Aviat Networks — Fiscal 2027 First Quarter Earnings Summary

Aviat Networks reported fiscal 2027 first-quarter total revenues of $102.0 million, a 5.0% decrease from the prior year period. The company recorded a GAAP net loss of $2.8 million, or $0.22 per diluted share, while non-GAAP net income was $1.5 million, or $0.12 per share. Despite lower revenues, the quarter featured record bookings exceeding $150 million, representing a 75% year-over-year increase. Adjusted EBITDA for the quarter was $6.0 million, and the company updated its full-year revenue guidance to a range of $450 million to $475 million.