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 $0.22 on revenue of $315.5M. Analysts polled by Investing.com anticipated EPS of $0.2089 on revenue of $309.34M.

Viavi Solutions shares are down 18% from the beginning of the year and are trading at $14.56 , down-from-52-week-high.They are outperforming the Nasdaq which is down 19.69% year to date.

Viavi Solutions shares gained 0.90% 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, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.

Microsoft had beat expectations on Tuesday, April 26, 2022 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.

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

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