Aviat Networks(US:AVNW)2025-05-06 20:22Company Overview - Aviat Networks is a leading provider of wireless transport and access solutions[4] - The company's last twelve months (LTM) revenue is $436 million[7] - Aviat Networks serves private networks (61%) and mobile networks (39%)[8] - The company has over 3,000 customers worldwide[10] Financial Performance (Q3 Fiscal Year 2025) - Revenue reached $112.6 million, a 1.6% increase compared to the same period last year[58] - Adjusted EBITDA was $14.9 million, up 17.3% compared to the same period last year[58] - Non-GAAP gross margin was 35.8%[55] Market Opportunity - Aviat Networks addresses an $11 billion total addressable market (TAM)[15] - The private LTE/5G market is projected to reach $8 billion by 2027[35] - The microwave radio market for global 5G transport is expected to grow at a 39% compound annual growth rate (CAGR) through calendar year 2025[35] Growth and Strategy - Aviat Networks has experienced a 13% revenue CAGR since calendar year 2019[15] - The company's operating model drives continuous improvement and successful acquisitions[15] - Aviat Networks estimates the USA rural broadband segment to be a ~$420 million TAM[45]