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Viavi Solutions Reports Mixed Q2 Results, Beats EPS Expectations

Viavi Solutions Inc. reported mixed second-quarter results, with earnings down but exceeding expectations. The revenue growth indicates a positive trend, while lower earnings per share may raise some concerns for investors.

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AI Rating:   6

Earnings Per Share (EPS): Viavi Solutions reported earnings per share of $0.04 for the second quarter, down from $0.05 in the same quarter last year. However, this was still above analysts' expectations of $0.09 per share when excluding special items, making it a positive indicator.

Revenue Growth: The company's revenue increased 6.4% year-over-year, reaching $270.8 million compared to $254.5 million in the previous year. This growth can reassure investors about the company’s performance and market demand.

Future Guidance: Looking ahead, Viavi predicts EPS in the range of $0.10 to $0.13 for the next quarter and revenue between $276 million and $288 million. This guidance suggests an optimistic outlook, although it indicates that growth needs to be sustained.