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Mar 31, 2023
Aviat Q3 2023 Earnings Report
Aviat reported an increase in quarterly revenues and Adjusted EBITDA due to the execution of key long-term strategic objectives.
Key Takeaways
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.
Company executed on key long-term strategic objectives resulting in continued year-over-year increase in quarterly revenues and Adjusted EBITDA
Aviat maintained private network leadership with first private LTE win in North America and expanding international and enterprise opportunities
Company received initial Rural Digital Opportunity Fund related project orders from four recipients
Recent product releases, including third-party radio support for Frequency Assurance Software, continue Aviat’s innovation for customers
Revenue by Geographic Location
Forward Guidance
Aviat Networks raises the lower-end of fiscal 2023 full year revenue guidance and reaffirms its fiscal 2023 full year earnings guidance.
Positive Outlook
- Full year Revenue between $341 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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