workloads and deployed in multi-vendor environments. It gives the user the ability to validate performance, scale, robustness and reliability in cutting-edge high-speed Ethernet networks. Featuring scalable traffic capacity, industry-leading performance, traffic generation and analysis capabilities, the TestCenter D2 1.6T Appliance helps network managers shorten development cycles, improve efficiency and ensure networks are ready for the massive data-intensive demands of AI-driven applications."Current validation technologies are struggling to keep pace with the unprecedented performance and scale requirements of AI and next-generation cloud architectures, which is creating bottlenecks and slowing service rollouts," said Tom Fawcett, Senior Vice President and General Manager, Lab and Production, VIAVI. "The launch of the TestCenter D2 1.6T Appliance helps change this, giving customers the confidence they need in the speed, reliability and interoperability of new 1.6T-class networks."In addition to supporting the latest 1.6T Ethernet technologies, the TestCenter D2 1.6T Appliance implements multi-rate operations for a wide range of next-generation network architectures. The platform also delivers extremely high traffic capacity to help customers validate network performance at full scale, including for AI workload emulation.It has been designed with the unique needs of AI data centers in mind, enabling users to replicate a multitude of large-scale, real-world CCL AI workloads to ensure reliability, efficiency and performance before deployment. Expanded support is also available for advanced optics and emerging interconnect technologies, ensuring customers can test a wide range of new modules and configurations as the ecosystem evolves.The TestCenter D2 1.6T Appliance will be showcased at VIAVI's booth 1239 at OFC 2026 from March 17-19 in Los Angeles, CA. It has received a 4.0 score in the 2026 Lightwave Innovation Reviews. About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 










View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-launches-testcenter-d2-1-6t-appliance-to-accelerate-ai-infrastructure-rollouts-across-hyperscale-and-cloud-data-center-environments-302710807.htmlSOURCE VIAVI Solutions

Original: VIAVI Launches TestCenter D2 1.6T Appliance to Accelerate AI Infrastructure Rollouts Across Hyperscale and Cloud Data Center Environments

VIAVI Launches Industry-Leading True-Phase DAS Fiber Sensing Interrogator with AI/ML at the Edge to Enable Real-Time Infrastructure MonitoringMarch 10, 2026 6:30 AM
PR Newswire (US)

System implements patented phase-based DAS techniques to deliver the highest fidelity data and actionable informationCHANDLER, Ariz., March 10, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced the launch of a new next-generation fiber test head for distributed acoustic sensing (FTH-DAS) to enhance their NITRO™ Fiber Sensing solution. The FTH-DAS is a true-phase DAS interrogator with embedded AI and machine learning (ML) engine. Designed for the network edge, the FTH-DAS interrogator enables multi-event detection and localization with real-time event classification across multiple fibers directly on the device.







"By combining on-device Machine Learning alongside a patented true-phase DAS technique, the VIAVI FTH-DAS delivers the enhanced measurement accuracy and interpretation needed for real-time intelligence," said Kevin Oliver, Vice President and General Manager, Fiber and Access Solutions, VIAVI. "To put this into context, a gas pipeline operator would not only be able to detect leaks, but also nearby digging, vehicles and even footsteps, with the AI allowing for instantaneous and true alerts to prevent accidental damage before it happens. Classic OTDR, temperature, strain and acoustic monitoring is now possible in a single fiber core for both dark and in-service fiber links."DAS fiber sensing uses traditional optical fibers as a continuous microphone to detect and locate damage and potential threats over long distances. The number of applications for DAS technology has risen significantly in recent years, and now includes threat identification for data centers and telecom network cables, security surveillance of borders and sensitive perimeters, as well as monitoring of critical infrastructure ranging from identifying pipeline leaks to detecting undersea power cable wear.VIAVI's AI/ML event detection and classification models have been developed based on decades of historical data. The tools and models are run and automatically updated at the edge on the FTH-DAS without the need for external, remote and centralized processing or manual intervention. The AI/ML engine analyzes data in real time from the fiber links under test, allowing minimal commissioning time while enhancing event identification, classification and tracking over time. Continuous, scalable model adaptation is implemented for automatic improvement in a private or VIAVI-managed cloud-based ecosystem.The true-phase DAS adopts a VIAVI-patented phase-stepping interferometry technique to recover the optical phase from Rayleigh backscatter. Beyond just detecting disturbances, this approach allows for true measurements of physical quantities such as strain, vibration amplitude, frequency and true acoustic power. Results are repeatable, objective and comparable across deployments, enabling applications beyond simple event detection and allowing robust ML training and inference.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 










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Original: VIAVI Launches Industry-Leading True-Phase DAS Fiber Sensing Interrogator with AI/ML at the Edge to Enable Real-Time Infrastructure Monitoring

VIAVI to Showcase Breakthrough AI Fabric and Optical Test Advances at OFC 2026March 3, 2026 6:30 AM
PR Newswire (US)

Demonstrations include 1.6T high-speed Ethernet, silicon photonics, PCIe and fiber sensing solutionsCHANDLER, Ariz., March 3, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) will  showcase advanced technologies for the validation of next generation AI fabrics at scale at Optical Fiber Communication (OFC) 2026 from March 17-19 at the Los Angeles Convention Center.







