VIAVI Solutions Inc Q3 Results Come in at High End of Guidance
Viavi Solutions Inc (NASDAQ:VIAV) was a great tech stock that got hammered during the fourth quarter marketwide sell-off; so much so that it tumbled into penny stock territory. But you can't keep an excellent tech stock down.
Since the start of 2019, VIAVI's share price has advanced 35%, due largely to the January effect coupled with strong second-quarter results and just-announced third-quarter results, which came in at the high end of guidance.
While VIAVI's 40% gains in 2019 are impressive, easily outpacing the Nasdaq's year-to-date gain of approximately 23.5%, the company has a lot.
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Viavi Solutions Inc (NASDAQ:VIAV) was a great tech stock that got hammered during the fourth quarter marketwide sell-off; so much so that it tumbled into penny stock territory. But you can't keep an excellent tech stock down.
Since the start of 2019, VIAVI's share price has advanced 35%, due largely to the January effect coupled with strong second-quarter results and just-announced third-quarter results, which came in at the high end of guidance.
While VIAVI's 40% gains in 2019 are impressive, easily outpacing the Nasdaq's year-to-date gain of approximately 23.5%, the company has a lot.
Den vollständigen Artikel lesen ...