Earnings ·
Aviat Networks reports Q1 revenues of $102.0M and updates full-year outlook to $450-$475M
AVNWAviat Networks, Inc.
Aviat Networks reported fiscal 2027 first-quarter total revenues of $102.0 million, a 5% decline from the prior year period, driven by timing shifts in private and mobile network projects. The company posted a GAAP net loss of $2.8 million ($0.22 per diluted share), while non-GAAP results showed net income of $1.5 million ($0.12 per share) and adjusted EBITDA of $6.0 million. Bookings reached record levels with over $150 million, up 75% year-over-year, yielding a book-to-bill ratio exceeding 1.5. Management updated its full-year fiscal 2027 revenue guidance to between $450 and $475 million and adjusted EBITDA guidance to between $50.0 and $55.0 million. Aviat Networks operates in the wireless transport and access solutions industry, providing microwave products and services to communications service providers and private network operators.