Reports Q4 revenue $263.6M, consensus $263.6. “During the 2023 fiscal fourth quarter, we saw initial signs of stabilization and gradual recovery. Despite the slowdown in overall service provider spend, some service providers have begun to free up funds for network maintenance and optimization, which benefits VIAVI’s NSE business segment. As a result, our fiscal fourth quarter revenue came in above the higher end of our guidance range. We expect the stabilization and recovery momentum to continue throughout our fiscal year,” said Oleg Khaykin, CEO.
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