Overview
Aviat Networks fiscal Q1 revenue grows 21.4% yr/yr, beating analyst expectations
Adjusted EBITDA for fiscal Q1 beats consensus, driven by improved gross margins
Company launches Aprisa LTE 5G router solution, expanding Private Networks segment
Outlook
Company maintains fiscal 2026 revenue guidance of $440 to $460 mln
Aviat Networks expects full-year Adjusted EBITDA between $45 mln and $55 mln
Result Drivers
PRIVATE NETWORKS - North America revenue increased due to strong private network projects
CAPEX TIMING - International revenue rose due to timing of capital expenditure plans by mobile network operators
PRODUCT MIX - Gross margin improvements driven by regional and product mix
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $107.30 mln | $102.62 mln (7 Analysts) |
Q1 EPS | $0.01 | ||
Q1 Net Income | $200,000 | ||
Q1 Adjusted EBITDA | Beat | $9.10 mln | $8.05 mln (7 Analysts) |
Q1 Gross Margin | 33.20% | ||
Q1 Operating Income | $5.20 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 25.9% above its November 3 closing price of $24.45
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nPn57BwyBa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)