Viavi Solutions Inc. (VIAV) Financials

NASDAQ:VIAV

Market Cap

2.14B

Total Revenue

1.11B

Gross Profit

638.80M

Operating Income

82.40M

Net Income

25.50M

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	1,743,200,000	1,709,100,000	906,300,000	811,400,000	880,400,000	1,130,300,000	1,136,300,000	1,198,900,000	1,292,400,000	1,106,100,000
costOfRevenue	958,900,000	930,400,000	356,600,000	325,400,000	388,200,000	478,900,000	471,000,000	484,500,000	518,900,000	467,300,000
grossProfit	784,300,000	778,700,000	549,700,000	486,000,000	492,200,000	651,400,000	665,300,000	714,400,000	773,500,000	638,800,000
researchAndDevelopmentExpenses	296,000,000	313,200,000	166,400,000	136,300,000	133,300,000	187,000,000	193,600,000	203,000,000	213,200,000	206,900,000
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	328,700,000
sellingGeneralAndAdministrativeExpenses	450,400,000	460,700,000	351,100,000	300,500,000	324,500,000	343,500,000	315,000,000	337,500,000	365,700,000	328,700,000
operatingExpenses	762,200,000	793,700,000	532,100,000	450,800,000	478,800,000	568,600,000	543,700,000	573,800,000	588,600,000	544,300,000
operatingIncome	-1,700,000	-49,500,000	-84,300,000	13,600,000	5,100,000	67,400,000	118,100,000	142,200,000	185,000,000	82,400,000
totalOtherIncomeExpensesNet	-23,800,000	-34,500,000	-30,300,000	181,500,000	-8,400,000	-28,100,000	-24,100,000	-32,800,000	-119,900,000	-12,100,000
ebitda	38,400,000	8,200,000	34,700,000	62,300,000	44,100,000	127,100,000	166,300,000	177,200,000	194,600,000	108,600,000
depreciationAndAmortization	15,800,000	19,800,000	14,600,000	14,000,000	21,000,000	59,700,000	48,200,000	35,000,000	9,600,000	8,700,000
interestIncome	500,000	3,400,000	2,500,000	13,100,000	9,700,000	6,200,000	9,600,000	3,300,000	3,400,000	5,400,000
interestExpense	29,700,000	34,000,000	35,700,000	43,200,000	47,300,000	34,300,000	33,700,000	36,100,000	119,900,000	27,100,000
incomeBeforeTax	-30,900,000	-80,100,000	-45,900,000	186,600,000	-32,600,000	39,300,000	94,000,000	109,400,000	65,100,000	60,700,000
incomeTaxExpense	-13,100,000	5,200,000	4,500,000	21,300,000	13,400,000	31,500,000	65,300,000	63,300,000	49,600,000	35,200,000
netIncome	-17,800,000	-85,300,000	-99,200,000	166,900,000	-46,000,000	7,800,000	28,700,000	46,100,000	15,500,000	25,500,000
eps	-0.076	-0.37	-0.42	0.73	-0.2	0.034	0.21	0.3	0.07	0.11
epsdiluted	-0.076	-0.37	-0.42	0.71	-0.2	0.034	0.21	0.29	0.07	0.11
weightedAverageShsOut	234,200,000	232,700,000	234,000,000	229,900,000	227,100,000	228,100,000	229,400,000	228,700,000	230,900,000	224,700,000
weightedAverageShsOutDil	234,200,000	232,700,000	234,000,000	234,500,000	227,100,000	231,200,000	234,800,000	236,300,000	238,200,000	226,600,000
costAndExpenses	1,721,100,000	1,724,100,000	888,700,000	776,200,000	867,000,000	1,047,500,000	1,014,700,000	1,058,300,000	1,107,500,000	1,011,600,000
otherExpenses	-1,000,000	2,800,000	-800,000	2,200,000	100,000	38,100,000	35,100,000	33,300,000	9,700,000	-400,000

Key Facts

Industry

Communication Equipment

Sector

Technology

Headquarters

Scottsdale, AZ, US

Website

viavisolutions.com

CEO

Mr. Oleg Khaykin

Employees

3600

About the Company

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, original equipment manufacturers, government, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, consumer and industrial, government, automotive, and industrial markets. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1923 and is headquartered in Scottsdale, Arizona.