Quarterly ResultMay 4, 2026, 04:15 PM
Aviat Networks Q3 Revenue $100M; GAAP Net Loss $2.1M, EPS $(0.16)
AI Summary
Aviat Networks reported fiscal 2026 third-quarter revenues of $100.0 million, an 11.2% decrease year-over-year, primarily due to project timing and international conflict. The company recorded a GAAP net loss of $2.1 million, or $(0.16) per diluted share, compared to net income in the prior year. Non-GAAP net income was $0.7 million, or $0.06 per share. For the nine months ended March 27, 2026, GAAP operating income significantly increased to $13.4 million from $1.7 million in the comparable period. The company updated its fiscal 2026 full-year guidance for revenue to $428-$440 million and Adjusted EBITDA to $35.0-$40.0 million.
Key Highlights
- Q3 2026 Total Revenues: $100.0 million, down 11.2% YoY.
- Q3 2026 GAAP Net Loss: $2.1 million, or $(0.16) per diluted share.
- Q3 2026 Non-GAAP Net Income: $0.7 million, or $0.06 per diluted share.
- Q3 2026 Adjusted EBITDA: $4.4 million, down from $14.9 million YoY.
- North America Q3 revenue: $46.2 million, decreased 6.6% YoY.
- International Q3 revenue: $53.8 million, decreased 14.9% YoY.
- YTD GAAP Operating Income: $13.4 million, up from $1.7 million YoY.
- Full-year 2026 Revenue guidance: $428-$440 million.