Yahoo Finance Viavi Solutions Third Quarter 2024 Earnings: EPS Misses Expectations
Viavi Solutions (NASDAQ:VIAV) Third Quarter 2024 Results
Key Financial Results
Revenue: US$246.0m (flat on 3Q 2023).
Net loss: US$24.6m (loss widened by 60% from 3Q 2023).
US$0.11 loss per share (further deteriorated from US$0.069 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Viavi Solutions EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Communications industry in the US.
Performance of the American Communications industry.
The company's shares are down 5.6% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Viavi Solutions has 1 warning sign we think you should be aware of.
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