Aviat Networks Q3 revenue $83.5M (+12% YoY); raises FY revenue guidance low end

AVIAT NETWORKS, INC.

2023-Q3 EPS reported $0.69 revenue$255,414,000

Revenue $83.5M (+12% YoY); Adjusted EBITDA $10.8M (+14.7% YoY).
GAAP EPS $0.41 (diluted), Non-GAAP EPS $0.75; North America revenue -6.1%, International +46.9%.
Raises FY revenue guidance to $341-347M; reaffirms Adj. EBITDA $45-47.5M.
Cash & marketable securities $22.5M; loan $6.2M outstanding.
First private LTE win in North America and initial RDOF orders received.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AVIAT NETWORKS, INC. reported third quarter ended March 31, 2023 results: revenue $83.5 million, net income $4.9 million, EPS $0.41. Guidance raised.

Period: third quarter ended March 31, 2023
Revenue: $83.5 million
Net income: $4.9 million
EPS: $0.41
Guidance: raised
Result: reported results

Exact text from the filing

Total Revenues: $83.5 million, +12.0% from same quarter last year • GAAP Results: Gross Margin 35.7%; Operating Expenses $22.3 million; Operating Income $7.5 million; Net Income before tax $7.1 million; Net income $4.9 million; Net income per share $0.41

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AVIAT NETWORKS, INC. reported nine months ended March 31, 2023 results: revenue $255.4 million, net income $8.2 million, EPS $0.69. Guidance raised.

Period: nine months ended March 31, 2023
Revenue: $255.4 million
Net income: $8.2 million
EPS: $0.69
Guidance: raised
Result: reported results

Exact text from the filing

million compared to $25.5 million in the comparable fiscal 2022 period, an increase of $11.9 million or 46.9%. For the nine months ended March 31, 2023, revenue grew by 13.2% to $255.4 million, as compared to $225.5 million in the comparable fiscal 2022 period. North America revenue of $147.0 million decreased by $(4.1) million or (2.7)%, as compared to $151.0 million

View on SEC.gov

Browse all earnings releases →

AVIAT NETWORKS, INC. filing history →

Source: SEC EDGAR

accession 0001377789-23-000012

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.