VIAV
Viavi Solutions Inc. Information Technology Semiconductors & Related Devices Russell 3000
$29.92Close
$7.4BMarket cap
$15.92 – $55.3352-week range
Nov 4, 2026Next report · after the close
Highlights
Strengths
- Earnings growing EPS +288% year on year, faster than the quarter before (+358 pts)
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Far from its high 46% below its 52-week high
- Results soon Nov 4, 2026, in 3 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
46%
1wk
down 1.7%
price change
1mo
down 28.6%
price change
12-month return
up 75%
market up 11% ·
its own up 103%
F-score
6 / 9
Mixed
Altman Z
-31.59
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
5.1×
price / book
Earnings yield
up 1.6%
EBIT / enterprise value
Cheaper than
32%
of the market · expensive
Revenue growth
up 40%
year on year
EPS growth
up 288%
latest quarter · +358 pts
Sales growth
up 53%
latest quarter · +10 pts
ROE
down 3%
return on equity
Free cash margin
up 5%
$82.8M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-6.2×
net cash
Interest cover
2.2×EBIT / interest
Piotroski tests
- not yet profitable on its assets
- profitability slipped from last year
- issued more shares
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
- gross margin widened
- assets working harder
Trade setup
ATR%
9.1%
$2.71 a day · 2×ATR $24.50
RS
62 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
2.0×
vs 50-day average
Up/down volume
1.37
50 sessions
Implied move
—
no option chain · report Nov 4, 2026
Trend template · 3 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Shareholders diluted The share count rose 10.8% over the year, from 223m to 247m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 5, 2026
Results reaction
Aug 5, 2026+1% vs market2 sessions after results
Financials
- Gross 58%
- Net -2%
- Free cash 5%
- Cash
- Long-term debt
| FY2021Jul 3, 2021 | FY2022Jul 2, 2022 | FY2023Jul 1, 2023 | FY2024Jun 29, 2024 | FY2025Jun 28, 2025 | FY2026Jun 27, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.1B | $1.0B | $1.1B | $1.5B |
| Gross margin | 60% | 60% | 58% | 58% | 57% | 58% |
| Operating income | $142.2M | $185.0M | $82.4M | $20.8M | $57.5M | $105.1M |
| Net income | $67.5M | $15.5M | $25.5M | -$25.8M | $34.8M | -$30.4M |
| Net margin | 6% | 1% | 2% | -3% | 3% | -2% |
| Earnings per share | $0.29 | $0.07 | $0.11 | -$0.12 | $0.15 | -$0.13 |
| Free cash flow | $191.2M | $105.6M | $63.0M | $96.9M | $62.0M | $82.8M |
| Free cash margin | 16% | 8% | 6% | 10% | 6% | 5% |
| Cash | $697.8M | $559.9M | $506.5M | $471.3M | $423.6M | $647.8M |
| Long-term debt | $224.1M | $616.5M | $629.5M | $636.0M | $396.3M | — |
| Shareholders' equity | $763.9M | $671.7M | $690.8M | $681.6M | $780.2M | $1.4B |
| Shares outstanding | 228m | 226m | 222m | 222m | 223m | 247m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 13, 2026 | Annual ↗ | Jun 27, 2026 | 47d |
| Apr 30, 2026 | Quarterly ↗ | Mar 28, 2026 | 33d |
| Jan 29, 2026 | Quarterly ↗ | Dec 27, 2025 | 33d |
| Oct 30, 2025 | Quarterly ↗ | Sep 27, 2025 | 33d |
| Aug 11, 2025 | Annual ↗ | Jun 28, 2025 | 44d |
| May 2, 2025 | Quarterly ↗ | Mar 29, 2025 | 34d |
| Jan 31, 2025 | Quarterly ↗ | Dec 28, 2024 | 34d |
| Nov 1, 2024 | Quarterly ↗ | Sep 28, 2024 | 34d |
| Aug 16, 2024 | Annual ↗ | Jun 29, 2024 | 48d |
| May 3, 2024 | Quarterly ↗ | Mar 30, 2024 | 34d |
| Feb 2, 2024 | Quarterly ↗ | Dec 30, 2023 | 34d |
| Nov 3, 2023 | Quarterly ↗ | Sep 30, 2023 | 34d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 5, 2026 | Results ↗ |
| May 21, 2026 | Other events ↗ |
| May 18, 2026 | Director or officer change ↗ |
| Apr 29, 2026 | Results ↗ |
| Jan 28, 2026 | Results · Restructuring ↗ |
| Dec 16, 2025 | Material agreement · Unregistered share sale ↗ |
| Nov 18, 2025 | Charter or bylaws · Shareholder vote ↗ |
| Oct 29, 2025 | Results ↗ |
| Oct 16, 2025 | Material agreement · New obligation · Other events ↗ |
| Aug 25, 2025 | Material agreement · New obligation · Unregistered share sale ↗ |
| Aug 19, 2025 | Unregistered share sale ↗ |
| Aug 14, 2025 | Material agreement · Other events ↗ |