Why Viavi Solutions Stock Was Soaring Today
Viavi Solutions (NASDAQ: VIAV) stock was having a Thursday to remember. Following the release of its latest set of quarterly earnings, the telecom equipment specialist's shares were taken for a 23% ride skyward, as of late-session trading. Many other stocks were in the red, as the bellwether S&P 500 index was dipping by 0.6% then.
Viavi, formerly known as JDS Uniphase, unveiled its figures for the fiscal first quarter of 2026, ended Sept. 27, just after market close on Wednesday. Prominent among the numbers was revenue, which at $290.5 million was a sturdy 26% higher year over year.
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Source Fool.com
