secwatch.observer — SEC 8-K summary
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Issuer:     AVIAT NETWORKS, INC. (AVNW)
CIK:        0001377789
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001377789-24-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aviat Networks Q1 FY2025 net loss $11.9M; revenue up 1.7% to $88.4M
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- GAAP net loss per diluted share $0.94 vs income $0.30 a year ago; non-GAAP loss per share $0.87.
- Total revenue $88.4M (+1.7% YoY); North America revenue down 23% to $42.2M, international up 44% to $46.2M.
- GAAP gross margin fell to 22.4% from 35.9% on mix shift; adjusted EBITDA $(7.7)M vs $8.9M prior year.
- Cash and equivalents $51.0M; total debt $83.4M, up $35.0M from June 28, 2024.
- FY2025 guidance: revenue $430-470M, adjusted EBITDA $30-40M (updated).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377789/000137778924000057/0001377789-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377789/000137778924000057/avnw-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001377789-24-000057

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