Summary

Viavi Solutions Inc. announced its preliminary results for the second quarter of fiscal year 2026, which ended on December 27, 2025. The company has also approved a restructuring plan aimed at improving operational efficiencies through workforce reduction, facilities rationalization, and asset write-offs. This plan is expected to affect approximately 5% of the global workforce and incur total charges of around $32 million. Upon completion, the restructuring is anticipated to yield approximately $30 million in annualized cost savings.

Key Highlights

1. 1

   Viavi Solutions Inc. reported its preliminary results for its fiscal second quarter ended December 27, 2025.

2. 2

   The company approved a restructuring plan to improve operational efficiencies.

3. 3

   The restructuring plan includes a global workforce reduction, facilities rationalization and asset write-offs.

4. 4

   The company expects approximately 5% of its global workforce to be affected by the restructuring plan.

5. 5

   The company estimates it will incur total charges of approximately $32 million in connection with the restructuring plan.

6. 6

   The company anticipates the restructuring plan to result in approximately $30 million in annualized cost savings upon completion.