Viavi Solutions earnings, Revenue beat in Q3

  • Investing.com
Viavi Solutions earnings, Revenue beat in Q3

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

Viavi Solutions announced earnings per share of $0.18 on revenue of $303.4M. Analysts polled by Investing.com anticipated EPS of $0.1722 on revenue of $290.53M.

Viavi Solutions shares are up 6% from the beginning of the year and are trading at $16.34 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 5.78% year to date.

Viavi Solutions shares gained 2.19% in after-hours trade the report.

Viavi Solutions follows other major Technology sector earnings this month

Viavi Solutions's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.

Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.

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

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