Aviat Networks Reports Q4 Earnings and Guidance for 2025

Aviat Networks Inc. has released its fourth-quarter earnings and guidance for fiscal year 2025, showcasing revenue growth despite a decline in earnings per share compared to the previous year, according to a recent report.

Date: 05-10-2024

AI Rating: 5

Aviat Networks Inc. (AVNW) reported its fourth-quarter earnings alongside guidance for the fiscal year 2025, offering valuable insights for investors.

In the fourth quarter, the company achieved earnings of $1.5 million, translating to an earnings per share (EPS) of $0.12. This marks a decrease from $3.8 million or $0.32 per share in the same quarter of the prior year. The significant decline in earnings is a negative signal and can affect investor sentiment.

However, excluding special items, adjusted earnings reached $9.2 million, equating to an adjusted EPS of $0.72, which slightly exceeded analysts' expectations of $0.69 per share. This slight outperformance on the adjusted EPS can be viewed positively.

On the revenue front, Aviat Networks reported impressive growth, with Q4 revenue climbing by 28.1% to $116.7 million compared to $91.1 million a year ago. This significant increase in revenue indicates strong operational performance and could positively influence stock prices.

Looking ahead, the company has provided guidance for 2025, estimating revenue between $450 million and $490 million, slightly below analyst expectations of $484.16 million. This cautious outlook could potentially instigate a neutral to negative market reaction.

The adjusted EBITDA guidance for 2025 is set at $46.0 million to $52.0 million, providing additional insight into the company’s expected profitability. Overall, while earnings have declined, the revenue growth and adjusted earnings performance are encouraging aspects for investor consideration.

Stocks: AVNW