Viavi Solutions Stock Rises 15% After Strong Earnings and Guidance
Viavi Solutions (VIAV) stock surged over 15% on Thursday after reporting better-than-expected third-quarter results and strong guidance. The company's net revenue increased by 43% year-over-year to $407 million, surpassing analyst estimates. Viavi also benefited from robust demand in the data center and aerospace industries.
Tickers: $VIAV
Topics: Earnings Guidance Revenue Stock Performance Viavi Solutions