Aviat Networks Inc

Aviat Networks Inc

AVNW · NASDAQ · Technology / Communication Equipment

17.35USD+0.45 (+2.66%)

Price History

Full chart

Market Stats

Previous Close16.90
Open16.88
Day Range16.16 – 17.48
52-Week Range13.92 – 27.02
Volume203.80K
Market Cap255.39M
P/E (TTM)105.00
Forward P/E8.01
EPS0.19
Dividend Yield0.00%
Beta0.70
50-Day Avg20.54
200-Day Avg21.36

About

Aviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company provides outdoor, indoor, and split-mount radios; microwave routers, and trunking; private LTE/5G, access and network management products; narrow band multi-point radios, designed, and optimised for SCADA and telemetry applications; and hosted software products, such as aviat design, frequency assurance, aviatcloud, and health assurance software. It also offers project services, which include design and engineering, site and path surveys, assembly and integration, project management, and install and commission; and managed services, such as network and interference monitoring, network health, onsite maintenance, and remote upgrades. The company serves communications service providers and private network operators, including transportation agencies, energy and utility companies, public safety agencies, and broadcast network operators, as well as federal, state, and local government agencies. It markets its products through a direct sales, service, and support organization; and indirect sales channels comprising dealers, resellers, and sales representatives, as well as online. The company was incorporated in 2006 and is headquartered in Austin, Texas.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEOMr. Peter A. Smith Ph.D.
  • Employees898
  • Headquarters200C Parker Drive, Austin, TX, United States, 78728, USA
  • Websitehttps://www.aviatnetworks.com

Leadership

  • Mr. Peter A. Smith Ph.D.President, CEO & Director · b. 1966
  • Ms. Erin R. Boase J.D.General Counsel & VP of Legal Affairs · b. 1980
  • Mr. Gary G. CrokeSenior Vice President of Product & Innovation · b. 1973
  • Mr. Andrew C. SchmidtCFO, SVP & Principal Accounting Officer · b. 1961
  • Mr. Alex KhalilVice President of Global Operations & Supply Chain
  • Mr. Andrew FredricksonVice President of Corporate Finance · b. 1990
  • Ms. Spencer StoakleyChief Human Resources Officer
  • Mr. Scott St. JohnSenior VP of Americas Sales & Services · b. 1969

