Viavi reports Q2 adjusted EPS 11c, consensus 9c

Reports Q2 revenue $254.5M, consensus $251M. “The December quarter came in stronger than expected. Revenue was slightly above the mid-point of our guidance, helped by stronger demand for 400G/800G Fiber, Mil/Aero, and SE products. EPS came in above the high end of our guidance, driven by a richer margin revenue mix. In the near term, we expect stronger demand in the above segments to help offset continued weakness in Service Provider spend” said Oleg Khaykin, VIAVI’s President and CEO.