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Viav Solutions (VIAV) Tops Q1 Earnings and Revenue Estimates

Viav Solutions (VIAV) came out with quarterly earnings of 0.15pershare,beatingtheZacksConsensusEstimateof0.15 per share, beating the Zacks Consensus Estimate of 0.13 per share. This compares to earnings of 0.06pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+15.380.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.38%. 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 $0.13, delivering a surprise of +8.33%.Over the last fo ...