The evolution of AI, security and high-speed photonics have converged to force a change in validation and optimization strategies. Today, the industry requires a comprehensive and AI fabric-aware view of the network. At booth 1239, VIAVI will highlight its latest solutions designed to help customers meet the challenges of modern AI interconnects, ensuring that tightly coupled high-performance systems maintain required throughput, reliability and scalability.Demonstrations will include 1.6T Ethernet, transceiver, connectivity and silicon photonic manufacturing solutions, PCIe® over optics, automated network test, and fiber sensing. VIAVI's ONE LabPro and TestCenter platforms for OSI L0-3 traffic generation and analysis will be showcased, alongside the recently announced hollow-core fiber test solution and DCX-700 optical loss test set for testing up to 24 fibers simultaneously.Highlighting the need for collaboration within the ecosystem, many of these demonstrations will be run in partnership with the Ethernet Alliance and the Fiber Optic Center. Interoperability demonstrations featuring next-gen Ethernet technologies will be presented in collaboration with Amphenol, Celestica and other industry partners.In addition, three new technologies will be unveiled at OFC 2026:New INX™ 700 probe microscopes featuring a more powerful battery system for uninterrupted, automated inspection of single and multifiber connectors. The new models are specifically engineered for hyperscale data centers, where long battery life and inspection speed are criticalThe industry's first high-density OSFP test platform to validate the interoperability, latency and power efficiency for next-generation 1.6T Ethernet infrastructure, delivering full line-rate performance for AI, cloud and hyperscale environmentsA new distributed acoustic sensing product with real-time edge-based AI and machine learning capabilitiesOn Monday, March 16 from 1:30 – 5:30 PM PT, VIAVI will be hosting a workshop on distributed fiber optic sensing for communication networks and infrastructure applications.On?Wednesday, March 18?from?2:30 – 3:30 PM PT in Expo Theatre II, VIAVI will join a Lightwave panel discussion on how optical technologies such as hollow core fiber redefine data center interconnection (DCI).OFC 2026 follows shortly after the Lightwave Innovation Awards. For the tenth year in a row, VIAVI's industry and technological leadership were recognized. Six solutions received awards, including the VIAVI ONE LabPro ONE-1600ER, TestCenter 1.6T Platform and A3 400G Appliance, mFVU-3000, DCX 700 and OneExpert Fiber.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 



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Original: VIAVI to Showcase Breakthrough AI Fabric and Optical Test Advances at OFC 2026

DOCOMO and VIAVI Demonstrate AI-Driven Network Control For 6GMarch 2, 2026 2:00 AM
PR Newswire (US)

Up to 20% throughput improvement demonstrated through control-overhead reduction using digital twin, AICHANDLER, Ariz., March 2, 2026 /PRNewswire/ -- NTT DOCOMO INC. and VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) have successfully completed a joint study demonstrating AI-driven radio access network (RAN) control for next-generation 6G mobile communications. The results will be showcased at VIAVI's Stand 5B18 at Mobile World Congress (MWC) Barcelona 2026, which takes place March 2-5 in Barcelona, Spain.







In conventional beamforming, base stations select and control transmission beams based on network quality measurements reported by user equipment (UEs). In the demonstration, DOCOMO's Self-awareness Network concept was evaluated using VIAVI's digital twin and TeraVM AI RAN Scenario Generator (AI RSG) network simulator. Results confirm that reducing control overhead improves the system throughput by up to 20% as it frees up wireless resources for data transmission.The demonstration was conducted in a simulated environment modeling multiple base stations around the Tokyo Station area. Each base station selected the optimal beam for each UE from eight candidate beams based on predicted network quality, with less measurement and reporting of network quality at the UE. Predictions were enabled by the VIAVI AI RSG, with measurements generated by the digital twin."This demonstration shows that the Self-awareness Network concept significantly reduces the need for conventional network quality measurements and UE reporting," said Ian Langley, Senior Vice President, Wireless Business Unit, VIAVI. "Intelligent technologies such as tailored network digital twins and AI-powered simulators based on high-quality, trusted, real-world data enable highly efficient network control.""AI and digital twin are expected to be deployed across a broad range of industries, and AI for network will contribute to the full spectrum of 6G values. We believe that this cooperation between the two companies will contribute to the realization of 6G technologies, including AI for network," said Hiroyuki Oto, Senior Vice President, General Manager of 6G-Tech Department, NTT DOCOMO.DOCOMO's Self-awareness Network is a concept leveraging AI and digital twin technologies to improve network performance and efficiency across diverse radio environments. Network quality is evaluated within a digital twin environment using data such as location information and radio propagation characteristics to determine optimal network control. Network control is then performed based on these evaluation results, whereby the utilization of AI technology can enable real-time adaptation to dynamic environments.DOCOMO and VIAVI will continue to advance studies on 6G mobile communications. The two companies will also further explore related technologies, including AI and digital twins.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.About NTT DOCOMO
NTT DOCOMO, Japan's leading mobile operator with over 91 million subscribers, is one of the global leaders in 3G, 4G and 5G mobile network technologies. Under the slogan "Bridging Worlds for Wonder & Happiness," DOCOMO is actively collaborating with global partners to expand its business scope from mobile services to comprehensive solutions, aiming to deliver unsurpassed value and drive innovation in technology and communications, ultimately to support positive change and advancement in global society.https://www.docomo.ne.jp/english/Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529NTT DOCOMO
Brand Communication Department
global_pr@nttdocomo.com
www.docomo.ne.jp/english/ 



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Original: DOCOMO and VIAVI Demonstrate AI-Driven Network Control For 6G

VIAVI Speeds Multifiber Certification with Optical Loss Test Set for Testing Up to 24 Fibers SimultaneouslyFebruary 24, 2026 6:30 AM
PR Newswire (US)

One-cord referencing and 24-fiber support reduce onboarding time and error rates in high-density fiber environments CHANDLER, Ariz., Feb. 24, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced the DCX 700 tier 1 optical loss test set for testing up to 24 fibers simultaneously. Building on years of experience in multifiber testing and designed to meet the fast-evolving needs of data centers, it helps simplify and accelerate multifiber certification for high-density fiber environments.







