earnings
confidence high
sentiment neutral
materiality 0.70
Aviat Networks Q3 revenue $111.6M (+33.7% YoY); updates FY revenue guidance to $408-418M
AVIAT NETWORKS, INC.
2024-Q3 EPS reported
$0.84
revenue$294,215,000
- GAAP net income $3.4M ($0.27 EPS) vs $4.9M ($0.41) YoY; adjusted EBITDA $12.0M, +11.1%.
- Revenue $111.6M (+33.7%); international revenue $67.2M (+79.6%) driven by Pasolink acquisition.
- Full-year revenue guidance revised to $408-418M; Adjusted EBITDA outlook unchanged $51-56M.
- Cash and marketable securities $59.2M, net cash $10.2M; generated $15.3M cash from ops in quarter.
- Secured first India microwave backhaul orders, adding $200M addressable segment.