AVIAT NETWORKS INC

For the period ended Dec 27, 2024. Filed Feb 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 27, 2024 · Filed Feb 4, 2025

AVNW$17.66+4.1%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended		Six Months Ended
(In thousands, except per share amounts)	December 27,2024	December 29,2023	December 27,2024	December 29,2023
Revenues:
Product sales	$82,312	$65,021	$143,428	$124,566
Services	35,885	28,671	63,198	56,035
Total revenues	118,197	93,692	206,626	180,601
Cost of revenues:
Product sales	54,969	36,893	107,170	73,206
Services	22,342	20,472	38,782	39,873
Total cost of revenues	77,311	57,365	145,952	113,079
Gross margin	40,886	36,327	60,674	67,522
Operating expenses:
Research and development	10,222	8,394	20,630	14,818
Selling and administrative	21,279	22,544	46,227	41,781
Restructuring charges	1,415	2,000	1,415	2,644
Total operating expenses	32,916	32,938	68,272	59,243
Operating income (loss)	7,970	3,389	(7,598)	8,279
Interest expense, net	1,580	394	2,695	493
Other expense (income), net	269	(637)	979	165
Income (loss) before income taxes	6,121	3,632	(11,272)	7,621
Provision for (benefit from) income taxes	1,626	1,848	(3,888)	2,280
Net income (loss)	$4,495	$1,784	$(7,384)	$5,341
Net income (loss) per share of common stock outstanding:
Basic	$0.35	$0.15	$(0.58)	$0.45
Diluted	$0.35	$0.15	$(0.58)	$0.44
Weighted-average shares outstanding:
Basic	12,689	12,001	12,667	11,788
Diluted	12,784	12,229	12,667	12,093

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.