Benzinga | Nov 3, 2021 05:17PM EDT

Aviat Networks: Q1 Earnings Insights

Aviat Networks (NASDAQ:AVNW) reported its Q1 earnings results on Wednesday, November 3, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Aviat Networks their estimated earnings by 28.85%, reporting an EPS of $0.67 versus an estimate of $0.52, which surprised analysts.

Revenue was up $6,868,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 13.25% drop in the share price the next day.

Here's a look at Aviat Networks's past performance:



Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.43 0.27 0.36 0.29EPS Actual 0.45 0.49 0.74 0.62Revenue Estimate 64.88M 63.00M 63.50M 62.09MRevenue Actual 71.69M 66.40M 70.53M 66.29M

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