Aviat Networks announced strong fiscal third quarter 2025 results, with total revenue increasing by 1.6% year-over-year to $112.6 million. The company achieved a 64% year-over-year growth in GAAP operating income and set a new record for quarterly Adjusted EBITDA, driven by strong margins and effective operating expense management.
Aviat Networks reported a 26.2% year-over-year increase in total revenue, reaching $118.2 million. Operating income was $8.0 million, with a non-GAAP operating income of $12.6 million. The company achieved a record quarterly adjusted EBITDA of $14.8 million and a non-GAAP diluted earnings per share of $0.82.
Aviat Networks reported a slight increase in total revenue for Q1 2025, but experienced a decrease in profitability due to lower gross margins and higher operating expenses related to recent acquisitions.
Aviat Networks reported a 28.1% year-over-year increase in Q4 revenue, reaching $116.7 million. The Pasolink acquisition contributed positively to Adjusted EBITDA and non-GAAP net income. The company secured a statewide win with a new public safety customer and achieved its fourth consecutive fiscal year of revenue and Adjusted EBITDA growth.
Aviat Networks reported a strong Q3 2024 with a 33.7% increase in total revenue year-over-year, reaching $111.6 million. The company's adjusted EBITDA also increased by 11.1% to $12.0 million. The growth was fueled by international sales and the acquisition of Pasolink.
Aviat Networks reported a 4.8% year-over-year increase in total revenue, reaching $95.0 million. The company's gross margin improved by 330 basis points to 38.8%. Operating income was $5.0 million, with a non-GAAP operating income of $12.6 million. Adjusted EBITDA increased by 6.5% year-over-year to $13.7 million.
Aviat Networks reported a successful first quarter in fiscal year 2024, marked by revenue growth and increased profitability. Total revenue reached $87.6 million, a 7.8% increase year-over-year, driven by record bookings in North America. The company's GAAP operating income increased by 41.8% year-over-year, and adjusted EBITDA rose by 13.1%.
Aviat Networks reported a strong fourth quarter with a 17.8% year-over-year revenue increase, reaching $91.2 million. The company's GAAP operating income also rose by 20.6% year-over-year to $6.3 million. Adjusted EBITDA increased by 37.5% compared to the prior year, reaching $12.6 million.
Aviat Networks reported a 12.0% year-over-year increase in total revenue, reaching $83.5 million, and a 14.7% increase in adjusted EBITDA to $10.8 million. The company maintained its private network leadership and saw initial orders from the Rural Digital Opportunity Fund.
Aviat Networks reported a 16.5% year-over-year increase in total revenue, reaching $90.7 million for the second quarter of fiscal year 2023. Adjusted EBITDA also saw a significant rise of 27.4% compared to the prior year, amounting to $12.9 million. The company has raised its full year revenue and earnings guidance.
Aviat Networks reported a strong start to fiscal year 2023, with an 11.1% year-over-year increase in total revenue to $81.3 million. The company's GAAP gross margin improved to 36.3%, and adjusted EBITDA rose by 11.3% to $10.7 million. The acquisition of Redline Communications contributed to the positive results.
Aviat Networks reported an 8.0% year-over-year increase in total Q4 revenue, reaching $77.4 million. GAAP operating income increased by 40.4% year-over-year to $5.2 million, and adjusted EBITDA increased by 31.1% to $9.1 million.
Aviat Networks announced its fiscal 2022 third quarter results, reporting a 12.2% increase in total revenue to $74.5 million compared to the same quarter last year. GAAP income before tax increased by 75.5% year-over-year, and adjusted EBITDA rose by 29.2%. The company also launched Health Assurance Software (HAS) and secured a Quickline rural broadband win.
Aviat Networks reported a successful second quarter with a 10.4% year-over-year increase in total revenue, reaching $77.9 million. The company launched Multiband XD and saw international growth driven by 5G deployments.
Aviat Networks reported a 10.4% year-over-year increase in total revenue, reaching $73.2 million, and a 14.4% year-over-year increase in Adjusted EBITDA, amounting to $9.6 million. The company continues to execute its long-term strategic objectives, focusing on sales growth, margin expansion, and bottom-line improvements. They are well-positioned for growth in the rural broadband segment.
Aviat Networks reported a successful Q4 and fiscal year 2021, with revenue reaching $71.7 million, a 14.4% increase year-over-year. The company's adjusted EBITDA was $7.0 million, up $1.4 million year-over-year. Wins with Dish Network and increased share in Rural Broadband contributed to the positive results.
Aviat Networks reported a successful Q3 2021 with total revenues of $66.4 million, an 8.2% increase year-over-year. The company saw significant improvements in Adjusted EBITDA and net income, driven by growth in North America and international markets.
Aviat Networks reported a successful Q2 2021 with total revenue of $70.5 million, a 26.0% increase year-over-year. Adjusted EBITDA reached $10.1 million, up $9.7 million year-over-year. The company secured key customer wins in Mobile 5G and Rural Broadband.
Aviat Networks reported a strong first quarter in fiscal year 2021, with total revenue of $66.3 million, a 13.1% increase year-over-year. The company experienced record profitability driven by improved sales, operational efficiencies, cost reductions, and an improved product mix. Adjusted EBITDA increased by 103% year-over-year to $8.4 million, and the company introduced fiscal year 2021 revenue guidance of $245 million to $255 million.
Aviat Networks reported Q4 revenue of $62.7 million, a decrease of 2.5% compared to the previous year. The company achieved an annual Adjusted EBITDA of $13.5 million, exceeding the top end of its Adjusted EBITDA guidance.
Aviat Networks reported a 13.6% increase in revenue for Q3 2020, with North America revenue up by 30%. Gross margins increased by 570 basis points, and Adjusted EBITDA improved by $4 million compared to Q3 2019. The company reaffirmed its prior guidance and remains on track to deliver $11 - $12 million of Adjusted EBITDA in FY20.
Aviat Networks reported a decrease in total revenues for Q2 2020, primarily due to a cyberattack that constrained capacity and a decline in international revenue. North America revenue saw a slight decrease, while international revenue was significantly impacted by the spending environment in Africa and lower order volumes in the APAC region. The company reported a GAAP operating loss and a non-GAAP operating loss for the quarter.