Core Viewpoint - Aviat Networks, Inc. is set to release its first quarter fiscal 2026 financial results on November 4, 2025, after market close, indicating ongoing transparency and engagement with investors [1]. Financial Results Announcement - The financial results will cover the period ended September 26, 2025, showcasing the company's performance in the wireless transport and access solutions sector [1]. - An earnings conference call will be held on the same day at 5:00 p.m. ET, featuring key executives including the President and CEO, Pete Smith, and Interim CFO, Andrew Fredrickson [2]. Investor Engagement - Interested parties can access the conference call via a webcast on Aviat Networks' Investor Relations website or participate by telephone after registering [3]. - A replay of the conference call will be available on the company's investor relations website post-event [3]. Upcoming Investor Conferences - The company will participate in several upcoming investor conferences, including the 14th Annual Roth Technology Conference on November 19, 2025, and the 6th Annual Needham Tech Week Conference on November 21, 2025 [10]. Company Overview - Aviat Networks is recognized as a leading expert in wireless transport and access solutions, with over one million systems sold across 170 countries [6]. - The company serves a diverse clientele, including communications service providers and various government and defense organizations, emphasizing its reliability in critical applications [6]. - With a history of over 70 years in microwave innovations, Aviat Networks aims to simplify network operations for its customers while delivering high-performance products [6].

Aviat Networks Inc. (NASDAQ:AVNW) is one of the most undervalued technology stocks to buy according to analysts. On September 29, Aviat Networks announced a partnership with Intracom Telecom, which is a global technology systems and solutions provider, to deliver Fixed Wireless Access/FWA technology. The collaboration will focus on FWA technology that uses the high-capacity 28 and 39 GHz millimeter wave (mmWave) bands, conforming to FCC requirements for 5G use. Aviat will initially target select North Ame ...

Core Insights - Aviat Networks has partnered with Intracom Telecom to provide Fixed Wireless Access (FWA) technology utilizing high-capacity 28 and 39 GHz millimeter wave bands for 5G applications in North America [1][2][3] Group 1: Partnership and Technology - The partnership aims to address the increasing demand for multi-Gigabit 5G access, offering an alternative to fiber with similar performance but lower costs and complexities [2][4] - Intracom Telecom's WiBAS G5 platform is highlighted as the only commercially available point-to-multipoint FWA solution in the specified mmWave bands, capable of delivering over 22 Gbps from a single base station site [3][4] Group 2: Market Focus and Services - Aviat will initially target select North American service providers to meet the growing needs for consumer and enterprise 5G use cases [2] - The company will provide a comprehensive suite of software solutions, design, planning, deployment, and support services, leveraging its extensive presence in North America [2][5] Group 3: Company Background - Aviat Networks is recognized as a leading expert in wireless transport and access solutions, with over one million systems sold across 170 countries [5] - Intracom Telecom has over 45 years of experience in the market, specializing in fixed wireless access and offering a wide range of ICT services [6]

Accessibility StatementSkip Navigation Offering includes portfolio of ruggedized Aprisa LTE 5G routers, ProVision Plus software designed for mobility, and a full suite of support services for lowest total cost of ownership AUSTIN, Texas, Sept. 15, 2025 /PRNewswire/ --Â Aviat Networks, Inc. (NASDAQ: AVNW), a trusted provider of wireless transport and access solutions for highly secure critical communications, today announced the release of a comprehensive solution designed specifically for vehicle deployment ...

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing with PricewaterhouseCoopers before transitioning to day trading nearly 20 years ago [2] - Successfully navigated significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Earnings Reports - Kroger Co. is expected to report quarterly earnings of $0.99 per share on revenue of $34.10 billion [2] - Aviat Networks Inc. reported quarterly earnings of $0.83 per share, exceeding the analyst consensus estimate of $0.47 per share, with quarterly sales of $115.340 million, surpassing the estimate of $114.667 million [2] - RH is anticipated to post quarterly earnings of $3.20 per share on revenue of $904.64 million [2] - Oxford Industries Inc. reported quarterly earnings of $1.26 per share, beating the estimate of $1.18, but quarterly revenue of $403.14 million fell short of the consensus estimate of $410.850 million [2] - Adobe Inc. is expected to report quarterly earnings of $5.18 per share on revenue of $5.91 billion [2] Stock Performance - Kroger shares increased by 0.7% to $67.51 in after-hours trading [2] - Aviat Networks shares rose by 4.7% to $23.75 in after-hours trading [2] - RH shares gained 0.4% to $229.90 in after-hours trading [2] - Oxford Industries shares jumped 16.7% to $47.16 in after-hours trading [2] - Adobe shares increased by 0.4% to $351.45 in after-hours trading [2]

Core Insights - The article discusses the limitations of AI-generated earnings call insights and emphasizes the lack of editorial review, which may affect the accuracy and completeness of the information provided [1] Group 1 - The earnings call insights are compilations of transcripts and content available on the Seeking Alpha website [1] - The insights are generated by an AI tool, which has inherent limitations [1] - There is no guarantee regarding the accuracy, completeness, or timeliness of the earnings call insights [1]

