Why Viavi Solutions Stock Soared More Than 17% Higher Today
2026-01-29 20:20:32 ET
Tech equipment specialist Viavi Solutions (NASDAQ: VIAV) might not be a household name to many people, but its stock was hugely popular with investors on Thursday. The company published encouraging fiscal second-quarter of fiscal 2026 figures after market close the day before, and market players rewarded it by pushing its shares up by over 17% across Thursday's trading session.
Vivavi's growth rates for the quarter were impressive. Revenue rose by 36% year-over-year to more than $369 million. Better, its net income not in accordance with generally accepted accounting principles ( GAAP ) zoomed 75% higher to $51.5 million, or $0.22 per share.
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NASDAQ: VIAV
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