Aviat Networks' Q2 revenue beats estimates

Overview

• Wireless solutions firm's fiscal Q2 revenue beat analysts' expectations despite a yr/yr decline

• Adjusted EBITDA for fiscal Q2 beat analysts' expectations

• Company achieved highest Q2 bookings in over a decade

Outlook

• Company maintains fiscal 2026 full-year revenue guidance between $440 mln and $460 mln

• Aviat Networks expects full-year adjusted EBITDA between $45 mln and $55 mln

Result Drivers

• HIGHEST Q2 BOOKINGS - Aviat Networks achieved its highest level of second quarter bookings in over a decade

• EXPENSE MANAGEMENT - Improved net income and Adjusted EBITDA due to better gross margins and ongoing operating expense management

Key Details

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 $34.00, about 50.2% above its February 2 closing price of $22.64

• The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn2JSbsZa

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