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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.
Revenue by Segment
Revenue by Geographic Location
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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