Viavi Solutions IncAchieved fastest revenue growth at 42.8% to $406.8 million.
Inspection instruments stocks reported a strong first quarter, with aggregate revenues missing analyst estimates by 0.5% but next-quarter revenue guidance coming in 2.5% above expectations. Itron posted revenues of $587 million, down 3.3% year-on-year but beating estimates by 2.6%, though it delivered the weakest guidance update among the five companies tracked. Viavi Solutions achieved the fastest revenue growth at 42.8% to $406.8 million, while Badger Meter saw revenues fall 9% to $202.3 million, missing estimates by 12.5%. Teledyne and Keysight also beat revenue expectations, with Teledyne reporting $1.56 billion and Keysight $1.72 billion.
Viavi Solutions IncAchieved fastest revenue growth at 42.8% to $406.8 million.
Keysight Technologies IncBeat revenue expectations with $1.72 billion.
Badger Meter IncRevenues fell 9% to $202.3 million, missing estimates by 12.5%.
Itron IncRevenues beat estimates by 2.6% but delivered the weakest guidance update among tracked companies.
Teledyne Technologies IncorporatedBeat revenue expectations with $1.56 billion.