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VIAVI SOLUTIONS INC. (VIAV)

Information Technology · Network software and testing services · Nasdaq

Network testing and assurance software company helping telcos, cloud providers, and enterprises validate and optimize their communications infrastructure.

What VIAVI SOLUTIONS INC. does

VIAVI Solutions is a network software and services company that provides testing, assurance, and analytics solutions for telecommunications, cloud, and enterprise networks. The company develops products and services used by communications service providers, enterprises, and network equipment manufacturers to build, maintain, and optimize their networks. VIAVI operates through product revenue (hardware and software) and service revenue streams, with recent acquisitions expanding its portfolio in network and software analytics.

Themes: ["5G/telecom infrastructure","Network monitoring and analytics","Cloud infrastructure validation","Telecommunications service assurance"]

Fundamentals

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Key risks (from latest filing)

["Recent aggressive acquisition strategy has significantly increased debt (long-term debt grew from $396.3M to $1,221.7M in 6 months), creating refinancing risk and financial leverage concerns despite recent debt extinguishment losses exceeding $46M","Negative net margins (-4.03%) and recent unprofitability despite 30.6% revenue growth indicate challenges in converting top-line growth to bottom-line profitability and potential integration or operational inefficiencies","Heavy intangible asset concentration ($398M in intangibles and $701.8M in goodwill) creates significant impairment risk if acquired businesses underperform or market conditions deteriorate"]

See VIAV's biggest risks from its latest 10-Q →

Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-10.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.