CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Viavi Solutions Inc. (VIAV) on Thursday reported fiscal fourth-quarter profit of $8 million.

On a per-share basis, the Chandler, Arizona-based company said it had profit of 4 cents. Earnings, adjusted for one-time gains and costs, came to 13 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The communications equipment company posted revenue of $290.5 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $285 million.

For the year, the company reported profit of $34.8 million, or 15 cents per share. Revenue was reported as $1.08 billion.

For the current quarter ending

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