Aviat NetworksNASDAQ: AVNW

LOS ANGELES, CA / ACCESSWIRE / October 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. ("Aviat" or "the Company") (NASDAQ:AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

On October 4, 2024, Aviat Networks Inc (AVNW, Financial) released its 8-K filing detailing the financial results for its fiscal 2024 fourth quarter and full year ended June 28, 2024. Aviat Networks Inc, a leading provider of wireless networking solutions, reported a significant increase in revenue, driven by strategic acquisitions and robust international sales.

LOS ANGELES, CA / ACCESSWIRE / October 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. ("Aviat" or "the Company") (NASDAQ:AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

AUSTIN, Texas , Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, announced today that it will host an earnings conference call and webcast to discuss its financial and operational results on October 7, 2024, beginning at 8:30 a.m. ET.  Participating on the call will be Pete Smith, President and Chief Executive Officer, and Michael Connaway, Chief Financial Officer.

Fourth Quarter Total Revenue of $116.7 million; Up 28.1% Year-Over-Year Fourth Quarter Adjusted EBITDA of $11.9 million Cash from Operations of $8.3 million in fourth quarter, $30.5 million for full year AUSTIN, Texas , Oct. 4, 2024 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2024 fourth quarter and twelve months ended June 28, 2024. Fourth Quarter Highlights Pasolink acquisition accretive to Adjusted EBITDA and non-GAAP net income in the quarter Achieved 4th consecutive fiscal year of growth in both revenue and Adjusted EBITDA Secured statewide win of a new public safety customer, converting customer from legacy incumbent Fourth Quarter Financial Highlights Total Revenues: $116.7 million, up 28.1% from the same quarter last year GAAP Results: Gross Margin 35.3%; Operating Expenses $35.7 million; Operating Income $5.5 million; Net Income $1.5 million; Net Income per diluted share ("Net Income per share") $0.12 Non-GAAP Results: Adjusted EBITDA $11.9 million; Gross Margin 35.9%; Operating Expenses $31.3 million; Operating Income $10.6 million; Net Income $9.2 million; Net Income per share $0.72 Net cash and cash equivalents: $64.6 million; cash net of debt: $16.3 million Full Year Financial Highlights Total Revenues: $408.1 million, up 18.5% from last year GAAP Results: Gross Margin 35.5%; Operating Expenses $125.3 million; Operating Income $19.4 million; Net Income $10.8 million, Net Income per diluted share $0.86 Non-GAAP Results: Adjusted EBITDA $48.1 million; Gross Margin 36.4%; Operating Expenses $105.4 million; Operating Income $43.1 million; Net Income per diluted share $3.15 Fiscal 2024 Fourth Quarter and Twelve Months Ended June 28, 2024 Revenues The Company reported total revenues of $116.7 million for its fiscal 2024 fourth quarter, compared to $91.1 million in the fiscal 2023 fourth quarter, an increase of $25.6 million or 28.1%.

LOS ANGELES, CA / ACCESSWIRE / October 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. ("Aviat" or "the Company") (NASDAQ:AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that the firm is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW). The ongoing investigation concerns whether Aviat and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

LOS ANGELES, CA / ACCESSWIRE / October 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. ("Aviat" or "the Company") (NASDAQ:AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

LOS ANGELES, CA / ACCESSWIRE / October 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. ("Aviat" or "the Company") (NASDAQ:AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.