Aviat Networks, Inc. designs, manufactures, and sells a range of wireless networking products, solutions, and services in North America, Africa, the Middle East, Europe, Russia, Latin America, and the Asia Pacific. Its products include broadband wireless access base stations and customer premises equipment for fixed and mobile networks; and point-to-point digital microwave radio systems for access, backhaul, trunking, and license-exempt applications, as well as supporting new network deployments, network expansion, and capacity upgrades. The company also offers software tools and applications to enable deployment, monitoring, network management, and optimization of its systems, as well as to automate network design and procurement; and sources, supplies, and supports third party equipment, such as antennas, routers, optical transmission equipment, and other equipment to build and deploy telecommunications transmission network. In addition, it provides a suite of professional services, including planning, deployment, operation, optimization, and maintenance of customers' networks. The company serves mobile and fixed telecommunications network operators, and broadband and internet service providers and network operators; federal, state, and local government agencies; and transportation, energy, and utility companies, as well as public safety agencies and broadcast network operators. It markets its products through a direct sales, service, and support organization, as well as through original equipment manufacturers and system integrators; indirectly through dealers, resellers, and sales representatives; and through online. The company was formerly known as Harris Stratex Networks, Inc. and changed its name to Aviat Networks, Inc. in January 2010. Aviat Networks, Inc. was incorporated in 2006 and is headquartered in Austin, Texas.
IPO Year:
Exchange: NASDAQ
Website: aviatnetworks.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/6/2023 | $51.00 | Buy | Lake Street |
9/1/2022 | $50.00 | Mkt Outperform | JMP Securities |
8/26/2021 | $49.00 → $51.00 | Buy | Roth Capital |
8/24/2021 | $49.00 | Buy | ROTH Capital |
7/22/2021 | $50.00 | Buy | B. Riley Securities |
SCHEDULE 13G - AVIAT NETWORKS, INC. (0001377789) (Subject)
10-Q - AVIAT NETWORKS, INC. (0001377789) (Filer)
8-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
8-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
8-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
10-Q - AVIAT NETWORKS, INC. (0001377789) (Filer)
8-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
8-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
10-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
8-K - AVIAT NETWORKS, INC. (0001377789) (Filer)
Total Revenue of $118.2 million; Up 26.2% Year-Over-Year Operating Income of $8.0 million; Non-GAAP Operating income of $12.6 million Adjusted EBITDA of $14.8 million Non-GAAP Diluted Earnings per Share of $0.82 AUSTIN, Texas, Feb. 4, 2025 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 second quarter ended December 27, 2024. Second Quarter Highlights Completed 18th consecutive quarter of trailing twelve month re
AUSTIN, Texas, Jan. 30, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its second quarter fiscal 2025 financial results for the period ended December 27, 2024, on February 4, 2025, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief
Total Revenue of $88.4 million; Up 1.7% Year-Over-Year Adjusted EBITDA of $(7.7) million Non-GAAP Diluted Earnings per Share of $(0.87) AUSTIN, Texas, Nov. 5, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 first quarter ended September 27, 2024. First Quarter Highlights Continued to gain share of demand in North America based on FCC filing dataClosed acquisition of 4RF and secured first order for new Aprisa
AUSTIN, Texas, Nov. 1, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its first quarter fiscal 2025 financial results for the period ended September 27, 2024, on November 5, 2024, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 4:30 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief
AUSTIN, Texas, Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will host an earnings conference call and webcast to discuss its financial and operational results on October 7, 2024, beginning at 8:30 a.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief Financial Officer. Interested parties may access the conference call live via the webcast through Aviat Network's Investor Relations website at https://inve
Fourth Quarter Total Revenue of $116.7 million; Up 28.1% Year-Over-Year Fourth Quarter Adjusted EBITDA of $11.9 million Cash from Operations of $8.3 million in fourth quarter, $30.5 million for full year AUSTIN, Texas, Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2024 fourth quarter and twelve months ended June 28, 2024. Fourth Quarter Highlights Pasolink acquisition accretive to Adjusted EBITDA and no
AUSTIN, Texas, July 2, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat") (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today announced the acquisition of 4RF Limited ("4RF"), a leading provider of industrial wireless access solutions, including narrowband point-to-point/multi-point radios and Private LTE and 5G routers. Designed specifically for critical infrastructure networks including utilities, oil and gas, mining, public safety and military, 4RF's family of narrowband radios and LTE and 5G routers offer industry leading reliability and pe
Total Revenue of $111.6 million; Up 33.7% Year-Over-Year Adjusted EBITDA of $12.0 million; Up 11.1% Year-Over-Year Cash from Operations of $15.3 million in current quarter, $22.2 million year-to-date AUSTIN, Texas, May 1, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2024 third quarter ended March 29, 2024. Third Quarter Highlights Grew core Aviat revenue by 7%, driven by strong international sales and private
