Aviat Networks Q2 Adj EPS $0.97 Beats $0.87 Estimate, Sales $95.04M Beat $91.47M Estimate
Portfolio Pulse from mahesh@benzinga.com
Aviat Networks (NASDAQ:AVNW) reported Q2 adjusted EPS of $0.97, surpassing the $0.87 estimate, and sales of $95.04M, exceeding the $91.47M estimate. This represents a year-over-year earnings increase of 3.19% and a sales increase of 4.80%.
February 06, 2024 | 9:09 pm
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Aviat Networks reported a strong Q2 with EPS and sales beating estimates, showing a year-over-year growth in both earnings and sales.
Beating both EPS and sales estimates indicates strong financial health and operational efficiency, which is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100