Viavi Solutions FY 2024 Adj EPS $0.33 Beats $0.32 Estimate, Sales $1.00B Inline
Portfolio Pulse from Benzinga Newsdesk
Viavi Solutions (NASDAQ:VIAV) reported FY 2024 adjusted EPS of $0.33, beating the analyst estimate of $0.32. The company also reported quarterly sales of $1.00 billion, in line with expectations.
August 08, 2024 | 8:23 pm
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Viavi Solutions reported FY 2024 adjusted EPS of $0.33, beating the analyst estimate of $0.32. The company also reported quarterly sales of $1.00 billion, in line with expectations.
The positive earnings surprise, albeit small, is likely to have a positive short-term impact on the stock price. Meeting sales expectations also supports stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100