10 Firms Battered by Poor Earnings, Dismal Outlook

4. Viavi Solutions Inc. (NASDAQ:VIAV)

Viavi Solutions saw its share prices fall by 12.30 percent on Friday to end at $9.34 apiece as investors soured on its lower-than-expected guidance for the fourth quarter of fiscal year 2025.

According to the company, it expects earnings per share in the fourth quarter to settle between $0.10 and $0.13, way below the consensus estimate of $0.14.

It also targets revenues to end between $278 million and $290 million, as against the $293.6 million as expected by analysts.

During the third quarter, Viavi Solutions Inc. (NASDAQ:VIAV) swung to a net income of $19.5 million from a net loss of $24.6 million. Net revenues increased by 15.8 percent to $284.8 million from $246 million year-on-year.

For the nine-month period, the company swung to a net income of $26.8 million from a net loss of $4.1 million year-on-year. Net revenues also rose by 6 percent to $793.8 million from $748.4 million in the same comparable period.