Viavi Solutions (NASDAQ:VIAV) reported its Q3 earnings results on Tuesday, May 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Viavi Solutions beat estimated earnings by 4.76%, reporting an EPS of $0.22 versus an estimate of $0.21.
Revenue was up $12.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 8.89% increase in the share price the next day.
Here's a look at Viavi Solutions's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.21 | 0.19 | 0.17 |
| EPS Actual | 0.24 | 0.24 | 0.22 | 0.18 |
| Revenue Estimate | 304.14M | 310.53M | 300.83M | 290.52M |
| Revenue Actual | 314.80M | 326.80M | 310.90M | 303.40M |
To track all earnings releases for Viavi Solutions visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
