Aviat Networks Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Total revenue of $95.0 million; up 4.8% year-over-year gross  margin of 38.8%; up 330 basis points year-over-year operating income of $5.0 million; non-gaap operating income of $12.6 million adjusted ebitda of $13.7 million; up 6.5% year-over-year austin, texas , feb. 6, 2024 /prnewswire/ -- aviat networks, inc. ("aviat networks," "aviat," or the "company"), (nasdaq: avnw), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2024 second quarter ended december 29, 2023. second quarter highlights continued year-over-year growth in quarterly revenues and gross margins achieved 14th consecutive quarter of growth in both revenue and adjusted ebitda on a trailing twelve-month basis closed acquisition of nec corporation's wireless transport business and progressed integration delivered record first half revenue in the aviat store shipped first 11 ghz ultra-high power radio to capture upgrade opportunity driven by 6 ghz interference risk second quarter financial highlights total revenues: $95...

Austin, texas , feb. 1, 2024 /prnewswire/ -- aviat networks, inc. (nasdaq: avnw), the leading expert in wireless transport and access solutions, announced today that it will release its second quarter fiscal 2024 financial results for the period ended december 29, 2023, on february 6, 2024, after the market closes. the company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m.

Agreement leverages unique capabilities from each company to address industry digitalization and automation in private networks across indonesia austin, texas , jan. 8, 2024 /prnewswire/ -- aviat networks, inc. (nasdaq: avnw), the expert in wireless transport and access solutions, today announced a strategic collaboration agreement with pt smartfren telecom tbk (idx: fren) to deliver high speed, ultra-reliable wireless connectivity, private wireless indoor and outdoor networks, and industry digitalization and automation services to private networks customers across indonesia. according to omdia, by 2027, private lte and 5g networks combined will have a total market size of $7.4 billion worldwide.

Austin, texas , jan. 4, 2024 /prnewswire/ -- aviat networks, inc. (nasdaq: avnw), the leading expert in wireless transport and access solutions, today announced that it will participate in the following investor conferences. 26th annual needham growth conference to be held in new york, ny on january 17, 2024 jmp securities technology conference to be held in san francisco, ca on march 4, 2024 36th annual roth conference to be held in laguna niguel, ca on march 18, 2024 investors interested in scheduling a meeting with the company should contact their representative at the respective institutions.

Austin, texas , nov. 30, 2023 /prnewswire/ -- aviat networks, inc. ("aviat networks," "aviat," or the "company"), (nasdaq: avnw), the leading expert in wireless transport and access solutions, today announced the completion of its acquisition of the wireless transport business of nec corporation ("nec"). the completion of this acquisition significantly increases the scale of aviat networks, enhances the company's product portfolio with a greater capability to innovate, and creates a more diversified business.

This stock has seen lower earnings estimates for 2024, but higher for 2025 despite that is now at the lowest Zacks Rank.

AEYE, AVNW and SDIG have been added to the Zacks Rank #5 (Strong Sell) List on March 7, 2023.

Aviat Networks: Better Positioned After The NEC Acquisition

Aviat Networks, Inc. (AVNW) Q2 2024 Earnings Call Transcript

Aviat Networks, Inc. (AVNW) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.94 per share a year ago.

AUSTIN, Texas , Feb. 1, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its second quarter fiscal 2024 financial results for the period ended December 29, 2023, on February 6, 2024, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m.

AUSTIN, Texas , Jan. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, today announced that it will participate in the following investor conferences. 26th Annual Needham Growth Conference to be held in New York, NY on January 17, 2024 JMP Securities Technology Conference to be held in San Francisco, CA on March 4, 2024 36th Annual Roth Conference to be held in Laguna Niguel, CA on March 18, 2024 Investors interested in scheduling a meeting with the company should contact their representative at the respective institutions.

The balanced capital allocation strategy signifies the prudent investment decisions and healthy debt position of ATN International (ATNI).

Solid demand for advanced networking architecture for increased broadband usage despite intense market volatility is driving the Zacks Wireless Equipment industry. IDCC, VSAT and AVNW are well-positioned to thrive despite the near-term challenges.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.