Aviat Networks (AVNW) Q1 FY2026 TL;DR (Period Ended September 26, 2025)
Financial Turnaround and Performance: AVNW reported a significant financial turnaround, swinging from an $11.88M Net Loss in the prior year period to $0.162M Net Income ($0.01 EPS). Total Revenue rose 21.4% YoY to $107.3M. Gross Margin improved dramatically to 33.2% (from 22.4%) due to higher sales of higher-margin software. Operational efficiency was enhanced by a 31.8% reduction in R&D expenses. Cash flow from operations improved substantially, and ending cash reserves increased to $67.1M. Geographi
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