Needhamanalyst Ryan Koontz upgradedViavi Solutions(NASDAQ:VIAV) from Hold to Buy and a $15 price forecast after the company reported its quarterly print Thursday.
In line with Koontz's preview, Viavi Solutions delivered fiscal second-quarter 2025 revenue of $271 million (+6.4% Y/Y, +13.7% Q/Q), well above the $260 million consensus, while adjusted EPS of $0.13 beat the $0.10 consensus.
The adjusted gross margin of 61.1% (+110bps Y/Y, +200bps Q/Q) was above the 59.2% consensus, while the adjusted operating margin of 14.9% was above the 12.7% consensus.
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