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AVNWBullishM&Anews
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Aviat Networks: Better Positioned After The NEC Acquisition

Mar 5, 2024, 4:56 PM EST1 sourcesAI-analyzed

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- AVNW has seen a turnaround with 13.2% revenue growth since 2021. - Recently acquired NEC Corporation's Wireless Transport Business to capitalize on 5G demand. - Financially, AVNW has improving EBIT margins but negative free cash flow currently. - Revenue grew 4.8% in Q2, with higher gross margins despite restructuring charges. - Analyst values AVNW at $41/share with potential for higher growth with acquisitions. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Research Analysis

  • AVNW has seen a turnaround with 13.2% revenue growth since 2021.
  • Recently acquired NEC Corporation's Wireless Transport Business to capitalize on 5G demand.
  • Financially, AVNW has improving EBIT margins but negative free cash flow currently.
  • Revenue grew 4.8% in Q2, with higher gross margins despite restructuring charges.
  • Analyst values AVNW at $41/share with potential for higher growth with acquisitions.

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