Viavi Solutions Sees Q1 Adj. ESP $0.09-$0.11 vs $0.12 Est., Net Revenue $240M-$260M vs $268.53M Est.
Portfolio Pulse from Benzinga Newsdesk
Viavi Solutions has projected its Q1 adjusted EPS to be between $0.09 and $0.11, lower than the estimated $0.12. The company also expects its net revenue to be between $240M and $260M, which is less than the estimated $268.53M.
August 10, 2023 | 8:36 pm
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NEGATIVE IMPACT
Viavi Solutions' lower than expected Q1 adjusted EPS and net revenue forecasts may negatively impact its stock price in the short term.
Viavi Solutions' lower than expected Q1 adjusted EPS and net revenue forecasts indicate potential financial underperformance, which could lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100