Aviat Shares Fall After 3Q Loss

Dow Jones
May 05
 

By Rob Curran

 

Aviat Networks shares tumbled after the maker of network technology posted a fiscal third-quarter loss on dwindling revenue.

The company's stock was recently 27% lower at $16.60 in premarket trading.

The Austin, Texas, maker of radio and router technology logged a loss of $2.1 million, or 16 cents a share, in contrast to a profit of $3.5 million, or 27 cents a share, a year earlier.

Stripping out certain on-off items, Aviat logged earnings of 6 cents a share, a far cry from the 44 cents a share forecast by analysts, as per FactSet.

Revenue fell 11% to $100 million, short of the average analyst target of $112.6 million.

For the year ending in June, Aviat projected revenue in a range between $428 million and $440 million, short of the average Wall Street target of $445.3 million.

 

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

May 05, 2026 09:12 ET (13:12 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10