Aviat reported fourth-quarter earnings per share of $0.64, exceeding analyst expectations by $0.09 as the company posted revenue of $120.89 million, above the $110.14 million consensus estimate.
The telecom infrastructure provider’s results contrast with a string of six negative EPS revisions over the past 90 days, according to market data. Shares closed at $20.91, reflecting a 17.67% gain over the last three months but a 1.59% decline over the prior 12 months.
InvestingPro rated Aviat’s financial health as "fair performance" amid the mixed analyst sentiment.