The multifiber tester is available with native support for 12-, 16- and 24-fiber configurations to streamline operations, eliminate the need for Y-cables and complex reference steps, and increase the number of certifications per shift. Additionally, its highly intuitive and automated workflow allows for one-cord referencing to simplify setup, prevent errors and reduce training time for new technicians."Cloud providers are scaling rapidly, with increased fiber density. As a result, the need for fast, accurate and repeatable fiber certification has never been greater," said Kevin Oliver, Vice President and General Manager, Fiber and Access Solutions, VIAVI. "Building on our expertise as a leader in multifiber testing, the VIAVI DCX 700 addresses these needs directly, providing the most technician-friendly platform that reduces setup time, improves test consistency and adapts to the ever-evolving connectivity needs of data centers."The DCX 700 supports tier 1 certification in line with relevant industry standards for data center fiber infrastructure. Additional features include the use of modular adaptors, which enable the DCX 700 to operate with both current and future connectivity types. A highly rugged design incorporates an extended-life battery for full-day use.The DCX 700 adds to VIAVI's strong portfolio of multifiber test solutions, which also includes the new INX™ 700 probe microscopes. The new INX 700 probe microscopes share a more powerful battery system with the DCX 700 for uninterrupted, automated inspection of single and multifiber connectors. The new models are specifically engineered for hyperscale data centers, where long battery life and inspection speed are critical.The DCX 700 will be showcased for the first time at VIAVI's booth D32 at Data Centre World London 2026 from March 4-5. The DCX 700 has also received a 4.0 score in the 2026 Lightwave Innovation Reviews.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 










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Original: VIAVI Speeds Multifiber Certification with Optical Loss Test Set for Testing Up to 24 Fibers Simultaneously

VIAVI Highlights Importance of Trusted Partner Collaboration in AI Era and Outlines Core Solution Areas for Communications and Networking at MWC BarcelonaFebruary 18, 2026 6:30 AM
PR Newswire (US)

Over 30 demonstrations across AI data center, security and quantum safe, mission-critical communications, AIOps, 6G and AI-RAN to be showcased at stand 5B18CHANDLER, Ariz., Feb. 18, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced its demonstration lineup for Mobile World Congress (MWC) Barcelona 2026, which takes place March 2-5. At VIAVI's booth 5B18, VIAVI will showcase its latest network testing, automation and intelligence solutions, with technology demonstrations across security and quantum-safe communications, mission-critical communications, AIOps, the AI data center, and 6G / AI-RAN.







"Networks, AI, security, wireless, photonics and sensing have all previously been separate domains, but they are now converging into a single, tightly coupled system," said Sameh Yamany, Chief Technology Officer, VIAVI. "This convergence is redefining how networks and critical infrastructure must be designed, validated and protected in these AI-first environments. At MWC, we reflect this new reality. Testing is shifting from components to validating and optimizing behavior, trust and resilience at scale."VIAVI will also host a live digital twin use case demonstration from the stand each day at 4 PM CET, which will highlight how all solution areas featured at the booth integrate into a complete end-to-end digital twin.More than 30 demonstrations across five core solution areas will be featured at the VIAVI booth. These include deep dives into the digital twin technologies required to train AI-RAN algorithms for 6G, AI data center scale up / scale out validation, assured Position, Navigation and Timing (APNT), Non-Terrestrial Network (NTN) testing and performance verification, and optimization for PQC/QKD. VIAVI's new ePRTC360+™, the only non-Cesium holdover clock to maintain 100 ns accuracy in GNSS-denied environments, will also be on display.As technology domains converge, partnerships become even more critical. In collaboration with more than 20 partner organizations, VIAVI will highlight additional demonstrations, including Agentic AI-RAN digital twins, ray-tracing-based lab testing of real-world UE behavior and ISAC applications for disaster monitoring. These collaborators include the AI-RAN Alliance, Amphenol, AWS, Calnex, Ericsson, GlobalLogic, Infosys, ITRI, Nokia, NVIDIA, R Systems, Rohde & Schwarz and more.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 



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Original: VIAVI Highlights Importance of Trusted Partner Collaboration in AI Era and Outlines Core Solution Areas for Communications and Networking at MWC Barcelona

VIAVI Launches Cesium-less ePRTC360+ Enhanced Primary Reference Time Clock as Alternative to Cesium-Accuracy Holdover ClockFebruary 17, 2026 6:30 AM
PR Newswire (US)

Only alternative to Cesium clocks to meet ITU-T G.8272.1 drift standard, with no time limit and at a fraction of the costCHANDLER, Ariz., Feb. 17, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has launched the patent-pending Cesium-less ePRTC360+™ holdover solution to safeguard at-risk critical power grids, transportation, aviation and public safety systems, 5G mobile networks and AI data center infrastructure against the increased threat of GNSS timing disruptions. It is the only alternative to Cesium clocks to meet ITU-T G.8272.1 standards.







The international ITU-T G.8272.1 standard stipulates that Enhanced Primary Reference Time Clock (ePRTC) holdover must have short-term drift of less than 30 ns when entering into holdover and a long-term drift of less than 100 ns over 14 days, all traceable to UTC. Previously achieved only by Cesium atomic clocks, VIAVI's ePRTC360+ now also meets this standard."The Cesium-less ePRTC360+ exceeds leading-edge Cesium-level holdover performance and does this for significantly lower price. This enables deployment across the sync network, particularly at edge sites which were previously cost-prohibitive with Cesium holdover clocks," said Doug Russell, Senior Vice President and General Manager, Aerospace and Defense, VIAVI.The ePRTC360+ has been successfully tested across a range of live-sky defense and commercial jamming/spoofing environments, and has been integrated into VIAVI's SecurePNT™ 6200 product series. The technology can maintain 100 ns accuracy during GNSS-denied threats through the resilient altGNSS GEO-L service with no time limit. It also combines an augmented VIAVI SecureTimeSM GEO anti-jamming antenna and an enhanced GNSS anti-spoofing antenna that also receive eGNSS GEO service with GPS/GNSS-NMA authentication for spoofing detection and mitigation.Unlike conventional GNSS omni-directional signals, which can be drowned out by low-power interference, VIAVI's exclusive and GNSS-independent GEO-L service leverages encrypted and highly directional L-band signals transmitted from geostationary satellites. Coupled with the augmented VIAVI SecureTime GEO antenna, the altGNSS GEO-L service provides enhanced anti-jamming protection and a resilient timing reference for the ePRTC360+'s internal Rubidium holdover oscillator and enables smooth multi-orbit source switchover, even when primary GNSS frequencies are jammed, spoofed or subject to sophisticated meaconing attacks.The affordability of ePRTC360+ clocks compared to Cesium clocks enable operators to deploy them beyond the core and across the network. They also complement non-RF Cesium clocks at the core. This boosts end-to-end sync network robustness and holdover reliability through meshed network PTP feeds as backup between the clocks, especially in case of local or regional jamming and/or spoofing threats.In addition, the ePRTC360+ addresses constraints posed by the use of Cesium clocks for holdover timing. These include sensitivity to shock, delicate and multi-stage startup procedures that take days to complete, the need for ECCN 3A001.i licenses for export, long GNSS learning period of up to 40 days, as well as strict shipping and storage protocols. In addition, Cesium tubes need to be replaced approximately every seven years, and the dismantling and disposal of Cesium clocks are classified as a hazard due to their material content.The ePRTC360+ eliminates these hurdles and has been designed for rapid and easy integration into any vendor's grandmaster clock system. It enables operators to meet stringent ePRTC requirements while reducing total cost of ownership.The ePRTC360+ will be demonstrated for the first time at VIAVI's Stand 5B18 at Mobile World Congress (MWC) Barcelona 2026, which takes place March 2-5 in Barcelona, Spain.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529










