Viavi Solutions Q4 2024 Adj EPS $0.08 Beats $0.07 Estimate, Sales $252.00M Beat $250.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viavi Solutions (NASDAQ:VIAV) reported Q4 2024 adjusted EPS of $0.08, beating the estimate of $0.07. Sales were $252.00M, slightly above the $250.82M estimate but down 4.40% from last year's $263.60M.
August 08, 2024 | 8:23 pm
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Viavi Solutions reported Q4 2024 adjusted EPS of $0.08, beating the estimate of $0.07. Sales were $252.00M, slightly above the $250.82M estimate but down 4.40% from last year's $263.60M.
The positive earnings surprise and slight revenue beat are likely to have a positive short-term impact on VIAV's stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
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