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AI brief of an SEC Form 8-K · AVIAT NETWORKS, INC. (AVNW)

Aviat Networks Q1 revenue falls 5% to $102.0 million; GAAP net loss of $2.8 million

Negative Impact 3 of 5 earnings

Aviat Networks reported fiscal 2027 first-quarter revenue of $102.0 million, down 5.0% from $107.3 million a year earlier, and a GAAP net loss of $2.8 million, or $0.22 per diluted share, versus net income of $0.2 million a year earlier. The company also updated its full-year fiscal 2027 guidance to revenue of $450 million to $475 million and Adjusted EBITDA of $50.0 million to $55.0 million, but the filing does not give prior guidance figures for comparison.

Key points

  • Q1 revenue $102.0 million vs. $107.3 million a year earlier; GAAP gross margin fell to 29.6% from 33.2%
  • GAAP net loss of $2.8 million ($0.22 per diluted share) vs. net income of $0.2 million; non-GAAP net income of $1.5 million ($0.12 per share) vs. $5.5 million ($0.43)
  • Bookings of over $150 million, up 75% year over year; Adjusted EBITDA of $6.0 million vs. $9.1 million
  • Cash of $55.4 million at October 2, 2026, down from $72.8 million at July 3, 2026; total debt of $85.9 million

The filing

CompanyAVIAT NETWORKS, INC. (AVNW)
Form8-K, current report
Filed with the SECNov 10, 2026, 8:05 AM ET
Accession number0001628280-26-072512

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 10, 2026, 8:16 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.