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Original: VIAVI Launches Cesium-less ePRTC360+ Enhanced Primary Reference Time Clock as Alternative to Cesium-Accuracy Holdover Clock

Inertial Labs, a VIAVI Solutions Company, Launches IRINS LEO-Aided Inertial Navigation SystemJanuary 29, 2026 6:30 AM
PR Newswire (US)

System enables full D3SOE operation on land, air and sea by integrating state-of-the-art positioning, navigation and timing technologies from VIAVICHANDLER, Ariz., Jan. 29, 2026 /PRNewswire/ -- Inertial Labs, a VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) company, has announced IRINS, a Low Earth Orbit (LEO)-aided inertial navigation system (INS) designed to allow full operation across land, air and sea in denied, degraded and disrupted space operating environments (D3SOE). Combining the capabilities of an INS, an altitude and heading reference system (AHRS) and a LEO PNT receiver, this platform marks a major milestone in VIAVI's leading portfolio for assured Positioning, Navigation and Timing (APNT) by bringing together the globally proven INS capabilities of Inertial Labs and the timing expertise of Jackson Labs.







The IRINS embedded system has been developed to counter the exponentially rising number of spoofing and jamming attacks that have affected military and critical infrastructure. Now, resilient LEO-based PNT and inertial navigation are available within a fully integrated system from a single vendor.The system combines an INS, an AHRS and the GNSS-independent STL-2600 LEO Iridium receiver module. These capabilities enable the system to not only calculate altitude, position, velocity and time data, but also minimize bias from causing drift. To help detect and eliminate attack signals, the device additionally integrates a GNSS receiver with a Controlled Reception Pattern Antenna (CRPA) port."The IRINS is the first fruit borne of VIAVI's visionary strategy to mitigate vulnerabilities in positioning, navigation and timing, bringing together resilient satellite-based timing with tactical-grade IMUs to deliver the most precise PNT for GNSS-denied environments," said Jamie Marraccini, Vice President, Inertial Labs Products, VIAVI. "By tightly coupling inertial sensing, LEO-based timing and navigation and anti-jam GNSS technologies into a single platform, the IRINS provides unmatched continuity, accuracy and trust for operations in contested and denied environments.""Assured access to PNT is critical for operations in contested environments," said Maynard Porter, Director, Government PNT Business, Iridium. "Integrating Iridium PNT alongside VIAVI's INS and AHRS provides users with an exceptionally resilient source of time and location data to maintain operational effectiveness when GNSS signals are disrupted."The IRINS is certified for IP67 and MIL-STD-810G environmental requirements. It is based on the company's fully calibrated tactical-grade MEMS 3-axis accelerometer, gyroscope and clock. These are combined with embedded barometers, magnetometers and an optional onboard air-data computer as part of its AHRS. Satellite communication is provided through the company's STL-2600 receiver, which links to the Iridium LEO constellation. All capabilities are housed within a compact 126.5 × 49.3 × 53.3 mm enclosure.About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.  Learn more about VIAVI  at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Media Inquiries:
Grand Bridges
Emma Jenkins
emma@grandbridges.com
+1 415 800 4529 










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Original: Inertial Labs, a VIAVI Solutions Company, Launches IRINS LEO-Aided Inertial Navigation System

VIAVI Announces Second Quarter Fiscal 2026 ResultsJanuary 28, 2026 4:15 PM
PR Newswire (US)

CHANDLER, Ariz., Jan. 28, 2026 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its fiscal second quarter ended December 27, 2025 with the following highlights.







Second QuarterNet revenue of $369.3 million, up $98.5 million or 36.4% year-over-yearGAAP operating margin of 3.1%, down 510 bps year-over-yearNon-GAAP operating margin of 19.3%, up 440 bps year-over-yearGAAP net loss of $48.1 million, down $57.2 million or 628.6% year-over-yearNon-GAAP net income of $51.5 million, up $22.1 million or 75.2% year-over-year GAAP diluted earnings per share (EPS) of $(0.21), down $0.25 or 625.0% year-over-yearNon-GAAP diluted EPS of $0.22, up $0.09 or 69.2% year-over-year"VIAVI's performance for the second quarter came in at the high end of our guidance, driven by strength across most of our end markets. We expect the strong momentum and demand in the data center ecosystem and aerospace and defense applications to continue driving our anticipated growth this calendar year," said Oleg Khaykin, VIAVI's President and Chief Executive Officer.Financial Overview:The tables below (in millions, except percentage and per share data) provide comparisons of quarterly results to prior periods, including sequential quarterly and year-over-year changes. A full reconciliation between the GAAP and non-GAAP measures included in the tables is contained in this release under the section titled "Use of Non-GAAP (Adjusted) Financial Measures."Fiscal Second Quarter Ended December 27, 2025
GAAP Results
Q2
Q1
Q2
Change
FY 2026
FY 2026
FY 2025
Q/Q
Y/YNet revenue$         369.3
$         299.1
$         270.8
23.5 %
36.4 %Gross margin57.0 %
56.5 %
59.4 %
50 bps
(240) bpsOperating margin3.1 %
2.5 %
8.2 %
60 bps
(510) bpsIncome from operations$           11.4
$             7.6
$           22.2
50.0 %
(48.6) %Net (loss) income per share(0.21)
(0.10)
0.04
(110.0) %
(625.0) %




