Financials

Income Statement

Currency: USD1995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue153.65M150.42M178.34M310.49M236.50M300.50M417.66M228.84M197.70M157.35M180.30M230.89M507.90M718.40M679.90M478.90M452.10M444.00M471.30M346.50M335.90M268.69M241.87M242.51M243.86M238.64M302.96M302.96M344.43M408.08M434.61M439.68M
Growth (%)--2.10%+18.56%+74.10%-23.83%+27.06%+38.99%-45.21%-13.61%-20.41%+14.59%+28.06%+119.97%+41.45%-5.36%-29.56%-5.60%-1.79%+6.15%-26.48%-3.06%-20.01%-9.98%+0.26%+0.56%-2.14%+26.95%0.00%+13.69%+18.48%+6.50%+1.17%
Cost of Revenue114.76M119.92M118.78M197.05M185.49M209.65M288.87M184.53M149.16M129.69M151.40M167.30M352.20M528.20M505.50M345.50M324.00M312.30M331.20M260.90M255.20M206.97M166.40M162.00M164.59M153.95M193.72M193.72M222.05M263.35M295.17M301.39M
Gross Profit38.89M30.50M59.57M113.44M51.01M90.85M128.80M44.32M48.54M27.66M28.90M63.59M155.70M190.20M174.40M133.40M128.10M131.70M140.10M85.60M80.70M61.72M75.47M80.50M79.27M84.70M109.23M109.23M122.38M144.73M139.44M138.29M
Gross Margin25.31%20.28%33.40%36.54%21.57%30.23%30.84%19.37%24.55%17.58%16.03%27.54%30.66%26.48%25.65%27.86%28.33%29.66%29.73%24.70%24.03%22.97%31.20%33.20%32.51%35.49%36.06%36.06%35.53%35.47%32.08%31.45%
Operating Expense36.14M38.52M45.67M93.71M147.15M76.33M124.09M204.34M99.43M56.72M65.20M61.27M159.10M197.90M184.30M187.70M145.10M136.70M134.10M136.24M106.70M89.16M76.46M79.19M77.90M81.32M80.49M80.49M147.00M164.13M150.01M118.71M
Operating Income2.75M-8.02M13.90M19.73M-96.15M14.53M4.71M-160.03M-50.89M-29.06M-36.30M2.32M-3.40M-7.70M-9.90M-54.30M-17.00M-5.00M6.00M-50.64M-26.00M-27.45M-985.00K1.32M1.37M3.38M28.75M28.75M-24.62M-19.40M-10.57M19.58M
Operating Margin1.79%-5.33%7.79%6.35%-40.65%4.83%1.13%-69.93%-25.74%-18.47%-20.13%1.01%-0.67%-1.07%-1.46%-11.34%-3.76%-1.13%1.27%-14.62%-7.74%-10.21%-0.41%0.54%0.56%1.42%9.49%9.49%-7.15%-4.75%-2.43%4.45%
EBITDA9.10M-1.69M19.69M38.99M-32.50M31.12M37.94M-17.42M208.52M-20.09M-22.26M9.74M14.70M22.40M-296.30M-93.30M-30.40M-5.50M9.80M-42.70M-18.00M-21.79M5.29M7.79M6.12M11.81M33.45M33.45M28.02M24.24M17.68M27.02M
EBITDA Margin5.93%-1.12%11.04%12.56%-13.74%10.36%9.08%-7.61%105.47%-12.76%-12.34%4.22%2.89%3.12%-43.58%-19.48%-6.72%-1.24%2.08%-12.32%-5.36%-8.11%2.19%3.21%2.51%4.95%11.04%11.04%8.14%5.94%4.07%6.14%
Net Income1.98M-5.96M11.71M18.82M-96.73M12.14M-7.00M-168.87M-51.55M-37.07M-45.95M-2.30M-21.80M-11.90M-355.00M-130.20M-90.50M-24.10M-15.00M-51.10M-24.70M-29.91M-823.00K1.84M9.74M257.00K21.16M21.16M10.17M10.76M1.34M2.54M
Net Income Margin1.29%-3.96%6.56%6.06%-40.90%4.04%-1.67%-73.79%-26.08%-23.56%-25.48%-0.99%-4.29%-1.66%-52.21%-27.19%-20.02%-5.43%-3.18%-14.75%-7.35%-11.13%-0.34%0.76%3.99%0.11%6.98%6.98%2.95%2.64%0.31%0.58%
R&D11.38M11.11M10.60M19.88M24.13M24.37M24.01M18.53M14.39M17.15M16.66M14.47M39.40M46.10M40.40M41.10M40.50M36.00M39.40M35.50M25.40M20.81M18.68M19.75M21.11M19.28M22.60M22.60M24.91M36.43M35.77M28.40M
R&D as % of Total Revenue7.41%7.38%5.94%6.40%10.20%8.11%5.75%8.10%7.28%10.90%9.24%6.27%7.76%6.42%5.94%8.58%8.96%8.11%8.36%10.25%7.56%7.74%7.72%8.14%8.66%8.08%7.46%7.46%7.23%8.93%8.23%6.46%
Interest Expense00000000001.66M1.00M2.30M2.60M2.80M2.20M2.20M1.30M800.00K389.00K388.00K104.00K50.00K29.00K102.00K54.00K3.11M5.68M532.00K2.34M6.06M7.68M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.92%0.43%0.45%0.36%0.41%0.46%0.49%0.29%0.17%0.11%0.12%0.04%0.02%0.01%0.04%0.02%1.03%1.87%0.15%0.57%1.39%1.75%

Balance Sheet

Currency: USD1995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets102.58M95.80M170.21M297.20M202.16M337.44M326.78M214.12M184.78M163.24M160.63M180.83M1.03B977.30M600.20M447.00M383.90M329.60M305.80M253.20M224.72M166.11M152.58M156.06M169.19M179.80M323.90M323.90M363.14M535.22M633.30M598.96M
Total Liabilities67.97M46.06M52.68M70.60M70.95M73.05M66.92M46.66M71.98M82.06M100.61M118.49M279.10M229.10M212.30M183.80M206.20M172.10M155.90M141.30M140.91M112.65M98.24M98.55M97.68M111.12M122.15M122.15M144.40M279.34M370.11M331.57M
Total Equity34.61M49.73M117.53M226.60M131.21M264.39M259.86M167.46M112.80M81.18M60.02M62.34M746.40M748.20M387.90M263.20M177.70M157.50M149.90M111.90M83.74M53.12M53.80M57.52M71.52M68.68M201.75M201.75M218.74M255.88M263.18M267.39M
Cash1.92M8.30M40.37M27.59M21.52M58.34M25.96M35.89M34.04M21.63M32.86M44.41M69.20M95.00M136.80M141.70M98.20M96.00M90.00M48.80M34.73M30.48M35.66M37.42M31.95M41.62M36.88M36.88M22.24M64.62M59.69M72.84M
Total Debt16.65M8.30M2.85M2.52M3.82M167.00K----19.79M33.54M43.80M12.70M11.80M5.00M6.00M12.90M8.80M6.00M9.00M9.00M9.00M9.00M9.00M12.75M2.92M2.92M2.75M52.18M90.92M99.18M
Net Debt14.73M4.00K-37.51M-25.07M-17.70M-58.17M-25.96M-35.89M-34.04M-21.63M-13.07M-10.87M-25.40M-82.30M-125.00M-136.70M-92.20M-83.10M-81.20M-42.80M-25.73M-21.48M-26.66M-28.43M-22.95M-28.87M-33.95M-33.95M-19.49M-12.44M31.23M26.34M

