Investing.com - Viavi Solutions (NASDAQ:VIAV) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Viavi Solutions announced earnings per share of $0.24 on revenue of $326.8M. Analysts polled by Investing.com anticipated EPS of $0.2089 on revenue of $310.59M.
Viavi Solutions shares are up 10% from the beginning of the year, still down 8.87% from its 52 week high of $18.14 set on June 16. They are under-performing the Nasdaq which is up 23.68% from the start of the year.
Viavi Solutions follows other major Technology sector earnings this month
Viavi Solutions's report follows an earnings beat by Alphabet C on October 26, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on October 14 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar