Viavi Solutions Fiscal Q1 Adjusted Earnings, Revenue Rise; Q2 Guidance Set

05:57 PM EST, 11/04/2026 (MT Newswires) -- Viavi Solutions (VIAV) reported fiscal Q1 adjusted earnings late Wednesday of $0.47 per diluted share, up from $0.15 a year earlier. Analysts polled by FactSet expected $0.41 Revenue for the quarter ended Oct. 3 was $469.3 million, up from $299.1 million a year earlier. Analysts expected $455.1 million. For fiscal Q2, the company expects adjusted EPS of $0.50 to $0.52 on revenue of $505 million to $515 million. Analysts expect EPS of $0.40 on revenue of $467.6 million. The company also authorized a new stock repurchase program to buy back up to $500 million of the common stock.