NASDAQ$AVNW

Aviat Networks Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Aviat Networks' financial performance increased, marked by revenue growth and strategic advancements.

Aviat Networks reported a successful second quarter with a 10.4% year-over-year increase in total revenue, reaching $77.9 million. The company launched Multiband XD and saw international growth driven by 5G deployments.

  • Total revenue increased by 10.4% year-over-year, reaching $77.9 million.
  • North America revenue increased by 3.8% year-over-year, totaling $51.0 million.
  • International revenue increased by 25.5% year-over-year, reaching $26.8 million.
  • The company launched Multiband XD, enhancing its position against fiber solutions.

Headline financials

Total Revenue

$77.9M

Previous: $70.5M+10.4%
EPS (adj)

$0.71

Previous: $0.74-4.1%
Adjusted EBITDA

$10.1M

Previous: $10.1M+0.0%
Capital Expenditures

-$798K

Previous: -$1.38M+42.0%
Free Cash Flow

$5.12M

Previous: $5.27M-2.8%
Net Income

$5.92M

Previous: $6.64M-10.9%
Operating Income

$9.21M

Previous: $7.88M+16.9%
Gross Profit

$28.2M

Previous: $26.9M+4.6%
Cash & Equivalents

$42.3M

Previous: $43M-1.7%
Total Assets

$317M

Previous: $193M+64.0%
Stock-Based Comp

$761K

Previous: $818K-7.0%

Revenue & EPS history

Aviat · Revenue · Quarterly

$77.9M

Q2 2022+10.4%vs Q2 2021
Beat estimate in 12 of 13 quarters(92%)
ActualEstimate

Revenue by segment

Aviat · $77.9M total across 2 segments · Q2 2022

  • Product sales
    $53.5M+14.5%
  • Services
    $24.4M+2.3%

Forward guidance

Aviat Networks did not provide a specific financial outlook for future periods in the provided document. Therefore, forward guidance information is not available.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.7%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+5.7%

Avg return

30 days after

55%

35 / 64 earnings

Positive

+28.2%

Q2 2025

Best reaction

-31.9%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-28.5%-30.0%-14.3%
Q2 2026+14.3%+16.7%+11.2%
Q1 2026+0.4%-3.2%-13.2%
Q4 2025+12.6%+3.6%-7.3%
Q3 2025+5.0%+4.0%+12.2%
Q2 2025+28.2%+12.7%-1.7%
Q1 2025-31.9%-28.5%-15.1%
Q3 2024-15.1%-6.4%-7.6%
Q2 2024+19.9%+9.3%+19.4%
Q1 2024+14.6%+14.5%+17.4%
Q4 2023+19.0%+21.1%+16.6%
Q3 2023-11.9%-16.3%-3.2%
Q2 2023+21.5%+13.0%+14.6%
Q1 2023-12.1%-10.5%+0.6%
Q4 2022+1.3%+1.0%-7.7%
Q3 2022-3.5%-9.1%-6.7%
Q2 2022+1.2%-2.6%-9.1%
Q1 2022+4.8%+4.7%-4.1%
Q4 2021-14.4%-9.4%-13.9%
Q3 2021-13.5%-9.2%+13.4%
Q2 2021+4.8%+25.1%+22.7%
Q1 2021+16.0%+27.6%+86.8%
Q4 2020+3.3%+10.3%+3.4%
Q3 2020+27.7%+28.8%+41.9%
Q2 2020+1.6%-1.3%-12.9%
Q1 2020+0.6%+2.5%+4.1%
Q4 2019+6.1%-0.8%+9.7%
Q3 2019-0.7%-1.5%-1.9%
Q2 2019+4.3%-1.6%-8.0%
Q1 2019-1.2%-4.5%-7.8%
Q4 2018+14.1%+11.9%+2.2%
Q3 2018+8.0%+10.0%-0.2%
Q2 2018+2.5%+5.1%+12.7%
Q1 2018+18.2%+16.6%+14.0%
Q4 2017+9.4%+7.7%+5.2%
Q3 2017-18.3%-11.9%-28.4%
Q2 2017+14.2%+18.5%+23.6%
Q1 2017+19.9%+29.6%+55.3%
Q4 2016-8.7%-10.2%-0.3%
Q3 2016-5.9%
Q2 2016-14.1%
Q1 2016-1.0%
Q4 2015+2.9%
Q3 2015-1.7%
Q2 2015-9.9%
Q1 2015+2.9%
Q4 2014-8.3%
Q3 2014-29.2%
Q2 2014+6.9%
Q1 2014-4.6%
Q4 2013-10.2%
Q3 2013-19.7%
Q2 2013+3.9%
Q1 2013-3.0%
Q4 2012+1.3%
Q3 2012-1.4%
Q2 2012-0.8%
Q1 2012-3.2%
Q4 2011+6.4%
Q3 2011-4.3%
Q2 2010-0.5%
Q1 2010+3.6%
Q4 2010-0.3%
Q3 2010+2.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro