Aviat Networks was founded in 2007 and is headquartered in Santa Clara, US

Aviat Networks has offices in Santa Clara, Singapore, Abidjan, Centurion and in 18 other locations

Santa Clara, US (HQ)

5200 Great America Pkwy

San Antonio, US

5250 Prue Rd

Austin, US

200 Parker Dr

Milpitas, US

860 N Mc Carthy Blvd

Kirkland, CA

16847 Boul Hymus

Durham, US

4819 Emperor Blvd

Aviat Networks's revenue was reported to be $58.7 m in Q3, 2017

USD

## Revenue (Q3, 2017) | 58.7 m |

## Gross profit (Q3, 2017) | 44.6 m |

## Gross profit margin (Q3, 2017), % | 76% |

## Net income (Q3, 2017) | (330 k) |

## EBIT (Q3, 2017) | 73 k |

## Market capitalization (25-Jul-2017) | 101.2 m |

## Cash (31-Mar-2017) | 39.9 m |

Aviat Networks's current market capitalization is $101.2 m.

USD | Y, 2014^{} | Y, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Revenue | 346 m | 335.9 m | 268.7 m |

## Revenue growth, % | (3%) | (20%) | |

## Cost of goods sold | 88.2 m | 91.3 m | 78.2 m |

## Gross profit | 257.8 m | 244.6 m | 190.4 m |

## Gross profit Margin, % | 75% | 73% | 71% |

## R&D expense | 20.8 m | ||

## General and administrative expense | 65.9 m | ||

## Operating expense total | 135.8 m | 106.7 m | 89.2 m |

## EBIT | (50.7 m) | (26 m) | (27.4 m) |

## EBIT margin, % | (15%) | (8%) | (10%) |

## Interest expense | 400 k | 400 k | 104 k |

## Interest income | 500 k | 400 k | 252 k |

## Pre tax profit | (50.6 m) | (26 m) | (28.5 m) |

## Income tax expense | 1.5 m | (1.3 m) | 1.6 m |

## Net Income | (51.2 m) | (24.6 m) | (29.6 m) |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Revenue | 82.4 m | 92.5 m | 74.8 m | 79.6 m | 60.4 m | 58.2 m | 68.5 m | 58.7 m |

## Cost of goods sold | 19.2 m | 24.9 m | 20.3 m | 21.4 m | 17.5 m | 16 m | 16.4 m | 14.1 m |

## Gross profit | 63.2 m | 67.6 m | 54.5 m | 58.2 m | 42.9 m | 42.2 m | 52.1 m | 44.6 m |

## Gross profit Margin, % | 77% | 73% | 73% | 73% | 71% | 73% | 76% | 76% |

## R&D expense | 6.6 m | 6.4 m | 6.4 m | 5.5 m | 5 m | 4.9 m | 4.5 m | 4.3 m |

## General and administrative expense | 19.2 m | 21.2 m | 18 m | 17.1 m | 16.2 m | 15.2 m | 14.1 m | 13.3 m |

## Operating expense total | 25.8 m | 27.6 m | 24.4 m | 22.6 m | 21.2 m | 20.1 m | 21.4 m | 17.5 m |

## EBIT | (5.6 m) | (2.5 m) | (10.1 m) | (1.6 m) | (7.6 m) | (2.9 m) | 2.5 m | 73 k |

## EBIT margin, % | (7%) | (3%) | (14%) | (2%) | (13%) | (5%) | 4% | 0% |

## Interest expense | (100 k) | (200 k) | (18 k) | (3 k) | (7 k) | |||

## Interest income | 100 k | 100 k | 100 k | 100 k | 54 k | 72 k | 42 k | |

## Pre tax profit | (5.6 m) | (2.6 m) | (10 m) | (1.5 m) | (7.6 m) | (3.1 m) | 2.6 m | 449 k |

## Income tax expense | 300 k | 600 k | 1.5 m | 400 k | 865 k | 779 k | ||

## Net Income | (5.7 m) | (3.3 m) | (11.5 m) | (1.2 m) | (7.8 m) | (601 k) | 1.7 m | (330 k) |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Cash | 48.8 m | 34.7 m | 30.5 m |

