VIAVI SOLUTIONS INC. (VIAV): restructuring charge — VIAVI Q2 FY2026 revenue up 36% YoY to $369.3M; restructures workforce by 5%

VIAVI SOLUTIONS INC.

2026-Q2 EPS reported -$0.31 revenue$668,400,000

GAAP net loss of $48.1M ($0.21 diluted EPS loss); non-GAAP net income $51.5M ($0.22 EPS).
Revenue $369.3M (+36.4% YoY), driven by data center ecosystem and aerospace & defense demand.
GAAP operating margin 3.1% (down 510 bps); non-GAAP operating margin 19.3% (up 440 bps).
Restructuring plan approved Jan 23: ~5% workforce reduction, expected $32M charges, $30M annualized savings.
Majority of restructuring charges expected by June 2026; plan substantially complete by end of calendar 2026.

item 2.02 item 2.05 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

VIAVI SOLUTIONS INC. announced a restructuring with charges of approximately $32 million (approximately 5% of its global workforce).

Type: restructuring
Charge: approximately $32 million
Headcount: approximately 5% of its global workforce

Exact text from the filing

and asset write-offs. The Company expects approximately 5% of its global workforce to be affected. The Company estimates it will incur total charges of approximately $32 million in connection with the Plan, including approximately $24 million in cash expenditures, primarily related to employee severance and related costs. The Company expects to recognize

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3 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

VIAVI SOLUTIONS INC. filing history →

Source: SEC EDGAR

accession 0001628280-26-003845

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