Asako Aoyama
On April 17, 2025, Asako Aoyama, a member of the Board of Directors (the “Board”) of Aviat Networks, Inc. (“Aviat” or the “Company”) notified the Company that she would be resigning from the Board effective on April 22, 2025.
Highest-materiality recent filing
Aviat Q4 revenue up 4.8% but GAAP net loss $1.3M; FY27 revenue guided $455-470M
Q4 total revenue $120.9M, up 4.8% YoY; North America revenue $68.3M, up 17.8% YoY.
Aviat Networks receives $25–30M in orders from existing customer
Announced order(s) from existing customer valued at $25–$30 million.
Aviat Networks Q3 FY2026 revenue down 11% YoY; posts GAAP net loss of $2.1M
Revenue $100.0M, -11.2% YoY; North America $46.2M (-6.6%), International $53.8M (-14.9%).
Aviat files corrected auditor consent to include omitted S-3 reference
Corrects Deloitte & Touche consent to reference Registration Statement No. 333-279014 on Form S-3.
Aviat Networks extends tax benefit preservation plan to March 2029
Amendment extends final expiration of Tax Benefit Preservation Plan to March 3, 2029.
Aviat Networks Q2 revenue $111.5M (-5.7% YoY); GAAP EPS $0.44, non-GAAP $0.54
Q2 revenue $111.5M vs $118.2M YoY; North America -8.7%, International -2.8%.
Aviat updates IR presentation for Needham conference; no specific news from exhibit
Updated investor presentation posted on Jan 13, 2026, for the Needham Growth Conference on Jan 14, 2026.
Aviat Networks appoints Andrew C. Schmidt as CFO, effective December 3, 2025
Salary $440K, target bonus 65% of base, LTI 100% of base, $330K equity grant (3-yr vest).
Investor presentation titled 'Fiscal Q1 2026' posted on company website on Nov 18, 2025.
Aviat shareholders approve 800K share increase in 2018 incentive plan
Stockholders approved Third Amended and Restated 2018 Incentive Plan, increasing share authorization by 800,000 shares.
Aviat Networks Q1 revenue $107.3M (+21% YoY); GAAP EPS $0.01, non-GAAP $0.43
Revenue $107.3M, up 21.4% YoY; NA $52.6M (+24.7%), Intl $54.7M (+18.3%).
Aviat Networks appoints Grant Thornton as auditor for FY2026, dismisses Deloitte
Audit Committee approved Grant Thornton LLP as independent auditor for fiscal year ending June 26, 2026.
CFO Michael Connaway departs Aviat Networks; transition through Sept. 30
CFO Michael Connaway voluntarily resigned effective Sept. 10, 2025; will remain as employee through Sept. 30 for transition.
Aviat Networks Q4 revenue $115.3M, GAAP EPS $0.40, non-GAAP EPS $0.83; FY2026 guidance issued
Q4 total revenue $115.3M, down 1.1% YoY; North America up 3.2% to $58.0M, International down 5.2% to $57.3M.
Aviat Networks amends credit agreement, adds $40M in total commitments
Third Amendment adds $20M incremental term loan and $20M revolving facility increase, bringing revolver to $95M.
Aviat Networks CFO resigns; interim CFO named; preliminary Q4 net income >$4.5M
CFO Michael Connaway resigns voluntarily after FY2025 10-K filing; pursuing opportunity outside industry.
Aviat Networks promotes Gary Croke to SVP of Product and Innovation, effective July 1, 2025
Gary Croke promoted from VP of Marketing and Product Line Management to SVP of Product and Innovation.
Aviat files pro forma financials for NEC acquisition; combined rev $493M, net income $13.3M
Pro forma combined revenue $493.1M, net income $13.3M for twelve months ended June 28, 2024.
Aviat Q3 revenue $112.6M (+1.6% YoY); record Adj. EBITDA $14.9M, GAAP EPS $0.27
Non-GAAP EPS $0.88 vs $0.78 YoY; GAAP operating income up 64% to $9.3M.
Director Asako Aoyama resigns from Aviat Networks board effective April 22, 2025
Asako Aoyama notified her resignation from the Board on April 17, 2025, effective April 22, 2025.
