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Jan 01, 2021
Aviat Q2 2021 Earnings Report
Aviat reported record quarterly revenues and Adjusted EBITDA margins, driven by key long-term strategic objectives and customer wins.
Key Takeaways
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.
Company achieved highest reported quarterly revenues in more than five years and record Adjusted EBITDA margins.
Company maintains a solid balance sheet and liquidity position.
GAAP and non-GAAP operating expenses decreased by approximately 4.0% year-over-year due to cost savings and restructuring initiatives.
Company secured significant customer wins in Mobile 5G and Rural Broadband.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Aviat Networks is increasing full year fiscal 2021 Revenue guidance to $255 million - $265 million and Adjusted EBITDA Guidance to $28 million - $31 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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