Viavi Solutions Adj EPS $0.09 Misses $0.10 Estimate, Revenue $247.9M Misses $249.7M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viavi Solutions reported Q2 earnings with an adjusted EPS of $0.09, missing the estimate of $0.10. The company's revenue of $247.9M also fell short of the $249.7M estimate.
November 02, 2023 | 9:06 pm
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NEGATIVE IMPACT
Viavi Solutions' Q2 earnings missed estimates, which could negatively impact the company's stock in the short term.
Viavi Solutions reported lower than expected earnings for Q2. This miss could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100