Viavi Solutions (NASDAQ: VIAV) has announced that it will be unveiling its first quarter financial results on Thursday 31st October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to the predictions of financial experts on Wall Street, the business is expected to announce an anticipated $0.06 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $240.1 million for the period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $1.01 billion. Additionally, they are expecting the company to report profit of $0.37 per share for the full year 2025.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.09 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $0.08 | -20.0% | 252.00 M | -4.4% |
| Q3 2024 | $0.06 | -25.0% | 246.00 M | -0.7% |
| Q2 2024 | $0.11 | -21.4% | 254.50 M | -10.5% |
| Q1 2024 | $0.09 | -60.9% | 247.90 M | -20.1% |
| Q4 2023 | $0.10 | -58.3% | 263.60 M | -21.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 31st October 2024 at 04:30 PM eastern time to discuss Q1 financial results.
Viavi Solutions (VIAV) shares traded as low as $9.15 and as high as $9.52 on a day volume of 1.96 million shares, closed Tuesday's regular trading session at $9.48, an increase of 2.49 percent.
