Aviat Networks Announces Fiscal 2021 Third Quarter and Nine Month Financial Results
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Aviat Networks (AVNW) Tops Q3 EPS by 22c, Revenues Beat
May 5, 2021 4:04 PM EDTAviat Networks (NASDAQ: AVNW) reported Q3 EPS of $0.49, $0.22 better than the analyst estimate of $0.27. Revenue for the quarter came in at $66.4 million versus the consensus estimate of $63 million.
Third Quarter Financial Highlights
Total Revenues: $66.4 million, +8.2% from same quarter last yearNorth America: $42.0 million, +12.8% from same quarter last yearInternational: $24.4 million, +1.1% from same quarter last year GAAP Results: Gross Margin 38.5%; Operating Expenses $21.5 million; Operating Income $4.0 million, Net Income $94.7 million; Net Income per diluted share ("Net Income per share") $8.00... More