secwatch.observer — SEC 8-K summary
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Issuer:     AVIAT NETWORKS, INC. (AVNW)
CIK:        0001377789
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001377789-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aviat Networks Q2 revenue up 4.8% to $95M; raises FY 2024 guidance
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- GAAP gross margin 38.8%, up 330 bps YoY; non-GAAP gross margin also 38.8%.
- Adjusted EBITDA $13.7M, up 6.5% YoY; non-GAAP EPS $0.97 vs $0.94 prior year.
- Closed NEC wireless transport acquisition; integration ahead of plan.
- Raises FY 2024 revenue guidance to $425-432M and Adj. EBITDA to $51-56M.
- Cash $45.9M; debt net of cash $3.6M after funding acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377789/000137778924000004/0001377789-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377789/000137778924000004/avnw-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001377789-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer