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AVNW — Aviat Networks News Story

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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


Reuters Recommended Reads

  • Aug 26 - Dycom Q2 adjusted EPS tops estimates on fiber infra demand

  • Aug 27 - Hong Kong's Transtech Optelecom H1 revenue rises sharply on higher optical fibre sales

  • Aug 26 - China Communications Services interim revenue falls 3.2%


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.)

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