Viavi Solutions (NASDAQ:VIAV) reported its Q2 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Viavi Solutions beat estimated earnings by 26.32%, reporting an EPS of $0.24 versus an estimate of $0.19, which surprised analysts.
Revenue was up $14.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 4.48% drop in the share price the next day.
Here's a look at Viavi Solutions's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.19 | 0.17 | 0.19 |
| EPS Actual | 0.24 | 0.22 | 0.18 | 0.23 |
| Revenue Estimate | 310.53M | 300.83M | 290.52M | 290.49M |
| Revenue Actual | 326.80M | 310.90M | 303.40M | 299.90M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
