Record Revenue and Adjusted EBITDA
Aviat Networks reported total revenue of $118 million, up 26% compared to the same period last year, achieving the highest quarterly revenue in over a decade. Adjusted EBITDA reached a record $14.8 million, up 22% year-over-year.
Strong Performance in Pasolink and Private Networks
The Pasolink segment contributed nearly $35 million in revenue this quarter, with orders averaging $35 million over the last three quarters. Private networks, particularly in public safety and utilities, showed strong performance.
International Revenue Growth
International revenue increased by $17.2 million or 40% from the same period last year, driven primarily by Pasolink acquisition.
Successful Financial Management
The company generated $20.8 million in cash from operating activities, marking the best result in at least seven years. This was due to profitable results and improvements in working capital.
New Product Introduction
Aviat introduced Multi-Band Max (MB Max) enabling up to 25 Gbps on a single antenna, expected to enhance capacity and reliability for customers.