Non-GAAP Results
Q2
Q1
Q2
Change
FY 2026
FY 2026
FY 2025
Q/Q
Y/YGross margin61.8 %
60.0 %
61.1 %
180 bps
70 bpsOperating margin19.3 %
15.7 %
14.9 %
360 bps
440 bpsIncome from operations$           71.4
$           47.1
$           40.4
51.6 %
76.7 %Earnings per share 0.22
0.15
0.13
46.7 %
69.2 %




















Net Revenue by Segment
Q2
Q1
Q2
Change
FY 2026
FY 2026
FY 2025
Q/Q
Y/YNetwork and Service Enablement$            291.5
$            216.0
$            199.9
35.0 %
45.8 %Optical Security and Performance Products77.8
83.1
70.9
(6.4) %
9.7 %Total$            369.3
$            299.1
$            270.8
23.5 %
36.4 %  Americas, Asia-Pacific and EMEA customers represented 46.3%, 29.3% and 24.4%, respectively, of total net revenue for the quarter ended December 27, 2025.As of December 27, 2025, the Company held $772.1 million in total cash, short-term investments and short-term restricted cash.As of December 27, 2025, the Company had $49.0 million aggregate principal amount of 1.625% Senior Convertible Notes, $250.0 million aggregate principal amount of 0.625% Senior Convertible Notes, $400 million aggregate principal amount of 3.75% Senior Notes and $600.0 million aggregate principal amount of Term Loan B with a total net carrying value of $1,275.1 million.During the fiscal quarter ended December 27, 2025, the Company generated $42.5 million of cash flows from operations.Restructuring PlanOn January 23, 2026, the Company approved a restructuring plan (the "Plan") to improve operational efficiencies, better align the Company's workforce with current business needs and strategic growth opportunities and includes integration of recently acquired businesses. The Plan includes a global workforce reduction, facilities rationalization and asset write-offs.The Company expects approximately 5% of its global workforce to be affected. The Company estimates it will incur total charges of approximately $32 million in connection with the Plan, including approximately $24 million in cash expenditures, primarily related to employee severance and related costs. The Company expects to recognize the majority of these charges by the end of June 2026 with the Plan substantially completed by the end of calendar 2026. The Company anticipates the Plan to result in approximately $30 million in annualized cost savings upon completion.The amount and timing of the financial impact may differ from the initial estimates provided.Business Outlook for the Third Quarter of Fiscal 2026 For the third quarter of fiscal 2026 ending March 28, 2026, the Company expects net revenue to be between $386 million to $400 million and non-GAAP EPS to be between $0.22 to $0.24.With respect to our expectations above, the Company has not reconciled GAAP net (loss) income per share to non-GAAP EPS in this press release because it is unable to provide a meaningful or accurate estimate of certain reconciling items described in the "Use of Non-GAAP (Adjusted) Financial Measures" section below and the information is not available without unreasonable effort as a result of the inherent difficulty of forecasting the timing and/or amounts of certain items, including certain charges related to restructuring, acquisition, integration and related charges. In addition, the Company believes such reconciliations would imply a degree of precision that may be confusing or misleading to investors.Conference CallThe Company will discuss these results and other related matters at 1:30 p.m. Pacific Time on January 28, 2026 in a live webcast, which will also be archived for replay on the Company's website at https://investor.viavisolutions.com.  The Company will post supplementary slides outlining the Company's latest financial results on https://investor.viavisolutions.com under the "Quarterly Results" section concurrently with this earnings press release. This press release is being furnished as a Current Report on Form 8-K with the Securities and Exchange Commission, and will be available at www.sec.gov.About VIAVI SolutionsVIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include any expectation, anticipation or guidance as to future financial performance, including future revenue, gross margin, operating expense, operating margin, profitability targets, cash flow and other financial metrics, as well as the impact and duration of certain trends and market position and conditions, including market stabilization and recovery. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. In particular, the Company's ability to predict future financial performance continues to be difficult due to, among other things: (a) continuing general limited visibility across many of our product lines; (b) quarter-over-quarter product mix fluctuations, which can materially impact profitability measures due to the broad gross margin ranges across our portfolio; (c) consolidations in our industry and customer base; (d) competitive pressures; (e) unforeseen changes or deceleration in the demand for current and new products, technologies, services, delays or unforeseen events in the roll-out of new industry platforms or evolving technology such as 3D sensing and customer purchasing delays due to macroeconomic conditions, tightening of expenditures or as they assess or transition to such new technologies and/or architectures, all of which limit near-term demand visibility, and could negatively impact potential revenue; (f) continued decline of average selling prices across our businesses; (g) notable seasonality and a significant level of in-quarter book-and-ship business; (h) various product and manufacturing transfers, site consolidations, product discontinuances and restructuring and workforce reduction plans, including the number of employees impacted by a restructuring plan, the estimated expenses the Company will recognize, the timing of these payments and expenses, and anticipated cost savings associated with such plans; (i) challenges in execution of business strategy; (j) financial projections and expectations, including profitability of certain business units, synergies, benefits and other matters related to the acquisition of the high-speed ethernet, network security and channel emulation testing business of Spirent Communications plc; (k) challenges integrating the businesses the Company has acquired and realizing all of the expected benefits and savings; (l) supply chain and materials constraints and the ability of our suppliers and contract manufacturers to meet production and delivery requirements to our forecasted demand; (m) potential disruptions or delays to our manufacturing and operations due to climate conditions and natural disasters in the regions where we operate, such as wildfires, drought conditions and related water shortages in Arizona, as well as wildfires in Northern California and related blackouts and power outages in that region; (n) the uncertain and ongoing impact to our supply chain of geopolitical tensions, such as the ongoing conflict between Russia and Ukraine and the instability in the Middle East, evolving global trade and tariff negotiations and the uncertain tariff landscape, sanctions and other trade measures imposed by domestic and foreign governments, adverse actions and escalating tensions with foreign governments, including China, and the possibility of escalation of "trade wars," cyber-attacks, and retaliatory measures; (o) the impact of infectious disease outbreaks, epidemics, and pandemics on our financial results, revenues, customer demand, business operations and manufacturing and on the business operations of our customers, contract manufacturers and suppliers; and (p) inherent uncertainty related to global markets, including inflationary pressures, recessions, tightening monetary policy and liquidity, and the effect of such markets on demand for our products. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. For more information on the risks and uncertainties associated with the Company's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. The forward-looking statements contained in this press release are made as of the date thereof and the Company assumes no obligation to update such statements. We have not filed our Form 10-Q for the quarter ended December 27, 2025. As a result, all financial results described in this earnings release should be considered preliminary, and are subject to change to reflect any necessary adjustments or changes in accounting estimates, that are identified prior to the time we file the Form 10-Q.Contact InformationInvestors:
Vibhuti Nayar
408-404-6305
vibhuti.nayar @JEG-8624
amit.malhotra@viavisolutions.comThe following financial tables are presented in accordance with GAAP, unless otherwise specified.-SELECTED PRELIMINARY FINANCIAL DATA -VIAVI SOLUTIONS INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in millions, except per share data)(unaudited)PRELIMINARY

