Viavi Solutions Plunges 13.24% Despite Strong Q3 Earnings
On May 2, 2025, viavi solutions experienced a significant drop of 13.24% in pre-market trading, reflecting investor concerns and market reactions to recent financial reports and earnings calls.
Viavi Solutions reported strong financial results for the third quarter of fiscal 2025, with net revenue increasing by 15.8% year-over-year to $284.8 million. The company's non-GAAP operating margin improved to 16.7%, up 740 basis points from the previous year. Non-GAAP diluted EPS was $0.15, surpassing the Zacks Consensus Estimate of $0.12 per share. The company's performance was driven by strength in both Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP) segments.
Looking ahead, Viavi Solutions expects net revenue for the fourth quarter of fiscal 2025 to be between $278 million and $290 million, with non-GAAP EPS ranging from $0.10 to $0.13. The company remains optimistic about the continued recovery and growth in its end markets, despite the rapidly changing macro environment.
