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Stock impact report

Aviat Networks Announces Fiscal 2024 Second Quarter and Six Month Financial Results, Increases Full Year Guidance [Yahoo! Finance]

Aviat Networks, Inc. (AVNW) 
Last aviat networks, inc. earnings: 2/6 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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: $95.0 million, up 4.8% from the same quarter last Show less Read more
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