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 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 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 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 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 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.
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 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.
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 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 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%.
Final purchase price $65.5M ($42.1M cash + $23.4M stock); down from $70M originally announced.
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 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 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 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