Three Months Ended
Six Months Ended
December 27,
2025
December 28,
2024
December 27,
2025
December 28,
2024Net revenue$                369.3
$                270.8
$                668.4
$                509.0Cost of revenues146.2
106.7
269.4
205.5Amortization of acquired technologies12.5
3.3
19.4
6.6Gross profit210.6
160.8
379.6
296.9Operating expenses:






Research and development65.9
52.1
121.9
101.5Selling, general and administrative127.1
84.3
231.3
158.4Amortization of other intangibles6.3
1.0
7.8
2.1Restructuring and related (benefits) charges(0.1)
1.2
(0.4)
1.2Total operating expenses199.2
138.6
360.6
263.2Income from operations11.4
22.2
19.0
33.7Interest and other (expense) income, net(34.8)
3.9
(37.3)
7.1Interest expense(15.3)
(7.5)
(22.7)
(15.0)(Loss) income before income taxes and equity investment earnings(38.7)
18.6
(41.0)
25.8Provision for income taxes9.7
9.5
28.7
18.5Equity investment earnings0.3
—
0.2
—Net (loss) income$                (48.1)
$                    9.1
$                (69.5)
$                    7.3







Net (loss) income per share:






Basic$                (0.21)
$                  0.04
$                (0.31)
$                  0.03Diluted$                (0.21)
$                  0.04
$                (0.31)
$                  0.03







Shares used in per share calculations:






Basic223.9
222.0
223.4
222.0Diluted223.9
224.8
223.4
224.4
The preliminary financial statements are estimated based on our current information. VIAVI SOLUTIONS INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in millions, unaudited)PRELIMINARY

December 27, 2025
June 28, 2025ASSETS


Current assets:


Cash and cash equivalents$                         765.5
$                         423.6Short-term investments1.9
1.7Restricted cash4.7
3.7Accounts receivable, net284.6
261.0Inventories, net141.0
117.9Prepayments and other current assets80.9
77.3Total current assets1,278.6
885.2Property, plant and equipment, net227.4
231.9Goodwill, net704.4
595.7Intangibles, net418.6
131.6Deferred income taxes78.5
87.2Other non-current assets70.3
62.2Total assets$                     2,777.8
$                     1,993.8LIABILITIES AND STOCKHOLDERS' EQUITY


Current liabilities:


Accounts payable$                           91.4
$                           68.8Accrued payroll and related expenses80.1
63.6Deferred revenue83.6
74.1Accrued expenses24.5
28.7Short-term debt53.4
246.2Other current liabilities156.6
108.3Total current liabilities489.6
589.7Long-term debt1,221.7
396.3Other non-current liabilities232.2
227.6Total liabilities1,943.5
1,213.6Total stockholders' equity834.3
780.2Total liabilities and stockholders' equity$                     2,777.8
$                     1,993.8
The preliminary financial statements are estimated based on our current information. VIAVI SOLUTIONS INC.REPORTABLE SEGMENT INFORMATION(in millions, unaudited)PRELIMINARY

Three Months Ended December 27, 2025








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$         291.5
$           77.8
$                  —
$         369.3







Gross profit$         188.6
$           39.5
$             (17.5)
$         210.6Gross margin64.7 %
50.8 %


57.0 %







Operating income$           45.4
$           26.0
$             (60.0)
$           11.4Operating margin15.6 %
33.4 %


3.1 %
















Three Months Ended December 28, 2024








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$         199.9
$           70.9
$                  —
$         270.8







Gross profit$         129.5
$           35.9
$               (4.6)
$         160.8Gross margin64.8 %
50.6 %


59.4 %







Operating income$           17.4
$           23.0
$             (18.2)
$           22.2Operating margin8.7 %
32.4 %


8.2 %
























Six Months Ended December 27, 2025








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$        507.5
$        160.9
$                  —
$        668.4







Gross profit$        324.7
$           83.0
$            (28.1)
$        379.6Gross margin64.0 %
51.6 %


56.8 %







Operating income $           61.7
$           56.8
$            (99.5)
$           19.0Operating margin12.2 %
35.3 %


2.8 %
























Six Months Ended December 28, 2024








Network and
Service
Enablement
Optical Security
and Performance
Products
Other Items (1)
Consolidated
GAAP MeasuresNet revenue$        359.3
$        149.7
$                  —
$        509.0







Gross profit$        226.6
$           79.5
$               (9.2)
$        296.9Gross margin63.1 %
53.1 %


58.3 %







Operating income $           10.1
$           54.2
$            (30.6)
$           33.7Operating margin2.8 %
36.2 %


