Viav Solutions (VIAV) Q1 Earnings Meet Estimates

Viav Solutions (VIAV) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this communications equipment company would post earnings of $0.07 per share when it actually produced earnings of$0.08, delivering a surprise of 14.29%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Viav So ...