Aviat networks announces fiscal 2025 second quarter and six month financial results

Total revenue of $118.2 million; up 26.2% year-over-year operating income of $8.0 million; non-gaap operating income of $12.6 million adjusted ebitda of $14.8 million non-gaap diluted earnings per share of $0.82 austin, texas , feb. 4, 2025 /prnewswire/ -- aviat networks, inc. ("aviat networks," "aviat," or the "company"), (nasdaq: avnw), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 second quarter ended december 27, 2024. second quarter highlights completed 18th consecutive quarter of trailing twelve month revenue growth achieved record quarterly adjusted ebitda driven by healthy sales, margins, and disciplined cost management received orders for pasolink above $35 million in the quarter, continuing trend to $140 million in annual run-rate contribution from pasolink acquisition reduced net debt position by $10 million and repurchased 34,600 shares in the quarter second quarter financial highlights total revenues: $118.2 million, up 26.2% from the same quarter last year gaap results: gross margin 34.6%; operating expenses $32.9 million; operating income $8.0 million; net income $4.5 million; net income per diluted share ("net income per share") $0.35 non-gaap results: adjusted ebitda $14.8 million; gross margin 35.3%; operating expenses $29.1 million; operating income $12.6 million; net income $10.5 million; net income per share $0.82 cash and cash equivalents: $52.6 million net debt: $22.3 million fiscal 2025 second quarter and six months ended december 27, 2024 revenues the company reported total revenues of $118.2 million for its fiscal 2025 second quarter, compared to $93.7 million in the fiscal 2024 second quarter, an increase of $24.5 million or 26.2%.
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