Aviat Networks Announces Fiscal 2021 Third Quarter and Nine Month Financial Results
Total Revenue of $66.4 million; Up 8.2% Year-Over-Year
Adjusted EBITDA of $7.3 million; Up $3.8 million Year-Over-Year
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AUSTIN, Texas, May 5, 2021 /PRNewswire/ Aviat Networks, Inc. ( Aviat Networks, Aviat, or the Company ), (NASDAQ: AVNW), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2021 third quarter ended April 2, 2021.
Third Quarter Highlights
Company continues to execute on key long-term strategic objectives resulting in continued year-over-year increase in quarterly revenues and Adjusted EBITDA.
Company introduced new software on the Aviat WTM4000 radio platform which doubles the capacity of a microwave link without the need for additional equipment for our customers.
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HUDSON OAKS, Texas Once again, Nextlink Internet is among the top participants in the Federal Communication Commission s (FCC) efforts to close the digital divide.
In the FCC s Rural Digital Opportunity Fund (RDOF) Phase I auction which closed in December 2020, Nextlink Internet was named a provisional winner of $429.2 million in federal support over the next 10 years to bring high-speed Internet service to more than 206,000 locations in Illinois, Indiana, Iowa, Kansas, Louisiana, Minnesota, Nebraska, Oklahoma, Texas, Wisconsin, and Wyoming.
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