6.6 %
(1) See Reconciliation of GAAP Measures from Continuing Operations to Non-GAAP Measures below for details of Other Items.
The preliminary financial schedules are estimated based on our current information.Use of Non-GAAP (Adjusted) Financial MeasuresThe Company provides non-GAAP operating income, non-GAAP operating margin, non-GAAP net income and non-GAAP EPS financial measures as supplemental information regarding the Company's operational performance and believes providing this additional information allows investors to see Company results through the eyes of management, and better to evaluate more clearly and consistently the Company's core operational performance and expenses and evaluate the efficacy of the methodology used by management to measure such performance. The Company uses the measures disclosed in this release to evaluate the Company's historical and prospective financial performance, as well as its performance relative to its competitors. Specifically, management uses these items to further its own understanding of the Company's core operating performance, which the Company believes represents its performance in the ordinary, ongoing and customary course of its operations. Accordingly, management excludes from core operating performance items such as those relating to certain purchase price accounting adjustments, amortization of acquisition related intangibles, amortization expense related to acquisition related inventory step-up, stock-based compensation, legal settlements, restructuring, changes in fair value of contingent consideration liabilities, certain investing and acquisition related expenses and other activities and income tax expenses or benefits that management believes are not reflective of such ordinary, ongoing and core operating activities. The non-GAAP adjustments are outlined below. Cost of revenues, costs of research and development and costs of selling, general and administrative: The Company's GAAP presentation of gross margin and operating expenses may include (i) additional depreciation and amortization from changes in estimated useful life and the write-down of certain property, plant and equipment and intangibles, (ii) charges such as severance, benefits and outplacement costs related to restructuring plans with a specific and defined term, (iii) costs for facilities not required for ongoing operations, and costs related to the relocation of certain equipment from these facilities and/or contract manufacturer facilities, (iv) stock-based compensation, (v) amortization expense related to acquired intangibles, (vi) amortization expense related to acquisition related inventory step-up, (vii) changes in fair value of contingent consideration liabilities, (viii) acquisition related transaction and integration costs related to acquired entities, (ix) significant legal settlements and other contingencies and (x) other charges unrelated to our core operating performance comprised mainly of other costs and contingencies unrelated to current and future operations, including transformational initiatives such as the implementation of simplified automated processes, site consolidations, and reorganizations. The Company excludes these items in calculating non-GAAP operating margin, non-GAAP net income and non-GAAP EPS.Non-cash interest expense and other expense: The Company excludes certain expenses, including loss on debt extinguishment, accretion of debt discount, and other non-cash activities that management believes are not reflective of such ordinary, ongoing and core operating activities, when calculating non-GAAP net income and non-GAAP EPS.Income tax expense or benefit: The Company excludes certain non-cash tax expense or benefit items, such as (i) the utilization of net operating losses (NOLs) where valuation allowances were released, (ii) intra-period tax allocation benefit and (iii) the tax effect for amortization of non-tax deductible intangible assets, in calculating non-GAAP net income and non-GAAP EPS.Non-GAAP financial measures are not in accordance with, preferable to, or an alternative for, generally accepted accounting principles in the United States. The GAAP measure most directly comparable to non-GAAP operating income is operating income. The GAAP measure most directly comparable to non-GAAP operating margin is operating margin. The GAAP measure most directly comparable to non-GAAP net income is net income. The GAAP measure most directly comparable to non-GAAP EPS is earnings per share.VIAVI SOLUTIONS INC.RECONCILIATION OF GAAP MEASURES FROM CONTINUING OPERATIONSTO NON-GAAP MEASURES(in millions, except per share data)(unaudited)PRELIMINARYThe following tables reconcile GAAP measures to non-GAAP measures:

Three Months Ended
Six Months Ended
December 27, 2025
December 28, 2024
December 27, 2025
December 28, 2024
Gross
Profit
Gross Margin
Gross
Profit
Gross Margin
Gross
Profit
Gross Margin
Gross
Profit
Gross MarginGAAP measures $    210.6
57.0 %
$    160.8
59.4 %
$    379.6
56.8 %
$    296.9
58.3 %Stock-based compensation1.1
0.3 %
1.3
0.5 %
2.1
0.3 %
2.5
0.5 %Other charges unrelated to core operating performance 1.3
0.4 %
—
— %
1.4
0.2 %
0.1
— %Amortization of acquisition related inventory step-up2.6
0.7 %
—
— %
5.2
0.8 %
—
— %Amortization of intangibles12.5
3.4 %
3.3
1.2 %
19.4
2.9 %
6.6
1.3 %Total related to Cost of Revenues17.5
4.8 %
4.6
1.7 %
28.1
4.2 %
9.2
1.8 %Non-GAAP measures $    228.1
61.8 %
$    165.4
61.1 %
$    407.7
61.0 %
$    306.1
60.1 %








Three Months Ended
Six Months Ended
December 27, 2025
December 28, 2024
December 27, 2025
December 28, 2024
Operating Income
Operating Margin
Operating  Income
Operating Margin
Operating Income
Operating Margin
Operating Income
Operating MarginGAAP measures$      11.4
3.1 %
$      22.2
8.2 %
$      19.0
2.8 %
$      33.7
6.6 %Stock-based compensation13.9
3.7 %
13.7
5.1 %
27.3
4.1 %
26.4
5.2 %Change in fair value of contingent liability10.8
2.9 %
(3.9)
(1.4) %
21.7
3.2 %
(7.4)
(1.4) %Acquisition and integration related charges7.8
2.1 %
2.8
1.0 %
11.7
1.8 %
3.4
0.7 %Other charges (benefits) unrelated to core operating performance (1)6.2
1.7 %
0.1
— %
6.8
1.0 %
(0.4)
(0.1) %Amortization of acquisition related inventory step-up2.6
0.7 %
—
— %
5.2
0.8 %
—
— %Amortization of intangibles18.8
5.1 %
4.3
1.6 %
27.2
4.1 %
8.7
1.7 %Restructuring and related (benefits) charges(0.1)
— %
1.2
0.4 %
(0.4)
(0.1) %
1.2
0.2 %Litigation settlement —
— %
—
— %
—
— %
(1.3)
(0.3) %Total related to Cost of Revenues and Operating Expenses60.0
16.2 %
18.2
6.7 %
99.5
14.9 %
30.6
6.0 %Non-GAAP measures$      71.4
19.3 %
$      40.4
14.9 %
$    118.5
17.7 %
$      64.3
12.6 %








