Overview

* Aviat Networks ( AVNW ) reports fiscal Q4 revenue of $115.3 mln, beating analysts' expectations

* Adjusted EBITDA for fiscal Q4 beats estimates, reaching $15.1 mln

* GAAP net income rose 236% yr/yr to $5.2 mln

Outlook

* Company expects fiscal 2026 revenue between $440 mln and $460 mln

* Aviat Networks ( AVNW ) projects fiscal 2026 Adjusted EBITDA between $45 mln and $55 mln

Result Drivers

* NORTH AMERICA GROWTH - Revenue in North America rose by 3.2% due to growth in private network business

* INTERNATIONAL DECLINE - International revenue fell by 5.2% due to timing of certain mobile network projects

* OPERATING EXPENSES - Operating expenses decreased by 14.3%, contributing to improved operating income

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Beat $115.30 $114.70

Revenue mln mln (6

Analysts

)

Q4 EPS $0.4

Q4 Net $5.20

Income mln

Q4 Beat $15.10 $11.20

Adjusted mln mln (6

EBITDA Analysts

)

Q4 Gross 34.2%

Margin

Q4 $8.90

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the communications & networking peer group is "buy"

* Wall Street's median 12-month price target for Aviat Networks Inc ( AVNW ) is $33.00, about 32.2% above its September 9 closing price of $22.39

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)