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AI brief of an SEC Form 8-K · Viavi Solutions (VIAV)

VIAVI Q3 revenue rises 42.8% to $406.8 million, but GAAP net income falls 67.2%

Mixed Impact 3 of 5 earnings Written later

VIAVI reported preliminary fiscal third-quarter results for the period ended March 28, 2026, with net revenue of $406.8 million, up 42.8% year over year. GAAP net income fell to $6.4 million, while non-GAAP net income rose 99.4% to $67.6 million, and the company gave fourth-quarter fiscal 2026 guidance of $427 million to $437 million in net revenue and $0.29 to $0.31 in non-GAAP EPS. The results are preliminary until the company files its Form 10-Q.

Key points

  • Net revenue of $406.8 million, up from $284.8 million a year earlier; Network and Service Enablement revenue rose 54.4% to $321.5 million
  • GAAP net income of $6.4 million, or $0.03 per diluted share, down from $19.5 million, or $0.09, a year earlier; restructuring and related charges were $17.3 million
  • Non-GAAP diluted EPS of $0.27, up from $0.15 a year earlier
  • Fourth-quarter fiscal 2026 outlook (quarter ending June 27, 2026): net revenue of $427 million to $437 million and non-GAAP EPS of $0.29 to $0.31

The filing

CompanyViavi Solutions (VIAV)
Form8-K, current report
Filed with the SECApr 29, 2026, 4:17 PM ET
Accession number0001628280-26-028392

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.