Viavi Solutions, Q1 2027 Earnings Call Transcript

Viavi Solutions reported fiscal Q1 2027 revenue and operating margin above guidance, with growth led by strong data-center and aerospace and defense demand. Management expects sequential revenue growth to continue through the fiscal year and forecasts Q2 revenue of $505–515 million, supported by robust demand in its network and service enablement business; optical security and performance revenue is expected to decline seasonally. Data-center demand remains strong, with new semiconductor packaging and test shipments underway and that opportunity projected to exceed $100 million in a few years. The company also sees growth potential from optical switching, fiber manufacturing, defense positioning and navigation systems, and a multiyear service-provider equipment refresh. Wireless remains weak, though management expects AI-RAN and 6G investment to support a longer-term recovery.