Recap: Aviat Networks Q3 Earnings

Aviat Networks (NASDAQ:AVNW) reported its Q3 earnings results on Wednesday, May 3, 2023 at 04:02 PM. Here’s what…

Aviat Networks (NASDAQ:AVNW) reported its Q3 earnings results on Wednesday, May 3, 2023 at 04:02 PM.

Here’s what investors need to know about the announcement.

Earnings

Aviat Networks reported in-line EPS of $0.75 versus an estimate of $0.75.

Revenue was up $8.96 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 19.27% increase in the share price the next day.

Here’s a look at Aviat Networks’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.79 0.71 0.67 0.55
EPS Actual 0.94 0.75 0.67 0.67
Revenue Estimate 85.32M 81.09M 76.02M 72.37M
Revenue Actual 90.68M 81.25M 77.42M 74.52M

To track all earnings releases for Aviat Networks visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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