Group 1 - The company is responsible for the development of transcript-related projects [1] - The company publishes thousands of quarterly earnings calls per quarter [1] - The company is continuing to grow and expand its coverage [1]

Group 1 - Aviat Networks, Inc. reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.43 per share, and showing an increase from $0.72 per share a year ago, resulting in an earnings surprise of +93.02% [1] - The company posted revenues of $115.34 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.11%, although this represents a decline from year-ago revenues of $116.66 million [2] - Aviat Networks has outperformed the S&P 500, with shares increasing about 23.6% since the beginning of the year compared to the S&P 500's gain of 10.7% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.55 on revenues of $109.38 million, and for the current fiscal year, it is $2.56 on revenues of $454.5 million [7] - The Wireless Equipment industry, to which Aviat Networks belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

PART I [Cautionary Statement Regarding Forward-Looking Statements](index=5&type=section&id=CAUTIONARY%20STATEMENT%20REGARDING%20FORWARD-LOOKING%20STATEMENTS) The 10-K contains forward-looking statements subject to risks and uncertainties, advising against undue reliance - The report contains forward-looking statements that are subject to **risks and uncertainties**, potentially causing actual results to differ materially from projections[14](index=14&type=chunk)[15](index=15&type=chunk) - Readers are cautioned not to place **undue reliance** on these statements, which reflect management's opinions only as of the filing date[17](index=17&type=chunk) - Key factors that may cause results to differ are detailed in 'Item 1A. Risk Factors'[16](index=16&type=chunk) [Item 1. Business](index=6&type=section&id=Item%201.%20Business) Aviat Networks is a global supplier of microwave and wireless access networking solutions, serving CSPs and private networks - Aviat Networks is a global supplier of microwave and wireless access networking solutions and services[19](index=19&type=chunk) - The company serves two principal customer types: Communications Service Providers (CSPs) and private network operators (e.g., government, utilities, public safety)[26](index=26&type=chunk) - Aviat's strategy focuses on three main elements: expanding its portfolio of wireless transport and access products, investing in software applications and services for network management, and investing in e-commerce through the 'Aviat Store' for lower costs and faster lead times[36](index=36&type=chunk)[37](index=37&type=chunk)[39](index=39&type=chunk) [Overview and Description of the Business](index=6&type=section&id=Overview%20and%20Description%20of%20the%20Business) Aviat Networks designs and sells wireless transport and access networking products using microwave and millimeter wave technologies - Aviat Networks designs, manufactures, and sells wireless transport and access networking products, solutions, and services[22](index=22&type=chunk) - Products use microwave and millimeter wave technologies for point-to-point and point-to-multipoint wireless links, complemented by routers and cloud-based software for network management[24](index=24&type=chunk) - Wireless systems offer advantages over fiber optics in terms of faster deployment, lower cost in dense areas, suitability for rugged terrain or water crossings, and lower latency for time-sensitive applications[25](index=25&type=chunk) [Market Overview](index=7&type=section&id=Market%20Overview) Future demand for microwave and millimeter wave systems is driven by mobile/5G networks, rural broadband, and private network growth - Future demand for microwave and millimeter wave systems is influenced by mobile/5G networks, rural broadband, and private networks[28](index=28&type=chunk)[29](index=29&type=chunk)[32](index=32&type=chunk) - Mobile/5G Networks: Driven by 5G deployments, subscriber growth, connected devices (IoT), network densification, and geographic coverage expansion - Rural Broadband: Aviat equipment is used for middle-mile infrastructure builds to deliver broadband connectivity to rural and suburban communities - Private Networks: Demand from utility, public safety, energy and mining, government, financial institutions, and broadcast sectors for mission-critical applications [Strategy](index=8&type=section&id=Strategy) Aviat's strategy focuses on sustainable, profitable growth by enhancing products, investing in software/services, and expanding e-commerce - Aviat aims for sustainable and profitable growth by addressing 5G market needs and strengthening its product/services portfolio[34](index=34&type=chunk)[35](index=35&type=chunk) - Product Portfolio: Increase data-carrying capacity, reduce energy consumption, and lower TCO through R&D in wireless transport and access products - Software & Services: Invest in applications, tools, and services for network planning, deployment, operation, optimization, and performance assurance - E-commerce: Expand through the 'Aviat Store' and supporting supply chain for lower costs, faster lead times, and simpler purchasing for customers [Products and Solutions](index=9&type=section&id=Products%20and%20Solutions) Aviat offers a comprehensive portfolio of microwave and millimeter wave transport and access systems, designed for low TCO and future-proof networking - Aviat's product portfolio includes wireless transport and access systems for microwave and millimeter wave networking, supporting a wide range of frequencies (**450 MHz to 90 GHz**) and capacities (**up to 20 Gbps**)[42](index=42&type=chunk) - Key Product Families: CTR 8000 (routers for wireless transport), WTM 4000 (high-capacity, all-outdoor microwave radio, including Multi-Band solutions like WTM 4800, MB-XD, MB-MAX, MB-VA), RDL 3000 (ruggedized fixed/nomadic wireless access), Aprisa (hardened narrowband SCADA, LTE/5G modems), IRU 600 (ultra-high power indoor microwave radio), Pasolink (split-mount microwave), ProVision Plus (management software), and AviatCloud (hosted software/services) - Focus on Low TCO: Achieved through reduced rack space, lower power consumption, fewer stations, software-configurable upgrades, and advanced wireless features like Multi-Band - Future-proof Network: Solutions designed for smooth migration to Carrier Ethernet and IP/MPLS, protecting customer investments [Business Operations](index=10&type=section&id=Business%20Operations) Aviat uses direct and indirect sales, outsources manufacturing, manages a $323 million backlog, faces intense competition, and invests in R&D - Aviat's primary route to market is direct sales, supplemented by OEMs, system integrators, and indirect channels, including the 'Aviat Store' for online sales[43](index=43&type=chunk)[44](index=44&type=chunk)[45](index=45&type=chunk)[46](index=46&type=chunk) - Manufacturing follows an outsourced model with partners in Asia and the U.S., certified to ISO 9001 and TL 9000 quality standards[50](index=50&type=chunk)[51](index=51&type=chunk) Backlog (Fiscal 2024-2025) | Date | Backlog (Millions) | | :------------- | :----------------- | | June 27, 2025 | $323 | | June 28, 2024 | $292 | - Competition is strong from large mobile and IP network infrastructure manufacturers (e.g., Ericsson, Huawei, Nokia) and smaller specialist companies[56](index=56&type=chunk) Research and Development Expenditures (Fiscal 2023-2025) | Fiscal Year | R&D Expenditure (Millions) | % of Revenue | | :---------- | :------------------------- | :----------- | | 2025 | $35.8 | 8.2% | | 2024 | $36.4 | 8.9% | | 2023 | $24.9 | 7.2% | - As of June 27, 2025, Aviat owns approximately **244 U.S. patents** and **159 international patents**[65](index=65&type=chunk) - As of June 27, 2025, the Company had **923 employees** globally, with **250 in the U.S.**, and focuses on attracting and retaining diverse talent through competitive compensation and benefits[21](index=21&type=chunk)[75](index=75&type=chunk)[76](index=76&type=chunk) [Information about our Executive Officers](index=14&type=section&id=Information%20about%20our%20Executive%20Officers) This section provides biographical information for Aviat Networks' executive officers, including the President and CEO, CFO, and other key leaders - Peter A. Smith (59): President and CEO since January 2020, with prior leadership roles at JELD-WEN, Polypore International, and Voltaix Inc - Michael C. Connaway (44): CFO, responsible for worldwide finance. Notified resignation effective after fiscal 2025 10-K filing - Andrew M. Fredrickson (35): VP of Corporate Finance, appointed Interim CFO effective after fiscal 2025 10-K filing - Erin R. Boase (46): General Counsel, with experience in privacy, employment, compliance, and M&A from Lifesize, Cisco, Dell, and Thomson Reuters - Gary G. Croke (53): SVP, Product and Innovation, responsible for global marketing and product development, with over 25 years of experience in data and mobile communications [Item 1A. Risk Factors](index=16&type=section&id=Item%201A.%20Risk%20Factors) This section outlines material risks to Aviat Networks' business, operations, and financial results, covering business, financial, legal, and general factors - Aviat Networks faces significant business risks that could materially and adversely affect its financial condition and results of operations, potentially leading to a decline in stock price[84](index=84&type=chunk) - Business and Operational Risks: Lengthy sales cycles, dependence on new product introductions, reliance on third-party service partners and contract manufacturers, intense competition, and challenges in attracting and retaining key personnel - Financial and Macroeconomic Risks: Susceptibility to political, economic, and geographic risks from international sales, foreign currency fluctuations, limitations on internal controls, and global economic conditions affecting customers and suppliers - Legal and Regulatory Risks: Inability to protect intellectual property, regulatory approvals for products, changing corporate governance and anti-bribery measures, potential liability claims, and evolving data privacy and cybersecurity laws - General Risk Factors: Exposure to natural disasters, catastrophic events, and system security risks like data breaches and cyberattacks [Risk Factors Summary](index=17&type=section&id=Risk%20Factors%20Summary) This summary overviews Aviat Networks' principal risks, categorized into business, financial, legal, and general factors - The company's principal risks are summarized across business and operational, financial and macroeconomic, legal and regulatory, and general categories[85](index=85&type=chunk) - Business and Operational: Lengthy sales cycles, new product acceptance, third-party service/manufacturing reliance, competition, and personnel retention - Financial and Macroeconomic: International sales risks, internal control limitations, capital access, global economic conditions, and tax law changes - Legal and Regulatory: Intellectual property protection, regulatory approvals, corporate governance, product liability, data privacy, and environmental regulations - General: Natural disasters, catastrophic events, and cybersecurity risks [Item 1B. Unresolved Staff Comments](index=35&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) Aviat Networks reported no unresolved staff comments from the SEC - There are no unresolved staff comments[176](index=176&type=chunk)