Aviat Q2 revenue up 26% to $118.2M; non-GAAP EPS $0.82; reaffirms FY guidance
Revenue $118.2M (+26.2% YoY); North America +14.5%, International +39.8% on Pasolink.
Aviat Networks appoints Scott Halliday to Board of Directors, effective Jan 31, 2025
Scott Halliday appointed to Aviat Networks Board effective Jan 31, 2025; will serve on Audit Committee.
Aviat Networks shareholders approve all proposals including amended LTIP at 2024 annual meeting
All seven director nominees elected; average support ~86% of votes cast.
Aviat Networks Q1 FY2025 net loss $11.9M; revenue up 1.7% to $88.4M
GAAP net loss per diluted share $0.94 vs income $0.30 a year ago; non-GAAP loss per share $0.87.
Second Amendment to Credit Agreement dated October 18, 2024, among Aviat, U.S. and Singapore borrowers, and Wells Fargo (administrative agent).
Aviat Networks Q4 revenue $116.7M (+28% YoY); FY25 guidance $450-490M
Q4 revenue $116.7M (+28.1% YoY); GAAP EPS $0.12, non-GAAP EPS $0.72.
Aviat Networks delays FY2024 10-K; preliminary revenue $400-409M, material weaknesses
Preliminary FY2024 revenue $400-409M (up from $347M); operating income $15-20M (down from $26M); net income $8-12M (down from $12M).
Aviat Networks acquires 4RF, expects accretion to gross margin and adjusted EBITDA in first year
Acquisition of 4RF, provider of narrowband radios and LTE/5G routers for critical infrastructure markets like utilities and mining.
Aviat Networks appoints Michael Connaway as CFO; David Gray resigns effective May 28, 2024
David Gray voluntarily resigned as SVP and CFO, effective May 28, 2024; entered separation agreement with one-year salary and COBRA.
Aviat files pro forma financials for NEC backhaul deal; combined rev $379M (9mo)
Pro forma revenue of $379.2M for nine months ended Mar 29, 2024, vs Aviat historical $294.2M.
Aviat Networks Q3 revenue $111.6M (+33.7% YoY); updates FY revenue guidance to $408-418M
GAAP net income $3.4M ($0.27 EPS) vs $4.9M ($0.41) YoY; adjusted EBITDA $12.0M, +11.1%.
Aviat files NEC transport business financials for six months ended Sep 30, 2023 and pro forma update
NEC wireless transport business had net revenues ¥11,660M (~$80M) and net revenues less direct expenses ¥668M (~$4.6M) for six months ended Sep 30, 2023.
Aviat Networks enters new employment agreements with CEO, CFO, GC, and VP Marketing
CEO Peter Smith: base salary $650k, target annual bonus 142% ($923k min for 2024), LTIP target 354%.
Aviat Networks closes NEC wireless backhaul buy; pro forma EPS falls ~50% annually
Acquisition consideration: $42.1M cash + $23.4M in Aviat stock; closed Nov. 30, 2023.
Aviat Networks Q2 revenue up 4.8% to $95M; raises FY 2024 guidance
GAAP gross margin 38.8%, up 330 bps YoY; non-GAAP gross margin also 38.8%.
New investor presentation posted to IR website on December 7, 2023 for use with investors.
Final purchase price $65.5M ($42.1M cash + $23.4M stock); down from $70M originally announced.
Aviat Networks amends credit facility to support NEC and NEC Malaysia acquisitions
Amendment adds NEC Malaysia Acquisition as permitted investment and extends NEC Acquisition deadline to Jan 5, 2024.
Laxmi Akkaraju elected to board effective Nov 8, 2023, replacing retiring director Jim Stoffel after 16 years of service.
Aviat Networks Q1 revenue $87.6M (+7.8% YoY); GAAP net income $4.0M vs loss
GAAP operating income $5.5M, up 41.8% YoY; Adjusted EBITDA $12.1M, up 13.1%.
Aviat Networks SVP Bryan Tucker to retire Nov 3; will consult at $5k/month
Bryan Tucker, SVP Americas Sales and Services, retiring effective November 3, 2023.
