Aviat Networks reports Q1 non-GAAP EPS 87c, consensus 77c

Reports Q1 revenue $87.6M, consensus $87.61M. “This was another successful quarter of revenue growth and expanding profitability in the business” said Pete Smith, CEO. “In Q1 of FY24, we had a record bookings quarter in our North American private networks business. Our strong results are a testament to the Aviat Operating Model. We’ve been able to continue to grow the top and bottom lines because of the team’s focus on disciplined execution and continuous improvement. The Aviat Operating Model will remain a critical framework for us achieving our short and long-term goals.”