Aviat Networks (NASDAQ: AVNW) has announced that it will be unveiling its first quarter financial results on Tuesday 5th November 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $0.03 loss per share for the quarter. Additionally, the company is projected to announce a total revenue of $94.21 million for this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $458.78 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $2.59 per share during the same period.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.87. This was attributed to the company's total revenue, which amounted to an impressive $87.57 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q3 2024 | $0.73 | -2.7% | 111.61 M | +33.7% |
| Q2 2024 | $0.97 | +3.2% | 95.04 M | +4.8% |
| Q1 2024 | $0.87 | +16.0% | 87.57 M | +7.8% |
| Q4 2023 | $0.87 | +29.9% | 91.18 M | +17.8% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 5th November 2024 at 04:30 PM eastern time to discuss Q1 financial results.
Friday's trading saw Aviat Networks (AVNW) shares hit a low of $20.08 and a high of $20.83, with a day volume of 91.20 thousand shares. The stock closed the regular trading session at $20.25, showing 0.98 percent downfall.
