Overview
Aviat Networks reports fiscal Q4 revenue of $115.3 mln, beating analysts' expectations
Adjusted EBITDA for fiscal Q4 beats estimates, reaching $15.1 mln
GAAP net income rose 236% yr/yr to $5.2 mln
Outlook
Company expects fiscal 2026 revenue between $440 mln and $460 mln
Aviat Networks projects fiscal 2026 Adjusted EBITDA between $45 mln and $55 mln
Result Drivers
NORTH AMERICA GROWTH - Revenue in North America rose by 3.2% due to growth in private network business
INTERNATIONAL DECLINE - International revenue fell by 5.2% due to timing of certain mobile network projects
OPERATING EXPENSES - Operating expenses decreased by 14.3%, contributing to improved operating income
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$115.30 mln
$114.70 mln (6 Analysts)
Q4 EPS
$0.4
Q4 Net Income
$5.20 mln
Q4 Adjusted EBITDA
Beat
$15.10 mln
$11.20 mln (6 Analysts)
Q4 Gross Margin
34.2%
Q4 Operating Income
$8.90 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Aviat Networks Inc is $33.00, about 32.2% above its September 9 closing price of $22.39
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nPn3ymB1ma
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)