Viavi reports Q3 non-GAAP EPS 6c, consensus 7c

Reports Q3 revenue $246.0M, consensus $249.08M. “VIAVI end markets spend environment continues to be challenging, particularly the service providers and enterprise customer segments. In view of these continued headwinds, our revenue came in at the lower end of our guidance, with stronger OSP demand partially offsetting weaker than expected NSE demand. Our EPS came in at the lower half of our guidance range, driven by lower NSE volume and less favorable product mix” said CEO Oleg Khaykin.