By Natalie Weger
Shares of Viavi Solutions surged after the company swung to a profit and reported higher revenue in its most recent quarter.
Shares surged 11% at $11.28 on Friday. The stock is now up about 12% for the year.
The Chandler, Ariz., global provider of network test, monitoring and assurance solutions said late Thursday that it swung to a fiscal fourth-quarter profit of $8 million, or 4 cents a share, compared with a loss of $21.7 million, or 10 cents a share, in the same quarter last year.
Adjusted per-share earnings were 13 cents, a penny above the 12 cents that analysts polled by FactSet were expecting.
Revenue rose 15.3% to $290.5 million, compared with analyst expectations of $285.2 million.
"During the year, we saw stabilization in our base businesses, the service provider test and measurement segment and optical security pigments," Chief Executive Oleg Khaykin said. "Our recovery was further accelerated by the high growth in our data-center ecosystem and aerospace-and-defense segments."
Write to Natalie Weger at natalie.weger@wsj.com
(END) Dow Jones Newswires
August 08, 2025 10:39 ET (14:39 GMT)
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