On July 30, Viavi Solutions rose 5.49% in pre-market trading, trading at $33.99/share, with turnover of $182,100. The stock rebounded alongside the broader communication equipment sector following consecutive sessions of heavy selling pressure, during which Viavi Solutions recorded declines exceeding 5% on July 25, 27, 28, and 29.

The sector saw a synchronized recovery, with Applied Optoelectronics up 7.68%, Lumentum up 7.49%, Ciena up 5.87%, Arista Networks up 2.93%, and Cisco up 1.18%. Viavi Solutions is scheduled to report fiscal fourth-quarter earnings on August 5, with consensus estimates calling for revenue of approximately $433 million, representing 51.69% year-over-year growth, and adjusted EPS of $0.30, up 159.33% year-over-year. Institutional sentiment heading into the report remains cautious.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)