Feb. 3 at 10:23 PM
$AVNW Second Quarter Highlights:
Achieved highest level of second quarter bookings in over a decade
Generated cash from operating activities in the second quarter of
$23.9 million
Realized total quarterly revenues of
$111.5 million and fiscal 2026 year-to-date revenues of
$218.8 million, up 5.9% versus the first half of fiscal 2025
Grew GAAP net income by
$1.2 million or 27.2% compared to the year-ago quarter and increased GAAP net income by
$13.3 million in the first half of fiscal 2026 compared to the first half of fiscal 2025
Expanded Adjusted EBITDA by
$13.2 million in the first half of fiscal 2026 compared to the first half of fiscal 2025, driven by improved gross margins and ongoing operating expense management
Secured initial purchase order from U.S. tier one operator for Aviat's multi-dwelling unit solution providing multi-gigabit 5G-based services over high-capacity millimeter-wave spectrum
