Viavi Solutions earnings, Revenue beat in Q2

  • Investing.com
Viavi Solutions earnings, Revenue beat in Q2

Investing.com - Viavi Solutions reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Viavi Solutions announced earnings per share of $0.24 on revenue of $314.8M. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $303.84M.

Viavi Solutions shares are down 11% from the beginning of the year and are trading at $15.82 , down-from-52-week-high.They are broadly in line with the Nasdaq which is down 11.29% year to date.

Viavi Solutions shares gained 1.15% in after-hours trade the report.

Viavi Solutions follows other major Information Technology sector earnings this month

Viavi Solutions's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.

Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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