Viavi Solutions is a global provider of innovative technology solutions that enable network performance management, testing, and assurance for both service providers and enterprises
The company specializes in the development of advanced optical solutions, significantly contributing to the telecommunications and data communications industries. Viavi offers various products and services that enhance the delivery and quality of network services, including network monitoring, visibility, and assurance tools, along with optical and RF test equipment that support the deployment and optimization of communication networks. Through its expertise, Viavi plays a vital role in helping organizations navigate the complexities of the evolving digital landscape.
Keysight Technologies Inc. is selling Spirent Communications plc's High-Speed Ethernet and Network Security business to Viavi Solutions Inc. The transaction includes $410 million in cash and a $15 million contingent payment, expected to be finalized in 2025.
Check out this week's top-performing mid-cap stocks, including Akero Therapeutics' remarkable 106.57% surge following positive clinical trial results and other companies like Surgery Partners experiencing significant growth due to strategic developments.
Needham analyst upgrades Viavi Solutions to Buy with $15 price target after strong quarterly results. Fiscal Q3 revenue and margin outlook also raised.
After the conclusion of the US market's regular session on Thursday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
