Viavi Solutions Inc (VIAV) Files 10-K for the Fiscal Year Ended on June 30, 2018

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Viavi Solutions Inc (VIAV) files its latest 10-K with SEC for the fiscal year ended on June 30, 2018. Viavi Solutions Inc provides network testing, monitoring, and assurance products to communications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises. Viavi Solutions Inc has a market cap of $2.6 billion; its shares were traded at around $11.48 with and P/S ratio of 3.21. Viavi Solutions Inc had annual average EBITDA growth of 1.50% over the past five years.


For the last quarter Viavi Solutions Inc reported a revenue of $264.0 million, compared with the revenue of $198.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $880.4 million, an increase of 8.5% from last year. For the last five years Viavi Solutions Inc had an average revenue decline of 9.7% a year.

The reported loss per diluted share was 20 cents for the year, compared with the earnings per share of $-0.42 in the previous year. The Viavi Solutions Inc had an operating margin of 1.52%, compared with the operating margin of 4.34% a year before. The 10-year historical median operating margin of Viavi Solutions Inc is -1.59%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Viavi Solutions Inc has the cash and cash equivalents of $611.4 million, compared with $1 billion in the previous year. The long term debt was $557.9 million, compared with $959.2 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Viavi Solutions Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $11.48, Viavi Solutions Inc is traded at 174.6% premium to its historical median P/S valuation band of $4.18. The P/S ratio of the stock is 3.21, while the historical median P/S ratio is 1.17. The stock gained 12.85% during the past 12 months.

Directors and Officers Recent Trades:

  • SVP General Counsel & Sec Kevin Christopher Siebert sold 1,065 shares of VIAV stock on 08/23/2018 at the average price of $11.3. The price of the stock has increased by 1.59% since.

  • SVP Global Operations NSE Ralph Rondinone sold 1,442 shares of VIAV stock on 08/23/2018 at the average price of $11.3. The price of the stock has increased by 1.59% since.

For the complete 20-year historical financial data of VIAV, click here.

This article first appeared on GuruFocus.


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