Cash Flow

Currency: USD1995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow-17.24M8.22M9.28M-1.60M-10.73M5.89M-57.96M-20.18M4.91M-27.44M-35.63M-3.13M-13.10M40.00M71.30M28.30M-41.50M8.40M8.40M-28.30M-9.00M-126.00K9.40M8.21M2.94M17.49M17.30M2.79M-1.64M30.54M5.72M13.56M
Investing Cash Flow-8.11M-4.53M-26.46M-35.41M3.56M-88.96M15.56M-44.91M-8.17M14.72M5.01M-964.00K14.30M-2.10M-23.10M-19.30M-4.20M-7.40M-10.50M-9.40M-3.70M-1.80M-4.04M-6.30M-5.25M-4.61M-2.85M-7.79M-11.95M-35.22M-28.53M-7.33M
Financing Cash Flow23.95M2.56M48.58M23.28M3.45M118.63M9.59M73.67M1.06M1.39M43.80M16.25M57.30M-13.40M-1.10M-5.30M1.20M-1.30M-3.90M-2.80M2.90M13.00K21.00K12.00K-2.95M-2.54M-8.05M-4.87M-681.00K48.70M18.68M6.34M
Capital Expenditure8.11M4.53M8.51M22.58M24.71M23.93M25.10M7.67M1.82M31.60M7.43M10.60M11.20M19.50M21.60M20.80M8.00M5.90M10.40M9.40M3.70M1.57M4.02M6.56M5.25M4.61M2.85M1.79M5.33M2.67M12.97M7.47M
Free Cash Flow-25.35M3.69M769.00K-24.18M-35.45M-18.03M-83.06M-27.85M3.09M-59.04M-43.07M-13.72M-24.30M20.50M49.70M7.50M-49.50M2.50M-2.00M-37.70M-12.70M-1.70M5.38M1.65M-2.30M12.88M14.45M997.00K-6.98M27.86M-7.25M6.09M
Dividends Paid------------22.40M----00000020.00K35.00K29.00K1.74M-72.00K---
FCF to OCF147.04%44.91%8.29%1507.48%330.21%-305.97%143.31%138.03%62.91%215.14%120.86%438.64%185.50%51.25%69.71%26.50%119.28%29.76%-23.81%133.22%141.11%1349.21%57.25%20.05%-78.19%73.66%83.54%35.75%424.51%91.24%-126.71%44.92%
Dividend Paid to FCF-------------92.18%----0.00%0.00%0.00%0.00%0.00%0.00%1.22%-1.52%0.23%12.03%--1.03%---

