Aviat Networks reports Q2 non-GAPP EPS 97c, consensus 87c

Reports Q2 revenue $95.0M, consensus $91.47M. “This quarter was significant for Aviat Networks in many ways. We executed on revenue and gross margin growth and reached a record adjusted EBITDA margin. Aviat also closed its transformational acquisition of the NEC Wireless business, which we now refer to as ‘Pasolink'” said Pete Smith, President and CEO of Aviat Networks. Smith continued, “Integration of Pasolink is ahead of our plan. We have introduced the Aviat Operating Model to the business to improve the customer experience and achieve a stronger and more profitable business for Aviat. We look forward to proving the value of the Aviat Operating Model in the Pasolink business in the quarters ahead.”