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Jun 30, 2023
Aviat Q4 2023 Earnings Report
Aviat Networks reported strong Q4 2023 financial results, marked by significant revenue growth and strategic advancements.
Key Takeaways
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.
Total Q4 revenue reached $91.2 million, a 17.8% increase year-over-year.
Q4 GAAP operating income was $6.3 million, up 20.6% year-over-year.
Adjusted EBITDA for Q4 was $12.6 million, a 37.5% increase compared to the prior year.
Aviat Networks announced the acquisition of NEC’s Wireless Transport Business for $70.0 million.
Aviat
Aviat
Aviat Revenue by Segment
Aviat Revenue by Geographic Location
Revenue by Segment
Product Sales Revenue
CapyFin.comServices Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comLatin America and Asia Pacific Revenue
CapyFin.com Forward Guidance
The Company established its fiscal 2024 full year revenue and Adjusted EBITDA guidance as follows:
Positive Outlook
- Full year Revenue between $367 and $374 million
- Full year Adjusted EBITDA between $51.0 and $56.0 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income