Viavi Historical Income Statement

VIAV Stock  USD 7.39  0.01  0.14%   
Historical analysis of Viavi Solutions income statement accounts such as Depreciation And Amortization of 7.4 M, Interest Expense of 18.8 M, Total Revenue of 1.1 B or Gross Profit of 467 M can show how well Viavi Solutions performed in making a profits. Evaluating Viavi Solutions income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Viavi Solutions's future profits or losses.
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Viavi Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Viavi Solutions is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.

About Viavi Income Statement Analysis

Viavi Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Viavi Solutions shareholders. The income statement also shows Viavi investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Viavi Solutions Income Statement Chart

Viavi Solutions Income Statement is one of the three primary financial statements used for reporting Viavi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Viavi Solutions revenue and expense. Viavi Solutions Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Viavi Solutions' Operating Income is fairly stable compared to the past year. EBIT is likely to climb to about 120.6 M in 2024, whereas Interest Expense is likely to drop slightly above 18.8 M in 2024.

Total Revenue

Total revenue comprises all receipts Viavi Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Viavi Solutions minus its cost of goods sold. It is profit before Viavi Solutions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Viavi Solutions. It is also known as Viavi Solutions overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Viavi Solutions' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Viavi Solutions current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.At this time, Viavi Solutions' Operating Income is fairly stable compared to the past year. EBIT is likely to climb to about 120.6 M in 2024, whereas Interest Expense is likely to drop slightly above 18.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit773.5M638.8M734.6M467.0M
Total Revenue1.3B1.1B1.3B1.1B

Viavi Solutions income statement Correlations

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0.010.190.440.130.470.540.570.00.270.2-0.340.040.30.320.18-0.110.09-0.180.4-0.34-0.34-0.41-0.91-0.2
0.20.190.90.97-0.06-0.020.030.950.96-0.33-0.34-0.19-0.250.890.97-0.31-0.31-0.07-0.010.30.30.25-0.06-0.08
0.330.440.90.830.20.270.370.720.92-0.08-0.36-0.110.050.90.91-0.31-0.2-0.120.32-0.05-0.05-0.14-0.21-0.09
0.220.130.970.83-0.23-0.21-0.110.960.96-0.45-0.28-0.26-0.380.830.93-0.32-0.260.01-0.160.390.390.4-0.030.06
0.170.47-0.060.2-0.230.950.91-0.23-0.120.69-0.270.450.67-0.01-0.030.22-0.21-0.70.81-0.33-0.33-0.67-0.43-0.34
0.110.54-0.020.27-0.210.950.93-0.23-0.050.69-0.290.370.740.110.030.16-0.1-0.480.84-0.53-0.53-0.8-0.46-0.45
0.430.570.030.37-0.110.910.93-0.210.060.65-0.310.320.750.150.050.13-0.1-0.50.87-0.51-0.51-0.77-0.45-0.15
0.080.00.950.720.96-0.23-0.23-0.210.87-0.47-0.28-0.23-0.430.780.9-0.27-0.34-0.04-0.250.510.510.490.05-0.06
0.30.270.960.920.96-0.12-0.050.060.87-0.32-0.28-0.24-0.20.910.94-0.39-0.170.050.040.130.130.15-0.080.04
0.10.2-0.33-0.08-0.450.690.690.65-0.47-0.320.470.830.6-0.17-0.290.670.51-0.430.65-0.44-0.44-0.68-0.1-0.21
-0.11-0.34-0.34-0.36-0.28-0.27-0.29-0.31-0.28-0.280.470.62-0.08-0.23-0.330.620.840.06-0.15-0.02-0.020.020.440.15
-0.050.04-0.19-0.11-0.260.450.370.32-0.23-0.240.830.620.08-0.12-0.210.840.52-0.50.29-0.04-0.04-0.3-0.02-0.16
0.30.3-0.250.05-0.380.670.740.75-0.43-0.20.6-0.080.08-0.14-0.170.010.04-0.290.78-0.56-0.56-0.71-0.16-0.15
0.230.320.890.90.83-0.010.110.150.780.91-0.17-0.23-0.12-0.140.86-0.27-0.10.050.1-0.09-0.09-0.09-0.07-0.1
0.150.180.970.910.93-0.030.030.050.90.94-0.29-0.33-0.21-0.170.86-0.39-0.29-0.020.080.210.210.16-0.03-0.15
-0.09-0.11-0.31-0.31-0.320.220.160.13-0.27-0.390.670.620.840.01-0.27-0.390.52-0.36-0.010.140.14-0.070.02-0.1
-0.120.09-0.31-0.2-0.26-0.21-0.1-0.1-0.34-0.170.510.840.520.04-0.1-0.290.520.3-0.03-0.32-0.32-0.210.030.08
-0.18-0.18-0.07-0.120.01-0.7-0.48-0.5-0.040.05-0.430.06-0.5-0.290.05-0.02-0.360.3-0.42-0.29-0.290.080.20.1
0.370.4-0.010.32-0.160.810.840.87-0.250.040.65-0.150.290.780.10.08-0.01-0.03-0.42-0.59-0.59-0.79-0.22-0.15
-0.16-0.340.3-0.050.39-0.33-0.53-0.510.510.13-0.44-0.02-0.04-0.56-0.090.210.14-0.32-0.29-0.591.00.910.090.09
-0.16-0.340.3-0.050.39-0.33-0.53-0.510.510.13-0.44-0.02-0.04-0.56-0.090.210.14-0.32-0.29-0.591.00.910.090.09
-0.19-0.410.25-0.140.4-0.67-0.8-0.770.490.15-0.680.02-0.3-0.71-0.090.16-0.07-0.210.08-0.790.910.910.20.25
0.15-0.91-0.06-0.21-0.03-0.43-0.46-0.450.05-0.08-0.10.44-0.02-0.16-0.07-0.030.020.030.2-0.220.090.090.20.26
0.72-0.2-0.08-0.090.06-0.34-0.45-0.15-0.060.04-0.210.15-0.16-0.15-0.1-0.15-0.10.080.1-0.150.090.090.250.26
Click cells to compare fundamentals