Aviat Networks amends bylaws to align with universal proxy rules and Delaware law updates
Board approved amended and restated bylaws effective August 22, 2023.
Aviat Q4 revenue $91.2M (+17.8% YoY); guides FY24 revenue $367-374M, Adj. EBITDA $51-56M
Q4 GAAP EPS $0.28; non-GAAP EPS $0.87; revenue $91.2M up 17.8% YoY, international up 25.8%.
Aviat Networks to acquire NEC's wireless transport business for $70M in cash and stock
Deal valued at $45M cash plus $25M Aviat stock; expected close in Q3 2023.
Aviat Networks to acquire NEC's wireless backhaul business for $70M in cash and stock
Initial consideration: $45M cash plus $25M in Aviat common stock (~787,740 shares).
Aviat Networks Q3 revenue $83.5M (+12% YoY); raises FY revenue guidance low end
Revenue $83.5M (+12% YoY); Adjusted EBITDA $10.8M (+14.7% YoY).
Aviat Networks extends tax benefit preservation plan to March 2026, subject to shareholder vote
Amendment extends final expiration date of Tax Benefit Preservation Plan to March 3, 2026.
Aviat Networks Q2 revenue up 16.5% to $90.7M; raises FY23 guidance
Total revenue $90.7M, +16.5% YoY; International revenue $38.6M, +44.1%.
Aviat Networks shareholders elect all six director nominees at FY2022 annual meeting
82.4% of shares (9,229,592) represented at Nov 9, 2022 meeting.
Aviat Networks Q1 fiscal 2023 revenue $81.3M (+11.1% YoY); GAAP net loss $(2.7)M
North America revenue $48.8M (-4.1% YoY); International revenue $32.4M (+45.8% YoY).
On April 17, 2025, Asako Aoyama, a member of the Board of Directors (the “Board”) of Aviat Networks, Inc. (“Aviat” or the “Company”) notified the Company that she would be resigning from the Board effective on April 22, 2025.
On January 31, 2025, the Board of Directors (the “Board”) of Aviat Networks, Inc. (“Aviat” or the “Company”) approved the appointment of Mr. Scott Halliday as a director of the Board, effective immediately
On May 28, 2024, Aviat Networks, Inc. (the “Company”) announced the appointment of Michael Connaway as the Company’s Senior Vice President and Chief Financial Officer.
On October 3, 2023, Aviat Networks, Inc. (the “Company”) announced the retirement of Bryan Tucker, the Company’s Senior Vice President of Americas Sales and Services effective on November 3, 2023.
On August 16, 2022, Somesh Singh, member of the Board of Directors (the “Board”) of Aviat Networks, Inc. (the “Company”), notified the chair of the Governance and Nominating Committee of the Board that he would not stand for re-election as members of the Board at the 2022 annual meeting of the stockholders.
On March 9, 2022, the Board of Directors (the “Board”) of Aviat Networks, Inc. (“Aviat” or the “Company”) approved the appointment of Mr. Bruce Taten as a director of the Board, effective immediately until the Company’s 2022 Annual Meeting of Stockholders
Departure of Chief Financial Officer and Principal Accounting Officer
On October 18, 2021, Aviat Networks, Inc. (the “Company”) announced the appointment of David Gray as the Company’s Senior Vice President and Chief Financial Officer.
On August 26, 2021, Kenneth Kong, a member of the Board of Directors (the “Board”) of Aviat Networks, Inc. (the “Company”), notified the Board that he would not stand for re-election as members of the Board at the 2021 annual meeting of the stockholders.
On August 24, 2021, John Quicke and Dahlia Loeb, both members of the Board of Directors (the “Board”) of Aviat Networks, Inc. (the “Company”), notified the Board that they would not stand for re-election as members of the Board at the 2021 annual meeting of the stockholders.
On August 24, 2021, John Quicke and Dahlia Loeb, both members of the Board of Directors (the “Board”) of Aviat Networks, Inc. (the “Company”), notified the Board that they would not stand for re-election as members of the Board at the 2021 annual meeting of the stockholders.
Max materiality 0.85 · Median 0.57 · Most common event earnings