Aviat Networks ( (AVNW) ) has released its Q2 earnings. Here is a breakdown of the information Aviat Networks presented to its investors.
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Aviat Networks, Inc., headquartered in Austin, Texas, is a leading provider of wireless transport and access solutions, offering dependable products and services to communications service providers and private network operators globally.
Aviat Networks reported impressive financial results for its fiscal 2025 second quarter, with total revenues reaching $118.2 million, marking a 26.2% increase from the previous year. The company also achieved record quarterly adjusted EBITDA, supported by strong sales and effective cost management.
Key financial highlights include GAAP operating income of $8.0 million, a notable increase from the prior year’s $3.4 million, and non-GAAP operating income of $12.6 million. International revenue surged by 39.8% due to the Pasolink acquisition, contributing significantly to the overall revenue growth. Despite these gains, gross margins experienced a slight decline, attributed to product mix changes.
The company successfully reduced its net debt by $10 million and repurchased 34,600 shares, showcasing its commitment to financial health and shareholder value. Looking forward, Aviat Networks maintains its fiscal 2025 full-year guidance, anticipating revenues between $430 and $470 million and adjusted EBITDA between $30.0 and $40.0 million.
Aviat Networks’ strategic focus on expanding its product offerings and optimizing operational efficiencies presents a positive outlook for sustained growth in the wireless transport and access solutions market.
