In its recent announcement on Friday, Aviat Networks Inc. (AVNW) disclosed its financial guidance for the fiscal year 2025, coinciding with the release of its fourth-quarter earnings.
For the full fiscal year, the company has projected its revenue to fall within the range of $450 million to $490 million. In comparison, projections by analysts, as aggregated by Thomson Reuters, anticipate revenue to be approximately $484.16 million.
Moreover, the company, headquartered in Texas, forecasts its adjusted EBITDA to be between $46.0 million and $52.0 million for fiscal year 2025.
Fourth Quarter Financial Performance:
Aviat Networks reported a net income of $1.5 million, translating to earnings of $0.12 per share. This is a decline from the previous year's fourth-quarter earnings of $3.8 million, or $0.32 per share.
After adjusting for special items, the company recorded earnings of $9.2 million, or $0.72 per share, for this period. This performance exceeded analysts' expectations of $0.69 per share, as estimated by Thomson Reuters. These estimates typically do not consider special items.
The company's revenue for the quarter increased by 28.1%, reaching $116.7 million compared to $91.1 million recorded in the same period last year.
Aviat Networks Inc. Performance Summary (GAAP):
- Fourth Quarter Earnings: $1.5 million, compared to $3.8 million the previous year
- Earnings Per Share (EPS) for Q4: $0.12, compared to $0.32 the previous year
- Revenue for Q4: $116.7 million, compared to $91.1 million in the prior year.
