from investing.com:
Aviat Networks, Inc. designs, manufactures, and sells a range of wireless networking products, solutions, and services in North America, Africa, the Middle East, Europe, Russia, Latin America, and the Asia Pacific. Its products include broadband wireless access base stations and customer premises equipment for fixed and mobile; and point-to-point digital microwave radio systems for access, backhaul, trunking, and license-exempt applications, as well as supporting new network deployments and network expansions.
Latest quarter earnings:
EPS: 0.71 (0.61 expected)
Revenue: 77.8 million (73.1m expected)
For the last six months ending 31st of December 2021,revenue increased 10% to 151 million. net income decreased 16% to 10.6m.
Revenues reflected a service segment increase of 66% to 75.8M. North America segment increas of 8% to 102m. Africa and Middle East segment increase of 8% to 102M.
Net income was offset by R&D expense increase of 18%, to 12m.
anyway, what are your thoughts on this company? They are set to benefit from the expansion of 5g networks over the coming years.
Thoughts?
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