Aviat Networks Sees FY24 Revenue $425M-$432M Vs $371.06M Est.; Full Year Adjusted EBITDA Between $51M-$56M
Portfolio Pulse from Benzinga Newsdesk
Aviat Networks has raised its fiscal 2024 full year guidance, projecting revenues between $425M-$432M, up from $371.06M estimates, and Adjusted EBITDA between $51M-$56M.
February 06, 2024 | 10:00 pm
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Aviat Networks raises FY24 revenue guidance to $425M-$432M, exceeding estimates, with Adjusted EBITDA forecasted at $51M-$56M.
Raising the fiscal 2024 revenue and EBITDA guidance significantly above previous estimates indicates strong business performance and operational efficiency. This positive outlook is likely to boost investor confidence and potentially lead to a short-term increase in AVNW's stock price.
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IMPORTANCE 90
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