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Apr 02, 2021
Aviat Q3 2021 Earnings Report
Aviat reported an increase in quarterly revenues and Adjusted EBITDA, driven by execution on key long-term strategic objectives.
Key Takeaways
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.
Total revenues increased by 8.2% year-over-year to $66.4 million.
Adjusted EBITDA increased by $3.8 million year-over-year to $7.3 million.
GAAP net income was $94.7 million, or $8.00 per diluted share, driven by the release of a U.S. valuation allowance.
Aviat was selected by Dish Networks as a key microwave transport vendor and increased its share of demand in Rural Broadband.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Aviat Networks did not provide specific forward guidance in this earnings report.
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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