Three Months Ended
Six Months Ended
December 27, 2025
December 28, 2024
December 27, 2025
December 28, 2024
Net (Loss) Income
Diluted EPS
Net Income
Diluted EPS
Net (Loss) Income
Diluted EPS
Net  Income
Diluted EPSGAAP measures$     (48.1)
$     (0.21)
$        9.1
$      0.04
$     (69.5)
$     (0.31)
$        7.3
$      0.03Items reconciling GAAP Net Loss (Income) and EPS to Non-GAAP Net Income and EPS:














Stock-based compensation13.9
0.06
13.7
0.06
27.3
0.12
26.4
0.12Change in fair value of contingent liability10.8
0.05
(3.9)
(0.02)
21.7
0.10
(7.4)
(0.03)Acquisition and integration related charges7.8
0.03
2.8
0.01
11.7
0.05
3.4
0.02Other charges (benefits) unrelated to core operating performance (1)6.2
0.03
0.1
—
6.8
0.03
(0.4)
(0.01)Amortization of acquisition related inventory step-up2.6
0.01
—
—
5.2
0.02
—
—Amortization of intangibles18.8
0.08
4.3
0.02
27.2
0.12
8.7
0.04Restructuring and related (benefits) charges(0.1)
—
1.2
0.01
(0.4)
—
1.2
0.01   Litigation settlement —
—
—
—
—
—
(1.3)
(0.01)Non-cash interest expense and other expense (2)39.4
0.17
1.1
0.01
44.2
0.19
2.2
0.01Provision for income taxes0.2
—
1.0
—
10.4
0.05
1.7
0.01   Total related to Net Income and EPS99.6
0.43
20.3
0.09
154.1
0.68
34.5
0.16Non-GAAP measures $      51.5
$      0.22
$      29.4
$      0.13
$      84.6
$      0.37
$      41.8
$      0.19Shares used in per share calculation for Non-GAAP EPS

233.4


224.8


230.7


224.4
Note: Certain totals may not add due to rounding.(1) Included in the three and six months ended December 27, 2025 is $3.5 million of losses on disposal of long-lived assets, $2.1 million charge for restoration services for a VIAVI facility impacted by a fire and other charges unrelated to core operating performance. Included in the six months ended December 28, 2024 is a gain of $0.9 million on the sale of assets previously classified as held for sale and other charges unrelated to core operating performance of $0.5 million. (2) The Company incurred losses of $38.7 million and $42.5 million for the three and six months ended December 27, 2025, respectively, in connection with the extinguishment of certain 1.625% Senior Convertible Notes. The preliminary financial schedules are estimated based on our current information. VIAVI SOLUTIONS INC.RECONCILIATION OF GAAP MEASURES FROM CONTINUING OPERATIONSTO ADJUSTED EBITDA(in millions, unaudited)PRELIMINARY

Three Months Ended
Six Months Ended
December 27,
2025
December 28,
2024
December 27,
2025
December 28,
2024GAAP Net (loss) income$                 (48.1)
$                     9.1
$                 (69.5)
$                     7.3Interest and other expense (income), net (1)34.8
(3.9)
37.3
(7.1)Interest expense15.3
7.5
22.7
15.0Provision for income taxes9.7
9.5
28.7
18.5Equity investment earnings(0.3)
—
(0.2)
—Depreciation10.0
9.8
19.8
19.5Amortization18.8
4.3
27.2
8.7EBITDA40.2
36.3
66.0
61.9Restructuring and related (benefits) charges(0.1)
1.2
(0.4)
1.2Stock-based compensation13.9
13.7
27.3
26.4Change in fair value of contingent liability10.8
(3.9)
21.7
(7.4)Acquisition and integration related charges7.8
2.8
11.7
3.4Other charges (benefits) unrelated to core operating performance (2)6.2
—
6.7
(1.9)Amortization of acquisition related inventory step-up2.6
—
5.2
—Adjusted EBITDA$                   81.4
$                   50.1
$                 138.2
$                   83.6
Note: Certain totals may not add due to rounding.(1) The Company incurred losses of $38.7 million and $42.5 million for the three and six months ended December 27, 2025, respectively, in connection with the extinguishment of certain 1.625% Senior Convertible Notes. (2) Included in the three and six months ended December 27, 2025 is $3.5 million of losses on disposal of long-lived assets, $2.1 million charge for restoration services for a VIAVI facility impacted by a fire and other charges unrelated to core operating performance. Included in the six months ended December 28, 2024 is a gain on litigation settlement of $1.3 million, a gain on the sale of assets previously classified as held for sale of $0.9 million and other charges unrelated to core operating performance of $0.3 million. The preliminary financial schedules are estimated based on our current information. 



View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-announces-second-quarter-fiscal-2026-results-302672893.htmlSOURCE VIAVI Financials

Original: VIAVI Announces Second Quarter Fiscal 2026 Results

But for how long?

VIAV heading back down

BREAKING NEWS: $VIAV VIAVI Recognized as a Gartner Peer Insights Customers' Choice for Network Performance Monitoring and Diagnostics

VIAVI Recognized as a Gartner Peer Insights Customers' Choice for Network Performance Monitoring and Diagnostics PR Newswire SAN JOSE, Calif., Oct. 21, 2020 SAN JOSE, Calif. , Oct. 21, 2020 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today...

Got this from VIAV - VIAVI Recognized as a Gartner Peer Insights Customers' Choice for Network Performance Monitoring and Diagnostics

In at $14.51, we shall see here, 5G and 3D imaging player

Should see new highs in coming months 5G

Yuppers, earnings up ND its been trending up since last Feb, 2018

Earnings today After Market.
Estimates EPS ^.

10.64M shares Short of 225M Float, it's time to tell shorty that the party is over and get ready to cover.

GL Longs

JDSU gave VIAV 7-14-16 5,242,855 shares of LITE about $62 each today.

GL Longs

I think the ship is loading & going soon.

GL Longs

good Q and they will do a buyback. Going over $10 again.

GL Longs

It would be great if the shareholders add their 2cents here.

GL Longs