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AVNW — Aviat Networks News Story

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Aviat Networks Inc reports results for the quarter ended March 31 - Earnings Summary

Aviat Networks Inc AVNW.OQ reported quarterly adjusted earnings of 88 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 73 cents.  The mean expectation of six analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 18 cents to 35 cents per share.

Revenue rose 0.9% to $112.64 million from a year ago; analysts expected $104.83 million.

Aviat Networks Inc's reported EPS for the quarter was 27 cents​.

The company reported quarterly net income of $3.53 million.

Aviat Networks Inc shares had fallen by 0.9% this quarter and gained 4.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 57% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Aviat Networks Inc is $31.50

This summary was machine generated from LSEG data May 6 at 10:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.280.88Beat
Dec. 31 20240.010.82Beat
Sep. 30 2024-0.03-0.87Missed
Jun. 30 20240.690.72Beat

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