Viavi Solutions Inc. (VIAV) reported fourth-quarter fiscal 2026 results on [insert date] with non-GAAP earnings of $0.34 per share, exceeding estimates of $0.30. Revenue reached $443.1 million, a 52.5% increase year-over-year, surpassing the anticipated $433 million.
CEO Oleg Khaykin indicated strong demand in the data-center sector, which constitutes approximately 50% of Network and Service Enablement revenue, while aerospace and defense account for around 17%. The core data-center business has more than doubled year-over-year, with a projected fiscal Q1 revenue of $450 million to $460 million and non-GAAP EPS of $0.40 to $0.42.
VIAVI is also advancing in co-packaged optics and optical switching technologies, with initial revenues expected soon. The completion of the Spirent integration is anticipated to yield a 10% sequential growth in the September quarter. Additionally, a recent $11 million tariff refund is expected to reduce costs as the company continues to diversify its end markets.
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