AVNW · Aviat Networks
The AI's read
Strong demand is showing up in more orders and a growing backlog. Bookings rose 75% from a year earlier, and backlog grew by $70 million, or 19%. A large customer program and new products add possible growth. But component shortages and higher costs are hurting sales and margins. The company set its sales forecast at $450 million to $475 million, while keeping its adjusted EBITDA forecast at $50 million to $55 million. The facts point in different directions, so the company picture remains balanced.