Aviat Networks Q3 revenue falls 11%, misses analyst estimates

Aviat Networks

04/05/2026 21:17

Overview

Wireless transport equipment maker's fiscal Q3 revenue fell 11% yr/yr, missing analyst expectations

Fiscal Q3 adjusted EBITDA missed analyst expectations

Company cites project timing in North America and international delays for revenue decline

Outlook

Aviat Networks sees fiscal 2026 revenue between $428 mln and $440 mln

Company expects fiscal 2026 adjusted EBITDA between $35 mln and $40 mln

Result Drivers

PROJECT TIMING - Co said North America revenue fell due to timing of certain private and mobile network projects

INTERNATIONAL DELAYS - International revenue declined due to timing of capital expenditure plans of mobile network operators and revenue delays related to the conflict in the Middle East

MARGIN PRESSURE - Gross margin decreased due to regional and product mix in the quarter

Company press release: ID:nPnKjrFna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$100 mln
$106.40 mln (7 Analysts)
Q3 EPS
-$0.16
Q3 Net Income
-$2.10 mln
Q3 Adjusted EBITDA
Miss
$4.40 mln
$10.38 mln (7 Analysts)
Q3 Gross Margin
29.30%
Q3 Operating Income
$939,000


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 $34.00, about 47.1% above its May 1 closing price of $23.12

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)