Viavi Solutions (VIAV) Skyrockets 30% on Restructuring Plans

We precocious published Millionaire Makers: 10 Stocks That Paid Off Big Last Week.  Viavi Solutions Inc. (NASDAQ:VIAV) was 1 of the apical performers past week.

Viavi Solutions soared by 30.17 percent week-on-week contempt ending Friday’s league connected a anemic note, arsenic investors took bosom from a firm restructuring inaugural that it expects would effect successful $30 cardinal outgo savings annually.

On Friday alone, the banal jumped to arsenic overmuch arsenic $24.99, its highest successful much than 2 decades, earlier giving up each gains to extremity the time down by 0.97 percent astatine $24.46 apiece.

Photo by Karolina Grabowska from Pexels

Investors appeared to person welcomed its restructuring quality to amended operational efficiencies, but this would effect successful the layoff of immoderate 15 percent of its full workforce. It would besides rationalize facilities and constitute disconnected assets.

Viavi Solutions Inc. (NASDAQ:VIAV) said that it would incur $32 cardinal successful charges successful transportation with the employees’ severance payments.

The restructuring inaugural is targeted for completion successful June 2026.

In different news, Viavi Solutions Inc. (NASDAQ:VIAV) swung to a nett nonaccomplishment of $48.1 cardinal successful the 2nd 4th ending December 2025, reversing a $9.1 cardinal nett income successful the aforesaid play a twelvemonth earlier. The figures came contempt a 36 percent leap successful nett revenues for the aforesaid period, astatine $369.3 cardinal versus $270.8 cardinal year-on-year.

For the six-month period, nett nonaccomplishment stood astatine $69.5 million, reversing a nett income of $7.3 cardinal successful the aforesaid comparable semester. Revenues jumped by 31 percent to $668.4 cardinal from $509 million.

While we admit the imaginable of VIAV arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.