{"schema_version":"secwatch.filing_event.v1","accession":"0000912093-23-000008","form_type":"8-K","ticker":"VIAV","cik":"0000912093","company_name":"VIAVI SOLUTIONS INC.","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.513043+00:00","generated_at":"2026-06-20T03:12:50.025139+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Viavi reports Q2 revenue miss, 9.6% decline; announces restructuring of 5% workforce","bullets":["Q2 revenue $284.5M (down 9.6% YoY); GAAP EPS $0.04 (down 71.4%); non-GAAP EPS $0.14 (down 41.7%).","GAAP operating margin 8.0%, down 770 bps; non-GAAP 16.2%, down 710 bps.","Restructuring plan approved: ~5% workforce cut, ~$15M charges, completion by end FY2023.","CEO cited stabilization signs in NSE; OSP segment grew YoY; YTD cash flow from ops >$70M."],"urls":{"canonical":"https://secwatch.observer/filing/0000912093-23-000008","json":"https://secwatch.observer/filing/0000912093-23-000008.json","markdown":"https://secwatch.observer/filing/0000912093-23-000008.md","text":"https://secwatch.observer/filing/0000912093-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912093/000091209323000008/0000912093-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912093/000091209323000008/viav-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T03:12:50.025139+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"224f2f49a85033b6261a82d1dc2ef8e51b985a2d","claim":"VIAVI SOLUTIONS INC. reported preliminary financial results for its fiscal second quarter ended December 31, 2022.","evidence_excerpt":"On February 2, 2023, Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal second quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912093/000091209323000008/0000912093-23-000008-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its fiscal second quarter ended December 31, 2022"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"4ef3ab9cae3fe838fc59c4beb3d5e19bf617160d","claim":"VIAVI SOLUTIONS INC. announced a restructuring with charges of approximately $15 million (approximately 5% of its global workforce).","evidence_excerpt":"On February 1, 2023, the Company approved a restructuring and workforce reduction plan (the “Plan”) intended to improve operational efficiencies and better align the Company’s workforce with current business needs and strategic growth opportunities. The Company expects approximately 5% of its global workforce to be affected and estimates it will incur charges of approximately $15 million in connection with the Plan.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/912093/000091209323000008/0000912093-23-000008-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $15 million"},{"label":"Headcount","value":"approximately 5% of its global workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}