Aviat networks announces fiscal 2025 third quarter and nine month financial results

Total revenue of $112.6 million; up 1.6% year-over-year operating income of $9.3 million; non-gaap operating income of $13.0 million net income of $3.5 million; adjusted ebitda of $14.9 million diluted earnings per share of $0.27; non-gaap diluted earnings per share of $0.88 austin, texas , may 6, 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 third quarter ended march 28, 2025. third quarter highlights accomplished 19th consecutive quarter of trailing twelve month revenue growth grew gaap operating income by 64% year-over-year set new record for quarterly adjusted ebitda driven by strong margins and operating expense cost management accepted first orders for provision plus network management software from pasolink customers, marking initial steps in capturing a $50 million opportunity over the next five years third quarter financial highlights total revenues: $112.6 million, up 1.6% from the same quarter last year gaap results: gross margin 34.9%; operating expenses $30.0 million; operating income $9.3 million; net income $3.5 million; net income per diluted share ("net income per share") $0.27 non-gaap results: adjusted ebitda $14.9 million; gross margin 35.8%; operating expenses $27.2 million; operating income $13.0 million; net income $11.3 million; net income per share $0.88 cash and cash equivalents: $49.4 million net debt: $24.5 million fiscal 2025 third quarter and nine months ended march 28, 2025 revenues the company reported total revenues of $112.6 million for its fiscal 2025 third quarter, compared to $110.8 million in the fiscal 2024 third quarter, an increase of $1.8 million or 1.6%.
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