AUSTIN, Texas, April 24, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its third quarter fiscal 2024 financial results for the period ended March 29, 2024, on May 1, 2024, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and David Gray, Chief Financial Of
Total Revenue of $95.0 million; Up 4.8% Year-Over-Year Gross Margin of 38.8%; Up 330 basis points Year-Over-Year Operating Income of $5.0 million; Non-GAAP Operating Income of $12.6 million Adjusted EBITDA of $13.7 million; Up 6.5% Year-Over-Year AUSTIN, Texas, Feb. 6, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2024 second quarter ended December 29, 2023. Second Quarter Highlights Continued year-over-year growth in qua
Lake Street initiated coverage of Aviat Networks with a rating of Buy and set a new price target of $51.00
JMP Securities initiated coverage of Aviat Networks with a rating of Mkt Outperform and set a new price target of $50.00
Roth Capital reiterated coverage of Aviat Networks with a rating of Buy and set a new price target of $51.00 from $49.00 previously
ROTH Capital initiated coverage of Aviat Networks with a rating of Buy and set a new price target of $49.00
B. Riley Securities initiated coverage of Aviat Networks with a rating of Buy and set a new price target of $50.00
Northland Securities reiterated coverage of Aviat Networks with a rating of Outperform and set a new price target of $57.00 from $40.00 previously
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4 - AVIAT NETWORKS, INC. (0001377789) (Issuer)
4 - AVIAT NETWORKS, INC. (0001377789) (Issuer)
4 - AVIAT NETWORKS, INC. (0001377789) (Issuer)
4 - AVIAT NETWORKS, INC. (0001377789) (Issuer)
4 - AVIAT NETWORKS, INC. (0001377789) (Issuer)
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Total Revenue of $118.2 million; Up 26.2% Year-Over-Year Operating Income of $8.0 million; Non-GAAP Operating income of $12.6 million Adjusted EBITDA of $14.8 million Non-GAAP Diluted Earnings per Share of $0.82 AUSTIN, Texas, Feb. 4, 2025 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 second quarter ended December 27, 2024. Second Quarter Highlights Completed 18th consecutive quarter of trailing twelve month re
Brings extensive experience from serving on and advising Boards, with a strong background in Financial Audit and Governance AUSTIN, Texas, Feb. 3, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the expert in wireless transport and access solutions, today announced that Scott Halliday was appointed to the Company's Board of Directors effective January 31, 2025. Halliday, who is independent, will also serve on the Audit Committee. Halliday brings 38 years of experience with EY (formerly Ernst & Young) in senior and board-level positions, including Chairman of EY's Unit
AUSTIN, Texas, Jan. 30, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its second quarter fiscal 2025 financial results for the period ended December 27, 2024, on February 4, 2025, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief
Introduces Secure Software Development Lifecycle (SSDLC) and Software Vulnerability Alerts (SVA) that meet latest security requirements and offer peace of mind to operators of mission critical networks AUSTIN, Texas, Jan. 23, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the expert in wireless transport and access solutions, today announced that it has enhanced its Secure Software Development Lifecycle (SSDLC) process and Software Vulnerability Alert (SVA) service designed to strengthen Aviat's software and firmware development process to comply with latest cybersecurity requirements. With the increasing number of vulnerabilities, threats and attacks, SSDLC and SVA are now seen as
AUSTIN, Texas, Jan. 9, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today announced that it will participate in the following upcoming investor conferences. 27th Annual Needham Growth Conference to be held virtually on January 16, 202510th Annual Oppenheimer Emerging Growth Conference to be held virtually on February 26, 202537th Annual Roth Conference to be held in Dana Point, CA from March 16, 2025 to March 18, 2025Investors interested in scheduling a meeting with the company should contact their repr
AUSTIN, Texas, Nov. 8, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today announced that it will participate in the following upcoming investor conferences. 18th Annual Needham Virtual Security, Networking, and Communications Conference to be held virtually on November 19, 202413th Annual Roth Technology Conference to be held in New York, NY on November 20, 2024Investors interested in scheduling a meeting with the company should contact their representative at the respective institutions. All presentati
Total Revenue of $88.4 million; Up 1.7% Year-Over-Year Adjusted EBITDA of $(7.7) million Non-GAAP Diluted Earnings per Share of $(0.87) AUSTIN, Texas, Nov. 5, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 first quarter ended September 27, 2024. First Quarter Highlights Continued to gain share of demand in North America based on FCC filing dataClosed acquisition of 4RF and secured first order for new Aprisa
AUSTIN, Texas, Nov. 1, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its first quarter fiscal 2025 financial results for the period ended September 27, 2024, on November 5, 2024, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 4:30 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief
