Aviat Networks Q3 FY2026: Revenue Dips, Guidance Adjusted

Aviat Networks reports Q3 FY2026 earnings, with total revenues of $100M, down from $112.6M last year, but steady 9-month revenues at $319M. North America contributed 46% of Q3 revenues, while international made up 54%. Gross margins slipped to 29.3% due to product mix and lower volumes, but operating expenses dropped to $28.3M. The company posted a GAAP net loss of $2.1M, but flipped positive on non-GAAP at $0.06 per share, with adjusted EBITDA at $4.4M. They introduced a new Chief Accounting Officer and strengthened their balance sheet. Utilities are a growing market, with Aviats second-biggest private network customer nearing 10% of overall business. Industry forecasts show utilities spending $1.4T over five years, with Aviats gear shining for smart grids and monitoring. Multi-dwelling unit projects and the BEAD broadband program also show promise. Aviat tweaked fiscal 2026 full-year revenue guidance to $428-440M and adjusted EBITDA to $35-40M. Expect more clarity on MDU ramps and BEAD as deals firm up, with growth initiatives like LTE routers and acquisitions setting up a brighter outlook ahead. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/21f9e363b40a53ef