Aviat Networks reports Q3 non-GAAP EPS 73c, consensus 51c

Reports Q3 revenue $111.6M, consensus $113.44M. “This quarter Aviat achieved continued organic revenue and profitability growth,” said CEO Pete Smith. “We focused on our customers’ needs and maintained discipline on our costs. The company continues to integrate the recently acquired Pasolink business. We are currently ahead of plan from a profitability and cash flow standpoint and are set to exceed our planned internal rate of return for the acquisition.”