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Viav Solutions (VIAV) Beats Q4 Earnings and Revenue Estimates

Viav Solutions (VIAV) came out with quarterly earnings of 0.13pershare,beatingtheZacksConsensusEstimateof0.13 per share, beating the Zacks Consensus Estimate of 0.12 per share. This compares to earnings of 0.08pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+8.330.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.33%. A quarter ago, it was expected that this communications equipment company would post earnings of 0.12 per share when it actually produced earnings of $0.15, delivering a surprise of +25%.Over the last four ...