Viavi Solutions Sees Q2 Adj. EPS $0.09-$0.11 Vs $0.08 Est.; Revenue $255M-$265M Vs $248.60M Est.
Portfolio Pulse from Benzinga Newsdesk
Viavi Solutions has announced its Q2 adjusted EPS guidance of $0.09-$0.11, surpassing the estimated $0.08. The company also projects revenue between $255M and $265M, exceeding the estimated $248.60M.
October 31, 2024 | 8:17 pm
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POSITIVE IMPACT
Viavi Solutions has provided a positive Q2 earnings outlook, with adjusted EPS and revenue projections exceeding analyst estimates.
Viavi Solutions' guidance for Q2 adjusted EPS and revenue both exceed analyst estimates, indicating a strong financial performance. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100