earnings
confidence high
sentiment positive
materiality 0.80
Aviat Q4 revenue $91.2M (+17.8% YoY); guides FY24 revenue $367-374M, Adj. EBITDA $51-56M
AVIAT NETWORKS, INC.
2023-FY EPS reported
$0.97
revenue$346,593,000
- Q4 GAAP EPS $0.28; non-GAAP EPS $0.87; revenue $91.2M up 17.8% YoY, international up 25.8%.
- FY2023 revenue $346.6M (+14.4% YoY); non-GAAP net income $39.1M or $3.30 per share.
- Backlog $289M, up 18% YoY; net cash $22.2M, no debt.
- Guidance FY2024: revenue $367-374M, Adjusted EBITDA $51-56M.
- Announced $70M acquisition of NEC's Wireless Transport Business (transformational).