Highlights

  • Fiscal second-quarter revenue and adjusted earnings exceeded market expectations
  • Data center and defense-related demand supported year-over-year performance
  • Third-quarter guidance surpassed consensus analyst forecasts

Viavi Solutions Inc. (NASDAQ:VIAV) reported its fiscal second-quarter 2026 financial results after market close on Wednesday, prompting a sharp share price reaction in the following trading session. The company’s stock rose more than 17% on Thursday as investors digested results that exceeded analyst expectations.

For the quarter, Viavi recorded revenue of over USD 369 mn, representing a 36% increase compared with the same period a year earlier. Adjusted net income rose to USD 51.5 mn, equivalent to USD 0.22 per share, marking a 75% year-over-year increase on a non-GAAP basis. Both revenue and adjusted earnings came in above consensus estimates, which had forecast revenue slightly above USD 365 mn and adjusted earnings of USD 0.19 per share.

Sector Exposure Matters — Demand Trends Shape Results

The company attributed its quarterly performance to activity across several end markets, particularly data centers and the defense and aerospace sector. Data center-related demand has remained elevated amid continued investment in infrastructure supporting advanced computing workloads. Defense and aerospace customers also contributed to overall revenue during the period, according to the company’s disclosures.

Forward Guidance Takes Center Stage — Outlook Exceeds Forecasts

In addition to reporting quarterly results, Viavi provided guidance for its fiscal third quarter. Management expects revenue in the range of USD 386 mn to USD 400 mn, with adjusted earnings projected between USD 0.22 and USD 0.24 per share. These projections exceed the company’s reported results from the same quarter in the prior fiscal year, when revenue was just under USD 271 mn and adjusted earnings were USD 0.13 per share.

The guidance also stood above average analyst expectations, which had anticipated revenue of approximately USD 353 mn and adjusted earnings of USD 0.15 per share for the upcoming quarter.

Latest Closing Price (as of January 29, 2026): Viavi Solutions Inc. (NASDAQ: VIAV) closed at USD 24.70.