AUSTIN, Texas, Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, announced today that it will host an earnings conference call and webcast to discuss its financial and operational results on October 7, 2024, beginning at 8:30 a.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief Financial Officer. Interested parties may access the conference call live via the webcast through Aviat Network's Investor Relations website at https://inve
Fourth Quarter Total Revenue of $116.7 million; Up 28.1% Year-Over-Year Fourth Quarter Adjusted EBITDA of $11.9 million Cash from Operations of $8.3 million in fourth quarter, $30.5 million for full year AUSTIN, Texas, Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (NASDAQ:AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2024 fourth quarter and twelve months ended June 28, 2024. Fourth Quarter Highlights Pasolink acquisition accretive to Adjusted EBITDA and no
Brings extensive experience from serving on and advising Boards, with a strong background in Financial Audit and Governance AUSTIN, Texas, Feb. 3, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the expert in wireless transport and access solutions, today announced that Scott Halliday was appointed to the Company's Board of Directors effective January 31, 2025. Halliday, who is independent, will also serve on the Audit Committee. Halliday brings 38 years of experience with EY (formerly Ernst & Young) in senior and board-level positions, including Chairman of EY's Unit
AUSTIN, Texas, May 28, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, is announcing the appointment of Michael C. Connaway as Senior Vice President and Chief Financial Officer. Mr. Connaway's employment with the Company is effective as of today, and he will serve as the Company's Principal Financial Officer. "We are thrilled to welcome Michael to the Aviat team. Given his tremendous track record across multiple industries, end markets, and operating environments and his past success leading profit and lo
Revised IOI Continues to Significantly Undervalue Ceragon and Remains Highly Conditional Ceragon Urges its Shareholders to Protect Their Investment by Voting the WHITE Proxy Card AGAINST Aviat's Attempt to Take Control of the Board ROSH HA'AIN, Israel, Aug. 8, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT) (the "Company", "Ceragon", "we", "us", or "our") today issued the following letter to shareholders concerning the response of Ceragon's Board of Directors (the "Board") to the revised unsolicited, highly conditional, non-binding indication of interest from Aviat Networks, Inc. (NASDAQ:AVNW), a competitor of Ceragon. The letter to shareholders and other supplemental information wi
AUSTIN, Texas, March 14, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, is today announcing the appointment of Bruce Taten to its board of directors. Mr. Taten served as Senior Vice President and General Counsel and Chief Compliance Officer for Cooper Industries plc from 2008 until its merger with Eaton Corporation in November 2012. Previously, Mr. Taten was Vice President and General Counsel at Nabors Industries from 2003 to 2008 and earlier practiced law with Simpson Thacher & Bartlett LLP and Sutherland Asbill & Brennan LLP. Before attending law school, he practiced as a CPA with Peat Marwick Mitchell & Co. (now KPMG) in New Y
Jack Nathan Medical Corp. (TSXV:JNH) (OTCQB:JNHMF) ("Jack Nathan Health" "JNH" or the "Company") announced today that Michael A. Pangia, a seasoned industry veteran with over 25 years of executive leadership experience in the financial and technology sector, has been retained by the Company to serve as a strategic advisor. In this role, Mr. Pangia will provide executive oversight on various strategic initiatives while working closely with Mike Marchelletta, Co-Founder and Interim Chief Executive Officer, and the Jack Nathan Health leadership team. His primary focus will be to support the Company as it continues to expand its business. Given Jack Nathan Health's anticipated growth, Mr. Pang
AUSTIN, Texas, May 17, 2021 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW), the leading expert in wireless transport solutions, announced the appointment of Michele Klein to its board of directors. Ms. Klein is a public company director and accomplished executive with experience leading corporate growth and M&A initiatives. Her extensive background and perspective in systems, software, and the energy sector align well with Aviat's worldwide private network business and will help guide Aviat's strategy in these areas. Ms. Klein is also an accomplished investment strategist, having served as a senior director of Applied Ventures, the venture capital arm of Applied Materials, Inc., where sh
TORONTO, April 13, 2021 /CNW/ - Westmount Park Investments Inc ("Westmount Park"), is pleased to announce the appointment of Michael Pangia, as President and COO. In this newly created role, Mr. Pangia will lead all operational aspects of the organization and its growing number of affiliates, subsidiaries, and portfolio companies. Mr. Pangia will also oversee the company's financing initiatives including management of relationships with investment banks and other capital advisors. Mr. Pangia has over 25 years of senior management experience, with a demonstrated track record o
TORONTO, April 13, 2021 /PRNewswire/ - Westmount Park Investments Inc ("Westmount Park"), is pleased to announce the appointment of Michael Pangia, as President and COO. In this newly created role, Mr. Pangia will lead all operational aspects of the organization and its growing number of affiliates, subsidiaries, and portfolio companies. Mr. Pangia will also oversee the company's financing initiatives including management of relationships with investment banks and other capital advisors. Mr. Pangia has over 25 years of senior management experience, with a demonstrated track r
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