## Accounts Receivable | 63.4 m | ||

## Inventories | 38.1 m | 32.9 m | 27.3 m |

## Current Assets | 218.2 m | 195.8 m | 140.4 m |

## PP&E | 29.3 m | 24.3 m | 18.2 m |

## Total Assets | 253.2 m | 229.4 m | 166.1 m |

## Accounts Payable | 46.1 m | 46.6 m | 33.2 m |

## Current Liabilities | 130.9 m | 128.6 m | 99.9 m |

## Total Liabilities | 112.7 m | ||

## Additional Paid-in Capital | 807 m | 809.2 m | 811.6 m |

## Retained Earnings | (702.1 m) | (717.5 m) | (747.4 m) |

## Total Equity | 83.9 m | 53.5 m | |

## Financial Leverage | 2.7 x | 3.1 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 42.4 m | 38.7 m | 35 m | 35.8 m | 39.7 m | 31.8 m | 35 m | 39.9 m |

## Accounts Receivable | 88.3 m | 65.7 m | 49.7 m | 56.2 m | 45.2 m | |||

## Inventories | 43.3 m | 35.5 m | 38.5 m | 34.4 m | 33 m | 24.1 m | 20.4 m | 20.3 m |

## Current Assets | 223.6 m | 209.3 m | 189.4 m | 196.5 m | 163.3 m | 127.6 m | 133.1 m | 128.8 m |

## PP&E | 28.7 m | 27.5 m | 25.4 m | 22.5 m | 19.4 m | 18.1 m | 16.8 m | 15.7 m |

## Total Assets | 257.8 m | 242.4 m | 220.1 m | 228 m | 191.5 m | 152.8 m | 156.9 m | 151.5 m |

## Accounts Payable | 47.7 m | 45.6 m | 37.4 m | 48.7 m | 34.4 m | 29.3 m | 32 m | 29.8 m |

## Current Liabilities | 141.7 m | 133.2 m | 127.2 m | 127.4 m | 103.5 m | 88.1 m | 90.9 m | 85.2 m |

## Common Stock | 600 k | 600 k | 600 k | 600 k | 600 k | 53 k | 600 k | |

## Additional Paid-in Capital | 807.6 m | 808 m | 808.7 m | 809.7 m | 810.6 m | 812.1 m | 812.6 m | 813.1 m |

## Retained Earnings | (707.8 m) | (711.1 m) | (723.3 m) | (718.7 m) | (732.3 m) | (748 m) | (746.3 m) | (746.7 m) |

## Total Equity | 82.4 m | 70.1 m | 52.9 m | 54.4 m | 54.8 m | |||

## Financial Leverage | 2.8 x | 2.7 x | 2.9 x | 2.9 x | 2.8 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Net Income | (51.2 m) | (24.6 m) | (29.6 m) |

## Accounts Receivable | 17 m | ||

## Inventories | (7 m) | (1.9 m) | (5 m) |

## Accounts Payable | (2.7 m) | 1.6 m | (14 m) |

## Cash From Operating Activities | (29.3 m) | (9 m) | (126 k) |

## Cash From Investing Activities | (9.4 m) | (3.7 m) | (1.8 m) |

## Long-term Borrowings | (2.8 m) | ||

## Cash From Financing Activities | (2.8 m) | 2.9 m | 13 k |

## Interest Paid | 400 k | 400 k | 111 k |

## Income Taxes Paid | 14.7 m | 2 m | 2 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Net Income | (5.7 m) | (3.3 m) | (11.5 m) | (1.2 m) | (7.8 m) | (601 k) | 1.7 m | (330 k) |

## Accounts Receivable | 88.3 m | 65.7 m | 49.7 m | 56.2 m | 45.2 m | |||

## Inventories | 34.4 m | 33 m | 24.1 m | 20.4 m | 20.3 m | |||

## Accounts Payable | 48.7 m | 34.4 m | 29.3 m | 32 m | 29.8 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 81.5 k |

## Financial Leverage | 2.8 x |