Aviat Networks Q4 EPS $0.87 Beats $0.85 Estimate, Sales $91.20M Beat $88.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aviat Networks reported Q4 earnings of $0.87 per share, beating the analyst consensus estimate of $0.85 by 2.35%. This is a 29.85% increase from the same period last year. The company also reported quarterly sales of $91.20 million, beating the analyst consensus estimate of $88.98 million by 2.49%. This is a 17.80% increase from the same period last year.
August 23, 2023 | 8:02 pm
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POSITIVE IMPACT
Aviat Networks' Q4 earnings and sales beat estimates, showing a significant YoY increase. This positive financial performance could potentially boost the company's stock price in the short term.
Aviat Networks reported better than expected Q4 earnings and sales, which is a positive signal for investors. This could lead to increased demand for the company's stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100