Viavi Solutions Account Relationship Matchups

Viavi Solutions income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization48.2M35M9.6M8.7M7.8M7.4M
Interest Expense33.7M36.1M119.9M27.1M31.2M18.8M
Total Revenue1.1B1.2B1.3B1.1B1.3B1.1B
Gross Profit665.3M714.4M773.5M638.8M734.6M467.0M
Other Operating Expenses1.0B1.1B1.1B1.0B910.4M864.9M
Operating Income118.1M142.2M185M82.4M94.8M99.5M
Ebit118.1M142.2M185M99.9M114.9M120.6M
Ebitda166.3M177.2M194.6M108.6M97.7M83.4M
Cost Of Revenue471M484.5M518.9M467.3M537.4M647.3M
Total Operating Expenses543.7M573.8M588.6M544.3M489.9M465.4M
Income Before Tax94M109.4M65.1M60.7M69.8M73.3M
Total Other Income Expense Net(24.1M)(32.8M)(119.9M)(12.1M)(13.9M)(14.6M)
Net Income28.7M46.1M15.5M25.5M29.3M30.8M
Income Tax Expense65.3M63.3M49.6M35.2M40.5M42.5M
Selling General Administrative315M337.5M365.7M328.7M378.0M342.0M
Research Development193.6M203M213.2M206.9M237.9M191.7M
Net Income From Continuing Ops28.7M46.1M15.5M25.5M29.3M19.7M
Net Income Applicable To Common Shares28.7M46.1M15.5M25.5M29.3M15.2M
Non Recurring3.5M(1.6M)(100K)12.1M10.9M17.3M
Tax Provision65.3M63.3M49.6M35.2M40.5M32.9M
Interest Income7.1M3.3M3.4M5.4M4.9M8.2M
Net Interest Income(26.6M)(32.8M)(119.9M)(21.7M)(19.5M)(20.5M)
Reconciled Depreciation107.8M33.3M9.7M8.7M7.8M7.4M

Pair Trading with Viavi Solutions

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Viavi Solutions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Viavi Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving together with Viavi Stock

  0.72EBON Ebang InternationalPairCorr

Moving against Viavi Stock

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The ability to find closely correlated positions to Viavi Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viavi Solutions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Viavi Solutions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Viavi Solutions to buy it.
The correlation of Viavi Solutions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Viavi Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viavi Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Viavi Solutions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Viavi Solutions is a strong investment it is important to analyze Viavi Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viavi Solutions' future performance. For an informed investment choice regarding Viavi Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.
Note that the Viavi Solutions information on this page should be used as a complementary analysis to other Viavi Solutions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Viavi Stock analysis

When running Viavi Solutions' price analysis, check to measure Viavi Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viavi Solutions is operating at the current time. Most of Viavi Solutions' value examination focuses on studying past and present price action to predict the probability of Viavi Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viavi Solutions' price. Additionally, you may evaluate how the addition of Viavi Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Viavi Solutions' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Viavi Solutions. If investors know Viavi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Viavi Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Earnings Share
(0.02)
Revenue Per Share
4.551
Quarterly Revenue Growth
0.166
Return On Assets
0.0096
The market value of Viavi Solutions is measured differently than its book value, which is the value of Viavi that is recorded on the company's balance sheet. Investors also form their own opinion of Viavi Solutions' value that differs from its market value or its book value, called intrinsic value, which is Viavi Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Viavi Solutions' market value can be influenced by many factors that don't directly affect Viavi Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Viavi Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Viavi Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viavi Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.