Aviat Networks ( (AVNW) ) has released its Q3 earnings. Here is a breakdown of the information Aviat Networks presented to its investors.
Aviat Networks, Inc. is a leading provider of wireless transport and access solutions, serving a global clientele with innovative microwave communication systems and support services, headquartered in Austin, Texas.
In its fiscal 2025 third quarter, Aviat Networks reported a slight revenue increase to $112.6 million, marking the 19th consecutive quarter of growth. The company also saw a significant rise in GAAP operating income and set a record for quarterly Adjusted EBITDA.
Key financial highlights include a 1.6% year-over-year revenue growth, driven by strong performance in North America, while international revenues saw a decline. The company achieved a GAAP operating income of $9.3 million, a 64% increase from the previous year, and a non-GAAP net income of $11.3 million. Aviat also reported a robust cash position with $49.4 million in cash and cash equivalents.
Despite challenges in international markets, Aviat’s strategic focus on private network projects in North America and the introduction of new software solutions like ProVision Plus are expected to drive future growth. The company maintains its full-year guidance, anticipating revenues between $430 and $470 million and Adjusted EBITDA between $30.0 and $40.0 million.
Looking ahead, Aviat Networks remains committed to leveraging its expertise in wireless solutions to capture emerging opportunities, while navigating the complexities of global market conditions and maintaining a strong financial footing.