Aviat Networks (NASDAQ:AVNW) reported its Q2 earnings results on Wednesday, February 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Aviat Networks beat estimated earnings by 16.39%, reporting an EPS of $0.71 versus an estimate of $0.61, which surprised analysts.
Revenue was up $7.33 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15, which was followed by a 3.94% increase in the share price the next day.
Here's a look at Aviat Networks's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.52 | 0.43 | 0.27 | 0.36 |
| EPS Actual | 0.67 | 0.45 | 0.49 | 0.74 |
| Revenue Estimate | 69.10M | 64.88M | 63.00M | 63.50M |
| Revenue Actual | 73.16M | 71.69M | 66.40M | 70.53M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
