On July 28, Viavi Solutions fell 5.66% in pre-market trading, trading at $36.5599/share, with turnover of $99,900. The decline extends a multi-session selloff, with the stock having recorded drops exceeding 5% on both July 25 and July 27.

The optical communications and communication equipment sector continued to face broad selling pressure, with AXT Inc, Astera Labs, and Viavi Solutions each falling over 4%, while Applied Optoelectronics, Coherent, Marvell Technology, and Corning declined more than 3%. Within the Communication Equipment sector, Lumentum Holdings fell 4.91%, Arista Networks declined 2.5%, and Nokia dropped 1.46%.

Viavi Solutions is scheduled to report its next quarterly earnings on August 5, with market consensus expecting EPS of $0.25. The company is a global provider of network test, monitoring, and assurance solutions for communications service providers, hyperscalers, and network equipment manufacturers, and is also a leader in optical management technology.

(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.)