Earnings

Report DateDec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Oct 18, 2001Jan 17, 2002Apr 24, 2002Jul 25, 2002Oct 18, 2002Jan 23, 2003Apr 29, 2003Jul 24, 2003Oct 23, 2003Jan 22, 2004Apr 29, 2004Jul 21, 2004Oct 25, 2004Jan 27, 2005May 9, 2005Aug 2, 2006May 1, 2007Aug 7, 2007Nov 1, 2007Jan 30, 2008Apr 29, 2008Sep 18, 2008Oct 29, 2008Feb 4, 2009May 5, 2009Aug 20, 2009Nov 5, 2009Feb 3, 2010May 5, 2010Aug 25, 2010Nov 4, 2010Feb 3, 2011May 5, 2011Aug 24, 2011Nov 2, 2011Feb 1, 2012May 2, 2012Aug 15, 2012Nov 1, 2012Jan 30, 2013May 1, 2013Aug 14, 2013Oct 30, 2013Feb 6, 2014May 6, 2014Sep 2, 2014Dec 10, 2014Jan 29, 2015May 7, 2015Sep 30, 2015Nov 12, 2015Feb 4, 2016May 5, 2016Sep 8, 2016Nov 14, 2016Feb 8, 2017May 10, 2017Sep 6, 2017Nov 13, 2017Feb 8, 2018May 14, 2018Aug 28, 2018Nov 12, 2018Feb 11, 2019May 13, 2019Aug 27, 2019Nov 7, 2019Feb 6, 2020May 12, 2020Aug 27, 2020Nov 5, 2020Feb 3, 2021May 5, 2021Aug 25, 2021Nov 3, 2021Feb 2, 2022May 4, 2022Aug 23, 2022Nov 2, 2022Feb 1, 2023May 3, 2023Aug 23, 2023Nov 1, 2023Feb 6, 2024May 1, 2024Jun 30, 2024Nov 5, 2024Feb 4, 2025May 6, 2025Sep 10, 2025Nov 4, 2025Feb 3, 2026May 4, 2026Aug 27, 2026Nov 3, 2026
EPS Estimate-----------------------1.240.820.991.461.240.380.971.07-0.080.13-0.270.020.03-0.48-0.97-0.52-0.090.15-0.23-0.19-0.040.120.080.450.270.06-0.48-0.96-0.60-0.39-0.45-0.30-0.51-0.18-0.18-0.32---0.36-----------0.170.070.130.140.290.360.370.420.520.610.560.680.710.790.760.860.770.720.510.69-0.030.060.280.560.280.500.440.400.20
EPS Actual1.142.452.813.493.78-12.72-14.97-17.27-16.79-2.59-6.66-1.28-4.70-2.35-0.98-2.03-2.84-4.80-2.28-1.92-4.54-3.27-0.550.361.081.021.261.200.481.141.140.360.54-0.060.06-0.66-0.78-1.56-2.57-0.060.30-0.30-2.600.240.120.300.660.120.06-0.78-0.90-0.96-0.78-0.36-0.24-0.60-0.48-0.12-0.54-0.751.22-0.120.310.07-0.28-0.120.31-0.260.51-0.120.54-0.330.470.26-0.080.200.380.620.740.490.450.670.710.670.670.750.940.750.870.870.970.730.72-0.870.820.880.830.430.540.060.51-
Surprise------------------------70.97%31.71%3.03%-13.70%-3.23%26.32%17.53%6.54%550.00%315.38%77.78%200.00%-2300.00%-62.50%-60.82%-393.94%33.33%100.00%-30.43%-1270.21%700.00%0.00%275.00%46.67%-55.56%0.00%-62.50%6.25%-60.00%-100.00%20.00%20.00%-17.65%-166.67%33.33%-70.19%--67.00%-----------52.94%-214.29%53.85%171.43%113.79%105.56%32.43%7.14%28.85%16.39%19.64%-1.47%5.63%18.99%-1.32%1.16%12.99%34.72%43.14%3.60%-2800.00%1266.67%214.29%49.09%53.57%8.00%-86.36%27.50%-
Timing------------------------After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hours--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap255.39M
Enterprise Value282.88M
Trailing P/E105.00
Forward P/E8.01
PEG Ratio5.33
Price / Sales0.58
Price / Book0.96
EPS0.19
Book Value20.90
Revenue (TTM)439.68M
Gross Profit (TTM)138.29M
EBITDA27.50M
Profit Margin0.58%
Operating Margin6.31%
Return on Equity0.96%
Return on Assets2.17%
Shares Outstanding12.80M
Shares Float11.63M
Beta0.70
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 32.75
  • Strong Buy
    3
  • Buy
    2

Ownership Breakdown

Institutions
86.63%
Insiders
10.11%
Retail / Other
3.26%

Top Institutional Holders

  • BlackRock Inc
    782.92K6.12%
  • Arnhold & S. Bleichroeder Advisers, LLC
    720.91K5.63%
  • Tieton Capital Management, LLC
    676.44K5.28%
  • Royce & Associates, LP
    660.71K5.16%
  • First Wilshire Securities Mgmt Inc (CA)
    523.32K4.09%
  • Vanguard Capital Management, LLC
    500.98K3.91%
  • Pacific Ridge Capital Partners, LLC
    441.14K3.45%
  • SEI Investments Co
    432.32K3.38%
  • Kennedy Capital Management Inc
    430.39K3.36%
  • Dimensional Fund Advisors, Inc.
    390.21K3.05%
  • Western Standard LLC
    301.03K2.35%
  • Geode Capital Management, LLC
    293.88K2.30%
  • Marshall Wace Asset Management Ltd
    266.36K2.08%
  • State Street Corp
    259.21K2.02%
  • D. E. Shaw & Co LP
    244.40K1.91%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    379.09K2.96%
  • FTGF RY US SmCp Opp A USD Dis(A)
    331.73K2.59%
  • First Eagle Small Cap Opportunity I
    322.92K2.52%
  • Royce Small-Cap Opportunity Invmt
    309.35K2.42%
  • iShares Russell 2000 ETF
    295.80K2.31%

Stock Splits

  • Apr 8, 20212:1
  • Jun 14, 20161:12
  • Jan 29, 20071:4
  • Nov 25, 19972:1