On August 17, Viavi Solutions rose 5.21% in regular trading, trading at $45.66/share, with turnover of $19.24 million. The rally reflects continued market enthusiasm following the company's fiscal Q4 earnings report released on August 5, which significantly exceeded expectations.

Specifically, Viavi reported adjusted EPS of $0.34, beating the consensus estimate of $0.30, while revenue came in at $443.1 million versus the $432.6 million expected, representing a 52.5% year-over-year increase. More notably, the company issued fiscal Q1 guidance of $0.40 to $0.42 in adjusted EPS on revenue of $450 million to $460 million, far surpassing analyst expectations of $0.28 EPS on $432.2 million in revenue. B. Riley maintained a Buy rating with a $60 price target.

Additionally, the company has recently launched multiple new products across AI network validation for Ultra Ethernet fabrics, secured $1.1 million in EU funding for a 6G security project, and publicly noted smooth progress on co-packaged optics (CPO), reinforcing market expectations for AI-related test solution order fulfillment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)