Aviat Networks Q4 revenue beats estimates on North America growth
Aviat Networks Q4 revenue beats estimates on North America growth
Overview
Wireless transport solutions provider's fiscal Q4 revenue grew 4.8% yr/yr, beating analyst expectations
Adjusted EBITDA for fiscal Q4 beat analyst expectations
Company repurchased $2.2 mln of shares in Q4
Outlook
Aviat Networks sees fiscal 2027 revenue between $455 mln and $470 mln
Company expects fiscal 2027 Adjusted EBITDA between $50 mln and $55 mln
Result Drivers
NORTH AMERICA GROWTH - Q4 North America revenue increased 17.8% yr/yr, driven by growth with mobile service providers and private network customers
INTERNATIONAL DECLINE - Q4 international revenue fell 8.3% yr/yr, attributed to timing of certain mobile network projects
MARGIN PRESSURE - Q4 gross margin declined, driven by changes in product and customer mix
Company press release: ID:nPn8Q1rpqa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $120.90 mln | $110.13 mln (8 Analysts) |
Q4 Loss Per Share |
| $0.10 |
|
Q4 Net Loss |
| $1.30 mln |
|
Q4 Adjusted EBITDA | Beat | $11.90 mln | $10.59 mln (8 Analysts) |
Q4 Gross Margin |
| 30.80% |
|
Q4 Operating Income |
| $5.80 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Aviat Networks Inc is $30.50, about 45.9% above its August 26 closing price of $20.91
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago
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(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.)
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