Aviat files pro forma financials for NEC acquisition; combined rev $493M, net income $13.3M

AVIAT NETWORKS, INC.

Pro forma combined revenue $493.1M, net income $13.3M for twelve months ended June 28, 2024.
Final consideration for NEC wireless transport deal: $73.5M ($51.2M cash + $22.3M stock).
Aviat historical standalone rev $408.1M, net income $10.8M; pro forma EPS $1.07 basic.
Adjustments include $932k inventory step-up, $446k intangible amortization, $1.6M interest.
Post-closing adjustments finalized in Q2 fiscal 2025; deal closed November 30, 2023.

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