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Dec 30, 2022
Aviat Q2 2023 Earnings Report
Aviat reported a strong Q2 2023 with increased revenue and adjusted EBITDA.
Key Takeaways
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.
Company achieved year-over-year increase in quarterly revenues and Adjusted EBITDA.
Record non-GAAP operating margin was achieved.
Capitalized on the 5G upgrade cycle with the Vendor Agnostic Multi-Band solution.
Continued growth in private networks with software, routers and private LTE solutions.
Revenue by Geographic Location
Forward Guidance
The Company raised its fiscal 2023 full year guidance.
Positive Outlook
- Full year Revenue between $340 and $347 million.
- Full year Adjusted EBITDA between $45.0 and $47.5 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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