Aviat Networks beats Q4 revenue estimates, net income up 236%
Overview
Aviat Networks reports fiscal Q4 revenue of $115.3 mln, beating analysts' expectations
Adjusted EBITDA for fiscal Q4 beats estimates, reaching $15.1 mln
GAAP net income rose 236% yr/yr to $5.2 mln
Outlook
Company expects fiscal 2026 revenue between $440 mln and $460 mln
Aviat Networks projects fiscal 2026 Adjusted EBITDA between $45 mln and $55 mln
Result Drivers
NORTH AMERICA GROWTH - Revenue in North America rose by 3.2% due to growth in private network business
INTERNATIONAL DECLINE - International revenue fell by 5.2% due to timing of certain mobile network projects
OPERATING EXPENSES - Operating expenses decreased by 14.3%, contributing to improved operating income
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $115.30 mln | $114.70 mln (6 Analysts) |
Q4 EPS |
| $0.4 |
|
Q4 Net Income |
| $5.20 mln |
|
Q4 Adjusted EBITDA | Beat | $15.10 mln | $11.20 mln (6 Analysts) |
Q4 Gross Margin |
| 34.2% |
|
Q4 Operating Income |
| $8.90 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Aviat Networks Inc is $33.00, about 32.2% above its September 9 closing price of $22.39
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nPn3ymB1ma
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