Aviat Networks (AVNW) Reports Q4 EPS of $0.51

August 28, 2018 4:12 PM

Aviat Networks (NASDAQ: AVNW) reported Q4 EPS of $0.51, versus $0.00 reported last year. Revenue for the quarter came in at $62.5 million.

Commenting on the Company's fiscal 2018 fourth quarter results and business activity, Michael Pangia, President and Chief Executive Officer of Aviat Networks stated, "We had a strong fiscal fourth quarter as we delivered non-GAAP operating income of $3.0 million and Adjusted EBITDA of $4.4 million, significant increases over fiscal 2017, marking one of our stronger quarters over the past several years. What drove bottom-line performance was exceptionally strong gross margins both year-over-year and sequentially. We enter fiscal 2019 expecting growth and improved profitability. Further, our solution set and competitive position is among the best in our Company's history."


Aviat Networks sees FY2019 revenue of $255-265 million, versus the consensus of $0 million.

For earnings history and earnings-related data on Aviat Networks (AVNW) click here.


Earnings Guidance Management Comments

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