• Oleg Khaykin, President, CEO, and director of VIAVI Solutions Inc. (NASDAQ: VIAV), sold 70,000 shares at $24.50 each, retaining 1,779,437 shares.
• VIAVI reported strong fiscal second-quarter results for 2026, with earnings per share of $0.22 and revenue of $369.3 million, surpassing analysts' expectations.
• The company's revenue grew by 36.4% year-over-year, driven by demand in the Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP) segments.

On February 5, 2026, Oleg Khaykin, President, CEO, and director of VIAVI Solutions Inc. (NASDAQ: VIAV), sold 70,000 shares of the company's common stock at $24.50 each. This transaction left Khaykin with 1,779,437 shares. VIAVI Solutions, a company known for its network testing and optical security products, competes with firms like Keysight Technologies and Anritsu.

VIAVI's stock experienced a notable surge, climbing over 17% in a single session. This increase followed the announcement of strong fiscal second-quarter results for 2026. The company reported earnings per share of $0.22, surpassing analysts' expectations of $0.19. Revenue reached $369.3 million, exceeding the anticipated $365.25 million, as highlighted by Zacks.

The company's revenue grew by 36.4% year-over-year, driven by demand in the Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP) segments. The NSE segment alone saw a 45.8% rise to $291.5 million, fueled by data centers and 5G network upgrades. The OSP segment benefited from increased sales in aerospace and defense markets.

Despite a negative net margin of 3.38%, VIAVI achieved a positive return on equity of 13.43%. The company has a debt-to-equity ratio of about 1.53, indicating moderate debt levels. Its current ratio of approximately 2.61 suggests a strong ability to cover short-term liabilities with short-term assets.

VIAVI's guidance for Q3 2026 projects earnings per share between $0.22 and $4.00, with anticipated revenues of $386 million to $400 million. The company continues to benefit from strong demand in the defense sector, despite reporting a net loss of $48.1 million, or a loss of 21 cents per share, compared to a net income of $9.1 million the previous year.