Viavi Solutions Company profile
About Viavi Solutions Inc
Viavi Solutions Inc. is a provider of network test, monitoring and assurance solutions for communications service providers, enterprises, network equipment manufacturers, original equipment manufacturers (OEMs), Government and avionics. The Company's segments include Network Enablement (NE), Service Enablement (SE) and Optical Security and Performance Products (OSP). The NE segment provides testing solutions that access the network to perform build-out and maintenance tasks. These solutions include instruments, software and services to design, build, activate, certify, troubleshoot and optimize networks. SE segment are embedded systems that yield network, service and application performance data. These solutions include instruments, microprobes and software, which monitors, collects and analyzes network data to reveal the actual customer experience. The OSP segment provides optical products for anti-counterfeiting, consumer and industrial, Government, automotive and other markets.
Financial summary
BRIEF: For the 26 weeks ended 01 January 2022, Viavi Solutions Inc revenues increased 10% to $641.6M. Net loss totaled $20.2M vs. income of $41.6M. Revenues reflect Network Enablement segment increase of 22% to $419.3M, Service Enablement segment increase of 12% to $52.8M, Americas segment increase of 21% to $247.2M, Asia Pacific segment increase of 6% to $217.3M, EMEA segment increase of 1% to $177.1M.
Equity composition
Common Stock $.001 Par, 8/11, 1B auth., 224,060,199 issd. Insiders & Strategic holders own 0.53%. IPO 11/93, 2,050,000 shs. @ $8 by Unterberg Harris. PO 6/96, 2M shs @ $30 by Mont. Secs. 7/11, Exchangable Stk. 4,009,915 issd. 3/00, 12/99,7/99, 11/97, 6/96, 2-for-1 stock splits.